- Reports record revenues for the quarter and year - Fourth-quarter earnings per share from continuing operations increased
15% to 98 cents
- Full-year earnings per share from continuing operations, excluding
specified items, increased 15% to $3.84
- Expects full fiscal year 2008 earnings per share from continuing
operations, excluding specified items, to increase 10%-12%
FRANKLIN LAKES, N.J., Nov. 1 /PRNewswire-FirstCall/ -- BD (Becton, Dickinson and Company) (NYSE: BDX) today reported record quarterly revenues of $1.651 billion for the fourth fiscal quarter ended September 30, 2007, representing an increase of 13 percent over the prior year period. This quarter's growth rate reflects the favorable impact on all segments from foreign currency translation, which overall is estimated to account for 3 percentage points of the increase in quarterly revenues.
For the full fiscal year ended September 30, 2007, BD reported record revenues of $6.360 billion, representing an increase of 11 percent over the prior year, which reflects an overall estimated 3 percent favorable impact from foreign currency translation that affected all segments.
"We are pleased with our solid finish to another successful year during
which BD exceeded its financial and operating goals," said Edward J.
Ludwig, Chairman, President and Chief Executive Officer. "Our performance
was strong across all three segments. We continue to invest in innovation
while delivering double-digit earnings growth. Strong cash flow driven by
operating margin expansion enables us to return value to shareholders
through dividend increases and share repurchases. We are e
|SOURCE BD (Becton Dickinson and Company)|
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