Malad Call Girl in Services 9892124323 | ₹,4500 With Room Free Delivery
Owens_Minor3Q2008_webcast_slides
1. Owens & Minor
3Q 2008 Financial Results
Management Conference Call
Supplemental Information
October 28, 2008
2. SAFE HARBOR
Except for historical information, the matters discussed in this
presentation 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.
8. 2008 Outlook
“With our excellent performance so far this year and our
success in strengthening our relationships with our
customers, we are continuing to target 2008 annual
organic revenue growth in the 5% to 7% range,” said
Smith. “We also continue to target net income per diluted
share for the year in a range of $2.30 to $2.40, which
includes the expected dilution in the fourth quarter from
the Burrows acquisition.”
- press release dated October 27, 2008
9. Supplemental Information
(dollars in millions)
Non-GAAP Reconciliation – Direct-to-Consumer
3Q08 2Q08 1Q08 4Q07 3Q07
$ (0.3) $(1.5) $ 0.1 $(1.0) $ 1.2
GAAP operating (losses) earnings
2.1 2.4 2.5 2.7 2.7
Depreciation and amortization(a)
EBITDA(b) $ 1.8 $ 0.9 $ 2.6 $ 1.7 $ 3.9
(a) Excludes amortization related to direct-response advertising costs.
(b) Earnings before interest, taxes, depreciation and amortization (EBITDA) is considered a non-GAAP financial measure under
the SEC’s rules. Management believes that EBITDA is an important financial measure for use in evaluating the performance
of the company’s Direct-to-Consumer (DTC) business, as it excludes charges for depreciation and amortization which relate
primarily to business acquisitions and do not reflect the cash costs associated with operating the business. EBITDA should
be considered in addition to, rather than a substitute for, operating (losses) earnings as a measure of financial
performance.
10. Supplemental Information
Schedule of Sales Days per Year
2006 2007 2008
1st Quarter 64 64 64
2nd Quarter 64 64 64
3rd Quarter 63 63 64
4th Quarter 62 63 63
Totals 253 254 255