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1 Becton Drive
Franklin Lakes, NJ 07417
Monique N. Dolecki, Investor Relations 201-847-5453
Alyssa J. Zeff, Corporate Communications 201-847-4358
BD ANNOUNCES RESULTS FOR 2013 FOURTH FISCAL QUARTER AND FULL YEAR;
PROVIDES FISCAL 2014 GUIDANCE
Reports adjusted diluted earnings per share from continuing operations of $5.81 for the full fiscal year, in-line with the Companys expectations. Reported diluted earnings per share from continuing operations were $4.67.
Expects full fiscal year 2014 diluted earnings per share from continuing operations to be between $6.16 and $6.22, an increase of 6.0 to 7.0 percent, on an adjusted basis. On a currency-neutral basis the Company expects adjusted earnings per share to grow between 8.5 to 9.5 percent, or 9.0 to 10.0 percent excluding the incremental impact of the medical device tax.
Announces planned stock repurchases of about $450 million in fiscal year 2014.
Franklin Lakes, NJ (November 5, 2013) BD (Becton, Dickinson and Company) (NYSE: BDX), a leading global medical technology company, today reported quarterly revenues of $2.1 billion for the fourth fiscal quarter ended September 30, 2013, representing an increase of 6.8 percent from the prior-year period, or 7.2 percent on a foreign currency-neutral basis. Revenue growth in the quarter was aided, in part, by some one-time items. For the full fiscal year ended September 30, 2013, BD reported revenues of $8.1 billion, representing an increase of 4.5 percent over the prior-year period or 5.4 percent on a foreign currency-neutral basis.
We are proud of our accomplishments during fiscal year 2013, said Vincent A. Forlenza, Chairman, CEO and President. Our strategy of investing and innovating for growth is succeeding. We exceeded our financial and operating goals this year while continuing to deliver on our long-term commitments. We look forward to fiscal year 2014 with confidence.
The following information was filed by Becton Dickinson Co (BDX) on Tuesday, November 5, 2013 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.
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