The strength of our business model has been consistently translating into superior financial performance. Download Report At a glance Driven by the goal of achieving the highest level of governance, the 7 Sustainability Pillars are embedded in our corporate culture and guide our approach to building a prosperous and sustainable business. CAUTION: These products are intended for use by or under the direction of a physician. 10-K Annual Report February 2021 10-K Annual Report February 2020 . It is calculated as the Indicated Annual Dividend divided by the current Price, multiplied by 100. * Total 1H 2021 Abbott sales from continuing operations include Other Sales of approximately $38 million. 2021 Cost of products sold, excluding amortization expense includes approximately $500 million of charges associated with a restructuring plan to align Abbott's manufacturing network for COVID-19 diagnostic tests with changes during the second quarter in projected testing demand. Filing Group. Following are sales by business segment and commentary for the second quarter 2021: * Total Q2 2021 Abbott sales from continuing operations include Other Sales of approximately $22 million. With the expanded indication, an additional 1.2 million U.S. patients are now eligible to benefit from advanced monitoring with the CardioMEMS HF System, which marks a significant increase over the current addressable population. Sandvik as an investment. ABBOTT PARK, Ill., Jan. 26, 2022 /PRNewswire/ -- Abbott (NYSE: ABT)today announced financial results for the fourth quarter and full year ended Dec. 31, 2021, and issued its financial outlook for 2022. 2020 Annual Report and Proxy Statement. profit margins. 2020 Net Earnings and Diluted Earnings per Common Share from Continuing Operations, excluding Specified Items, excludes net after-tax charges of $1.099 billion, or $0.62 per share, for intangible amortization expense and other expenses primarily associated with acquisitions and restructuring actions. Compared to pre-pandemic sales in 2019, Medical Devices sales increased 19.2 percent on a reported basis and 15.6 percent on an organic basis in the second quarter, led by double-digit growth in Electrophysiology, Heart Failure, Structural Heart and Diabetes Care. annual and financial reports. Excluding COVID-19 testing-related sales, worldwide Molecular Diagnostics sales increased 24.1 percent on a reported basis and 24.5 percent on an organic basis, including 34.6 percent in the U.S. and 20.7 percent internationally.5, In Rapid Diagnostics, fourth-quarter international sales growth was negatively impacted by lower COVID-19 testing-related sales compared to the prior year. Economic, competitive, governmental, technological and other factors that may affect Abbott's operations are discussed in Item 1A, "Risk Factors" in our Annual Report on Form 10-K for the year ended Dec. 31, 2020, and are incorporated herein by reference. Worldwide Diagnostics sales increased 62.8 percent on a reported basis in the second quarter and increased 57.2 percent on an organic basis. Integrated Annual Report 2021. Fourth-quarter sales of $11.5 billion increased 7.2 percent on a reported basis and 7.7 percent on an organic basis, which excludes the impact of foreign exchange. 2020 Tax expense on Earnings from Continuing Operations includes the recognition of approximately$170 million of tax benefits related to the impairment of certain assets, $140 million of net tax benefits as a result of the resolution of various tax positions related to prior years and approximately $100 million in excess tax benefits associated with share-based compensation. Dec 31, 2020. Restructuring and cost reduction plans consist of distinct initiatives to streamline operations including the consolidation and rationalization of business activities and facilities, workforce reductions, the transfer of product lines between manufacturing facilities, and the transfer of other business activities between sites. 2022 Form 10-K. 2022 Proxy Statement. We continuously strive to reduce the impact that diseases of the central nervous system have on people's lives. FY 2021. 2021 Net Earnings and Diluted Earnings per Common Share from Continuing Operations, excluding Specified Items, excludes net after-tax charges of $926 million, or $0.51 per share, for intangible amortization and other net expenses primarily associated with restructuring actions, certain litigation and acquisitions. "2021 was an outstanding year for Abbott," said Robert B. Ford, chairman and chief executive officer, Abbott. pancreatic exocrine insufficiency, dyspepsia and gut health. Non-GAAP Reconciliation of Financial Information From Continuing Operations, Diluted Earnings per Share from Continuing Operations. In the fourth quarter of 2019, Medical Devices sales were $3.204 billion. As a result, the site may contain information on pharmaceuticals, medical devices and other products or uses of those products that are not approved in other countries or regions. Receive an e-mail as soon as a company files an Annual Report, Quarterly Report or has new 8-K corporate news. Legal Proceedings 4. Yield (%) This value is the current percentage dividend yield based on the present cash dividend rate. 2021 Annual Report on Form 10-K and 2022 Proxy Statement 4.7 MB. For full financial data and reconciliation of non-GAAPmeasures, please see Abbott's 2021 earnings releaseat 22.9% ORGANIC SALES INCREASE OVER 2020 1 42.7% ADJUSTED ONGOING EARNINGS PER SHARE INCREASE2 Quarterly Reports. 3 % rate of ambulance attendance per severe hypoglycemic event14; $214.47 per ambulance attendance, updated to $232. Abbott is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement of the linked site by Abbott. Divisions. Nutrition sales increased 11.9 percent on a reported basis and 9.5 percent on an organic basis in the second quarter. Our portfolio caters to the immunology segment with products targeting influenza, typhoid, diarrhea and hepatitis A. Abbott India Limited, a publicly listed company and subsidiary of Abbott Laboratories, USA. The net income as per the annual report was -4.2B which increased by $7.671B (65%) compared to previous year. Diversity, Equity and Inclusion (DEI) report, SUSTAINABILITY REPORT: DELIVERING LONG-TERM IMPACT. Abbott is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement of the linked site by Abbott. Integrated Annual Report 2020. Company has been maintaining healthy ROCE of 38.20 % over the past 3 years. And for a deep dive, read the full Sustainability and DEI reports. * Total 12M 2021 Abbott sales from continuing operations include Other Sales of approximately $52 million. 