Pfizer, Inc. · NYSE:PFE
Pfizer — 2010 Deutsche Bank 35th Annual Health Care Conference
7 slides from Pfizer's conference presentation, May 5, 2010
Slide 1: 2010 Deutsche Bank 35th Annual Health Care Conference
2010 Deutsche Bank 35th Annual Health Care Conference May 5, 2010 Frank D’Amelio Senior Vice President & Chief Financial Officer
Slide 2: Forward-Looking Statements, Non-GAAP Financial Information and Notes
Forward-Looking Statements, Non-GAAP Financial Information and Notes Our discussions during this presentation will include forward- looking statements. Actual results could differ materially from those projected in the forward-looking statements. The factors that could cause actual results to diff
Slide 3: Discussion Points
Discussion Points Quarterly results reflect solid operational performance in a challenging environment; Positively impacted by legacy Wyeth operations On track to achieve operational cost-reduction targets Reaffirm 2010 financial guidance despite the impact of U.S. healthcare legislation and t
Slide 4: 2010 Financial Guidance
2010 Financial Guidance (1) (2) Reported Revenues $67.0 to $69.0 Billion Adjusted Cost of Sales(3) as a 19.0% to 20.0% Percentage of Revenues Adjusted SI&A Expenses(3) $19.0 to $20.0 Billion Adjusted R&D Expenses(3) $9.1 to $9.6 Billion Adjusted Other (Income)/Deductions(3) $1.2 to $1.4 Billion Effe
Slide 5: 2012 Financial Targets
2012 Financial Targets(1) $65.2 to $67.7 billion Reported Revenues (previously $66.0 to $68.5 billion) Adjusted R&D(2) Expenses $8.0 to $8.5 billion Adjusted Operating Margin(2) High 30%s to Low 40%s Adjusted Other (Income)/Deductions(2) $1.0 to $1.2 billion Effective Tax Rate on Adjusted Income(2)
Slide 6: Top Investor Discussion Topics
Top Investor Discussion Topics Capital Allocation View toward Business Development Integration Process and Progress Healthcare Legislation 2010 Guidance 2012 Financial Targets 6
Slide 7: 2010 Deutsche Bank 35th Annual Health Care Conference
2010 Deutsche Bank 35th Annual Health Care Conference May 5, 2010 Frank D’Amelio Senior Vice President & Chief Financial Officer
Pfizer — 2010 Deutsche Bank 35th Annual Health Care Conference on 6ix