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Medical device firm reports 9% increase in revenue

Published in Health and Medicine Week, December 1st, 2003

Becton, Dickinson and Company (BD) (BDX) reported record quarterly revenues of $1.177 billion for the fiscal fourth quarter ended September 30, 2003, an increase of 9% from the same period a year ago.

For the full year, the company reported record revenues of $4.528 billion, a 12% increase over a year ago. At constant foreign exchange rates, revenues increased 5% for the quarter and 8% for the fiscal year. Revenue growth in all segments benefited from favorable foreign currency translation, particularly with respect to the Euro, for the quarter and the year.

Diluted earnings per share and net income for the quarter were 61 cents and $161 million,...

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