Owens & Minor Issues Financial Outlook for 2015 at Annual Investor Meeting
December 05 2014 - 8:05AM
Business Wire
Owens & Minor, Inc. (NYSE-OMI) provided the company's
financial outlook for 2015 at its annual Investor Meeting, which
was held in New York on Friday, December 5, 2014.
For 2015, the company is targeting 10% growth in adjusted net
income per diluted share, excluding acquisition-related and exit
& realignment costs.
“We have made a series of significant strategic moves enabling
us to realign our organization, enter the European healthcare
market, acquire expanded capabilities, and transform our platform
into a flexible, dynamic network,” said James L. Bierman, president
& chief executive officer of Owens & Minor. “Consequently,
I have challenged the Owens & Minor leadership team to build
upon this foundation with the goal of achieving annualized earnings
growth of 10% over the next three years.”
A webcast of the investor meeting, featuring members of the
Owens & Minor management team and the related presentation, is
available at www.owens-minor.com under the Investor Relations
section.
Safe Harbor Statement
Except for historical information, the matters discussed in this
press release may constitute forward-looking statements that
involve risks and uncertainties that could cause actual results to
differ materially from those projected. These risk factors are
discussed in reports filed by the company with the Securities &
Exchange Commission. All of this information is available at
www.owens-minor.com. The company assumes no obligation, and
expressly disclaims any such obligation, to update or alter
information, whether as a result of new information, future events,
or otherwise.
Owens & Minor, Inc.
(NYSE: OMI) is a leading healthcare logistics company dedicated to
Connecting the World of Medical Products to the Point of CareTM by
providing vital supply chain services to healthcare providers and
manufacturers of healthcare products. Owens & Minor provides
logistics services across the spectrum of medical products from
disposable medical supplies to devices and implants. With logistics
platforms strategically located in the United States and Europe,
Owens & Minor serves markets where three quarters of global
healthcare spending occurs. Owens & Minor’s customers span the
healthcare market from independent hospitals to large integrated
healthcare networks, as well as group purchasing organizations,
healthcare products manufacturers, and the federal government. A
FORTUNE 500 company, Owens & Minor is headquartered in
Richmond, Virginia, and has annualized revenues exceeding $9
billion. For more information about Owens & Minor, visit the
company website at owens-minor.com.
Owens & MinorTrudi Allcott, Director, Investor & Media
Relations804-723-7555truitt.allcott@owens-minor.comorChuck Graves,
Director, Finance & Investor
Relations804-723-7556chuck.graves@owens-minor.com
Owens and Minor (NYSE:OMI)
Historical Stock Chart
From Aug 2024 to Sep 2024
Owens and Minor (NYSE:OMI)
Historical Stock Chart
From Sep 2023 to Sep 2024