Stryker Corporation · NYSE:SYK
Stryker — 42nd Annual Cowen Health Care Conference (March 2022)
7 slides from Stryker's conference presentation, Mar 7, 2022
Slide 1: Stryker – Glenn Boehnlein, Vice President, Chief Financial Officer
stryker Stryker Glenn Boehnlein Vice President, Chief Financial Officer
Slide 2: Forward-looking statements disclaimer
This presentation contains information that includes or is based on forward-looking statements within the meaning of the federal securities law that are subject to various risks and uncertainties that could cause our actual results to differ materially from those expressed or implied in such stateme
Slide 3: Integrity, Accountability, People, Performance
Integrity Accountability People Performance We do what’s right We do what we say We grow talent We deliver 3
Slide 4: Quarter trends and full year guidance
• Elective procedures recovering during the quarter • Demand for our capital products is strong and the order book remains very strong • Electronic component shortages are impacting shipments • Confirming full year revenue guidance of 6 – 8% organic sales growth 4
Slide 5: Gross margin and earnings per share pressures
• Gross margin impacted by cost increases in raw materials, transportation, and labor • Negative impact to Gross Margin of approximately 100 bps expected in Q1 • Investments in R&D and sales increasing to support growth from a lower base in Q1 2021 • Adjusted earnings per share pressured in Q1, but
Slide 6: Acquisitions completing product portfolio
• Completes the product portfolio in the • Category leadership in fast-growing important and growing direct anterior approach segment of digital care coordination and category communication • Mako capable in March 2022 • Deal closed February 2022 6
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