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
Organic Revenue Growth (FXN)
“4.0% to 4.5%”
Period
FY2025
Measure
Company-defined measure
Source
Guidance table
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
Director, Investor Relations - 201-847-6927 Media: Troy Kirkpatrick, VP, Public Relations - 858-617-2361 BD Reports Fourth Quarter and Full Year Fiscal 2024 Financial Results Strong Growth and Margin Execution Drives Performance in Quarter • Q4 revenue of $5.4 billion increased 6.9% as reported, 7.4% currency-neutral and 6.2% organic • Q4 GAAP and adjusted diluted EPS from continuing operations of $1.45 and $3.81 grew 173.6% and 11.4%, respectively • FY24 revenue of $20.2 billion increased 4.2% as reported and currency neutral, 4.6% adjusted currency-neutral, and 5.0% organic • FY24 GAAP and adjusted diluted EPS from continuing operations of $5.93 and $13.14 grew 16.3% and 7.6%, respectively • FY24 cash from continuing operations grew 28.5% to $3.8 billion and Free Cash Flow grew 47.4% to $3.1 billion, increasing $0.9 billion and $1.0 billion since the prior year, respectively • Company issues FY25 revenue guidance including GAAP growth of 8.9% to 9.4%, adjusted currency-neutral growth of 8.8% to 9.3% and organic growth of 4.0% to 4.5% • Company issues FY25 adjusted diluted EPS guidance of $14.25 to $14.60 1 , which reflects growth of about 10% at the midpoint FRANKLIN LAKES, NJ (November 7, 2024) - BD (Becton, Dickinson and Company) (NYSE: BDX), a leading global medical technology company, today announced results for its fiscal 2024 fourth quarter and full year which ended September 30, 2024. “In FY24, our team advanced our strategy, continuing to shift our portfolio into higher-growth areas through new innovations and the acquisition of Edwards Lifesciences’ Critical Care product group, while leveraging our BD Excellence system to exceed our margin expansion, earnings and cash flow goals,” said Tom Polen, chairman, CEO and president of BD. “Our growth strategy remains focused on delivering solutions for our customers that leverage significant shifts in technology, like biologics, AI and automation, that are revolutionizing patient care. Combined with accelerated operational performance through BD Excellence and strong capital deployment, we are poised to deliver continued value creation for our shareholders.” 1 BD does not attempt to provide reconciliations of forward-looking adjusted diluted EPS guidance to t
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.