2022 Full Year Guidance and Strategic Outlook
Reconciliation of Core Sales Growth1
% Change Three
Month Period Ended
April 1, 2022 vs.
Comparable 2021
Period
Consolidated
Total sales growth
Plus the impact of:
Currency exchange rates
Core sales growth
Specialty Products & Technologies
Total sales growth
Plus the impact of:
Currency exchange rates
Core sales growth
Equipment & Consumables
Total sales growth
Plus the impact of:
Currency exchange rates
Core sales growth
3.1 %
2.3 %
5.4 %
8.3 %
2.9 %
11.2 %
(4.8)%
1.5 %
(3.3)%
1 We use the term "core sales" to refer to GAAP revenue excluding (1) sales from acquired businesses recorded prior to the first anniversary of the acquisition ("acquisitions"), (2) sales from discontinued products and (3) the impact of currency
translation. Sales from discontinued products includes major brands or products that Envista has made the decision to discontinue as part of a portfolio restructuring. Discontinued brands or products consist of those which Envista (1) is no longer
manufacturing, (2) is no longer investing in the research or development of, and (3) expects to discontinue all significant sales within one year from the decision date to discontinue. The portion of sales attributable to discontinued brands or
products is calculated as the net decline of the applicable discontinued brand or product from period-to-period. The portion of GAAP revenue attributable to currency exchange rates is calculated as the difference between (a) the period-to-period
change in sales and (b) the period-to-period change in sales after applying current period foreign exchange rates to the prior year period. We use the term "core sales growth" to refer to the measure of comparing current period core sales with
the corresponding period of the prior year...
18
EnvistaView entire presentation