Becton Dickinson — Nov 7, 2024 release
Fiscal 2024 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000010795-24-000078
Showing in the filing
Impact to organic revenue growth from expected decline in revenues in China and Bioscience and Pharma market dynamics
“about 125 basis points”
Period
FY2025
Measure
Company-defined measure
Source
Prose
All guidance in this release · 7
Organic Revenue Growth (FXN) for FY2025
“4.0% to 4.5%”
Adjusted Diluted EPS growth at the midpoint for FY2025
“about 10%”
Impact to organic revenue growth from expect… for FY2025
“about 125 basis points”
GAAP Revenues for FY2025
“~$21.9 to $22.1 billion”
Adjusted Diluted EPS for FY2025
“$14.25 to $14.60”
Adjusted Revenue Growth (FXN) for FY2025
“8.8% to 9.3%”
Adjusted currency-neutral growth for FY2025
“8.8% to 9.3%”
Exhibit 99.1 · the passage around this item
… earlier in the release
GAAP revenue growth of 8.9% to 9.4% and currency-neutral adjusted revenue growth of 8.8% to 9.3% include the newly acquired APM business. The company's organic revenue growth guidance of 4.0% to 4.5% includes absorbing an impact about 125 basis points from an expected decline in revenues in China and Bioscience and Pharma market dynamics. Fiscal 2025 Guidance as of November 7, 2024 GAAP Revenues ~$21.9 to $22.1 billion GAAP Revenue Growth 8.9% to 9.4% Adjusted Revenue Growth (FXN) 8.8% to 9.3% Organic Revenue Growth (FXN) 4.0% to 4.5% Adjusted Diluted EPS $14.25 to $14.60 Adjusted Diluted EPS Growth ~8.5% to 11.0% BD's outlook for fiscal 2025 reflects numerous assumptions about many factors that could affect its business, based on the information management has reviewed as of this date. Management will discuss its outlook and several of its assumptions on its fourth fiscal quarter earnings call. The company's expected adjusted diluted EPS for fiscal 2025 excludes potential charges or gains that may be recorded during the fiscal year, such as, among other things, the non-cash amortization of intangible assets, acquisition-related charges, spin-related costs, and certain tax matters. BD does not attempt to provide reconciliations of forward-looking adjusted diluted non-GAAP EPS guidance to the comparable GAAP measure because the impact and timing of these potential charges or gains is inherently uncertain and difficult to predict
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.