2012 Annual Report. No use of any Abbott trademark, trade name, or trade dress in this site may be made without the prior written authorization of Abbott, except to identify the product or services of the company. Copies of this Report also may be obtained, free of charge, by mail. End-of-day quote Bombay Stock Exchange This page also includes an archive of previous annual reports and sustainability information. In the second quarter of 2019, Core Laboratory and Molecular Diagnostics sales were $1.169 billion and $107 million, respectively. Online Annual Report. Our constant interactions with our partners and stakeholders allow us to identify their unmet needs and deliver innovations that help patients lead a healthy life. We have, consistently been able to drive double digit EBITDA and net. Prior to use, reference the Instructions for Use, inside the product carton (when available) or online for more detailed information on Indications, Contraindications, Warnings, Precautions and Adverse Events. Our differentiated offerings reflect our drive for sustained innovation that will help make people's lives healthier. Reflects the net tax benefit associated with the specified items, the resolution of prior years'tax positions and excess tax benefits associated with share-based compensation. The website you have requested also may not be optimized for your specific screen size. Abbott forecasts specified items for the first-quarter 2022 of $0.30 per share primarily related to intangible amortization, restructuring and cost reduction initiatives, expenses associated with acquisitions and other net expenses. The website you have requested also may not be optimized for your specific screen size. Copyright 2022 Surperformance. Abbott will live-webcast its fourth-quarter earnings conference call through its Investor Relations website at www.abbottinvestor.com at 8 a.m. Central time today. Excluding COVID-19 testing-related sales, worldwide Diagnostics sales increased 8.2 percent on a reported basis in the fourth quarter and 8.7 percent on an organic basis.4, In Molecular Diagnostics, fourth-quarter sales growth was negatively impacted by lower COVID-19 testing-related sales compared to the prior year. U.S. Centers for Medicare & Medicaid Services expanded reimbursement coverage for Abbott's revolutionary MitraClip device. GSK Pakistan Annual Report 2016 PDF - 8.9MB. Annual Report 1985.pdf (PDF document, 20.5 MB) Annual Report 1986.pdf (PDF document, 22.7 MB) . Some statements in this news release may be forward-looking statements for purposes of the Private Securities Litigation Reform Act of 1995. No use of any Abbott trademark, trade name, or trade dress in this site may be made without the prior written authorization of Abbott, except to identify the product or services of the company. As a result, the site may contain information on pharmaceuticals, medical devices and other products or uses of those products that are not approved in other countries or regions. Connect with us at www.abbott.com, on LinkedIn at www.linkedin.com/company/abbott-/, on Facebook at www.facebook.com/Abbott and on Twitter @AbbottNews. At Abbott India Limited, we strongly believe that quality health is critical to enriching the world around us. 2020 Tax expense on Earnings from Continuing Operations includes the recognition of approximately $80 million of net tax benefits as a result of the resolution of various tax positions related to prior years and approximately $20 million in excess tax benefits associated with share-based compensation. Half Yearly Report 2020-21. In the fourth quarter of 2019, total worldwide sales were $8.314 billion. Links which take you out of Abbott worldwide websites are not under the control of Abbott, and Abbott is not responsible for the contents of any such site or any further links from such site. Established Pharmaceuticals sales increased 16.4 percent on a reported basis and 14.5 percent on an organic basis in the second quarter. In the second quarter of 2019, Medical Devices sales were $3.075 billion. Unless otherwise specified, all product and service names appearing in this Internet site are trademarks owned by or licensed to Abbott, its subsidiaries or affiliates. GSK Pakistan Annual Report 2015 PDF - 2.8MB. A reconciliation of the year-to-date tax rates for continuing operations for 2021 and 2020 is shown below: 2021 Tax expense on Earnings from Continuing Operations includes the recognition of approximately $55 million of net tax benefits as a result of the resolution of various tax positions related to prior years and approximately $145 million in excess tax benefits associated with share-based compensation. makes us a responsible and prudent growth and investment vehicle for investors. In the second quarter of 2019, worldwide sales were $7.979 billion. During the COVID-19 pandemic, Abbott delivered results for its stakeholders like never before but the company is setting its sights on extending its positive impact even further in the years ahead: helping society meet its most urgent health needs and building a better, more resilient world. Half Yearly Report. We prioritize purpose, profitability, and progress in equal measure, which makes us a responsible and prudent growth and investment vehicle for investors. 2020 Annual Report on Form 10-K and 2021 Proxy Statement 8.5 MB. During fiscal year 2021, a number of debt instruments with a total nominal value of 3.5 billion matured and were redeemed.
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