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Perrigo Company plc Reports Record Fourth Quarter And Fiscal Year Revenue, Adjusted Operating Income And Adjusted Margins. Conference call scheduled for 10 a.m. ET today.
Date:8/14/2014

class="prnews_span">$4.68

-62

%Adjusted Diluted EPS

$6.39

$5.61

14

%Diluted Shares

115.6

94.5

22

%Fiscal Year Results

Net sales in the year were $4.06 billion, an increase of 15% over fiscal 2013, driven primarily by $290 million in sales attributable to the Elan, Rosemont Pharmaceuticals, Ltd., Sergeant's Pet Care Products, Inc., Fera, Velcera Inc. and Aspen acquisitions and new product sales of $231 million. Excluding charges as outlined in Table I at the end of this release, fiscal 2014 adjusted net income increased 40% to $740 million or $6.39 per diluted share. Reported net income was $205 million, or $1.77 per diluted share. The difference between the reported net income and adjusted net income was attributable primarily to amortization expense and other items not related to the ongoing operations the Company's business

Consumer HealthcareConsumer Healthcare Segment(in millions)(see the attached Table II for reconciliation to GAAP numbers)(YoY % Change may not calculate due to rounding)Fiscal 2014Fiscal 2013Fourth Quarter

EndedFourth Quarter

Ended


YoY

6/28/20146/29/2013% ChangeNet Sales

$606.9$562.5+8

%Reported Gross Profit

$202.0$199.1+1

%Adjusted Gross
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SOURCE Perrigo Company plc
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