Abbott reviews double-digit ongoing earnings-per-share growth in fourth quarter and full-year 2011 Abbott’s worldwide sales increased 4.1 % to $10.4 billion, including a good 0 prescription drugs .2 % effect of foreign exchange. Emerging markets sales had been $2.5 billion, representing twenty five % of total sales nearly, with particularly strong growth in Nutritionals, Diagnostics and Vascular. Diluted earnings per talk about, excluding specified items, had been $1.45, at the top quality of Abbott’s prior guidance range, reflecting 11.5 % growth. Diluted earnings per share under Generally Recognized Accounting Principles had been $1.02, including specified items. Fourth quarter results included an altered gross margin ratio of 64 % nearly, driven by improved efficiencies across a number of operating divisions, product blend, and the result of foreign exchange. In 2011, Abbott continuing to advance its broad-based pipeline, and launched several new indications or items across our Pharmaceuticals, Medical Products, Diagnostics and Nutritionals businesses. Abbott generated record operating cash flow greater than $9 billion in 2011. The ongoing company will resume share repurchase activity in 2012. ‘Despite another challenging yr for the global economy, Abbott again shipped leading performance, including strong sales and ongoing earnings-per-share growth,’ said Miles D. White colored, chairman and chief executive officer, Abbott. ‘2011 was a substantial 12 months for Abbott, with the announced plan to separate into two leading health care companies in research-based pharmaceuticals and diversified medical items, each offering shareholders unique identities with unique investment opportunities. We stick to monitor to complete the separation by the ultimate end of 2012.’ About Abbott Abbott is definitely a global, broad-based health care company specialized in the discovery, development, manufacture and marketing of pharmaceuticals and medical products, including nutritionals, diagnostics and devices. The business employs 91 approximately, 000 people and marketplaces its products in more than 130 countries.
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