2023 Q3 Earnings
Health Care
Q3 2023 commentary
Organic growth performance
- High-single digit increase in oral care; low-single digit increases in medical
solutions, and separation and purification
- Low-single digit decline in health information systems
Normalization of post-COVID related biopharma demand, and tighter hospital
budgets negatively impacting separation and purification, and health
information systems performance
Operating margin up 50 bps YoY; up 240 bps sequentially
- YoY increase driven by:
■ Benefits from productivity actions, restructuring, strong spending
discipline, and price
■ Partially offset by higher restructuring costs
Organic growth
2.4%
Operating margin
22.2%
2023 Q3 Earnings | October 24, 2023. All rights reserved.
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