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Hill-Rom Reports Fiscal Fourth Quarter and Full Year Results; Provides 2012 Financial Outlook
Date:10/26/2011

2012.  
  • During the quarter, the Company completed the acquisition of Liko distributors in France and Switzerland for approximately $20 million.

  • Please see the attached schedules for additional information, including condensed financial information, summary balance sheet, cash flow statement and segment sales summaries.  

    For a more complete review of Hill-Rom's results, please refer to our Annual Report on Form 10-K for the year ended September 30, 2011, which will be filed in November.

    Financial Guidance Summary for 2012Financial guidance for fiscal 2012 is as follows:  Hill-Rom expects full-year constant currency revenue growth of between 4 and 5 percent.  The Company expects adjusted earnings guidance of $2.45 to $2.55 per diluted share.  Cash flow from operations for the full year is expected to be approximately $290 to $300 million.

    Hill-Rom Holdings, Inc. routinely provides earnings per share results and guidance on an adjusted basis because the Company's management believes that the presentation provides useful information to investors.  These measures exclude strategic developments, special charges and the impact of significant litigation or other unusual events. Such items may be highly variable, difficult to predict and of a size that sometimes have substantial impact on the Company's reported operations for a period. Often, prospective quantification of such items is not feasible.  Management uses these measures internally for planning, forecasting and evaluating the performance of the business. Investors should consider non-GAAP measures in addition to, not as a substitute for, or as superior to, measures of financial performance prepared in accordance with GAAP.

    Additional assumptions and discussion will be provided during the Company's conference call to be held tomorrow morning.  Information to access the webcast is provided below.

    Conference
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    SOURCE Hill-Rom Holdings, Inc.
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