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Beckman Coulter Affirms 2009 Outlook
Date:12/17/2009

ORANGE COUNTY, Calif., Dec. 17 /PRNewswire-FirstCall/ -- Beckman Coulter, Inc. (NYSE: BEC), a leading developer, manufacturer and marketer of products that simplify, automate and innovate complex biomedical testing, today affirmed its 2009 outlook and provided preliminary outlook for 2010.

(Logo: http://www.newscom.com/cgi-bin/prnh/20031202/BECLOGO)

Scott Garrett, chairman, president and chief executive officer, said, "Despite broad uncertainties throughout the world economy, the strength of our business model and the accretive affects of our Olympus (ODS) acquisition position us to achieve mid-teens earnings growth in 2010. While no company is fully insulated from vulnerable and volatile world markets, our stable installed base, which generates solid recurring revenue growth combined with our intensified focus on operating excellence, is expected to drive achievement of our earnings outlook."

Preliminary 2010 Outlook

Excluding ODS, the company expects 2010 recurring revenue to increase approximately 7% and cash instrument sales are expected to grow low to mid-single digits (both in constant currency) based on expectations for a continued weak capital expenditure environment. ODS is expected to contribute about $480 to $500 million to the company's total 2010 revenue, based on current exchange rates. Adjusted operating income margin should increase by approximately 50 to 100 basis points over 2009.

The company's outlook expectation for 2010 fully diluted earnings per share including ODS, is a range of between $4.40 to $4.55. This is based on a share count of 71.3 million and a tax rate of 27% but excludes amortization of ODS intan
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SOURCE Beckman Coulter, Inc.
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