Hill-Rom Reports Second Quarter Revenue Growth of 12.0 Percent to $375.2 Million and Adjusted Earnings Per Fully Diluted Share from Continuing Operations of $0.26, Unchanged from the ...(tiatives are on track.During the second ...),Health

Date:5/13/2008

tiatives are on track. During the second half we expect our revenue growth rate to be mid-to-high single digits, gross profit to increase ten to twenty percent, and operating income as adjusted to increase well in excess of gross profit as we experience better operating expense leverage. These projections assume that we continue to see the robust pipeline of capital spending projects in North America that we see at this time," Soderberg concluded.

Other second quarter revenue highlights regarding Hill-Rom business segments:

-- North America Acute Care. Hill-Rom North America Acute Care revenue

increased $11.5 million, or 5.2 percent, to $230.9 million--including

$2.5 million of favorable exchange rate movements. Capital sales

increased 1.6 percent, or $2.5 million, due in part to the initial

shipments of our new TotalCare Connect(TM) and TotalCare Connect

Bariatric(TM) bed platforms in March. These platforms provide

differentiated connectivity and a user-friendly caregiver interface.

This growth, and strong sales increases in our maternity beds and

stretchers, was, for the most part, offset by competitive pressure on

our mid-acuity patient support systems and architectural products.

North America rental revenue increased by $9.0 million, or 15.5

percent, during the quarter. Therapy rental products in acute care

grew in excess of 25 percent, due to a strong influenza and pneumonia

season, sharply higher volumes from 2007 product launches in bariatric

and wound care products, and the impact of a recent sole-source GPO

contract win. Moveable medical equipment rentals continued to reflect

year-over-year declines, although at much more modest rates.

-- International and Surgical. Hill-Rom International and Surgical

capital and rental revenue increased $23.8 million, or 32.5 percent, to<
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SOURCE Hill-Rom Holdings, Inc. Copyright©2008 PR Newswire. All rights reserved

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