2. 2008 Outlook
“We are off to a good start this year and our first quarter results put
us within the range of our previously stated guidance, which we are
reaffirming. We believe we will achieve 2008 annual revenue growth
in the 5% to 7% range,” said Smith. “We believe that this
anticipated revenue growth and our ability to manage our business
efficiently and effectively will translate into earnings per diluted
share in a range of $2.20 to $2.30, representing a 23% to 28%
increase in earnings for the year.”
- Craig R. Smith, President & CEO
3. 2008 Outlook
Income Statement
• Revenue Growth
– Targeted to be in 5% to 7% range
• Gross Margin
– Targeted to be consistent as a % of revenues compared
to the 2nd half of 2007
• SG&A
– Targeted mid-single digit basis point improvement compared
to the 2nd half of 2007
• Annual Tax Rate
– Targeted to be consistent with 2007
4. 2008 Outlook
Cash Deployment
• Capital Expenditures
– Targeted to be in the range of $25-$35 million
• Excess Capital Usage
– Financially/strategically attractive acquisitions
– De-lever revolver debt
5. 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.
