Second-quarter sales of $10.2 billion. excludes the impact of foreign exchange. ABBOTT PAKISTAN ANNUAL REPORT 2021. adjusted diluted EPS from continuing operations of at least $5.00, reflecting growth of more than 35 percent versus the prior year. Note: In order to compute results excluding the impact of exchange rates, current year U.S. dollar sales are multiplied or divided, as appropriate, Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Abbott Laboratories. We partner with a broad range of organizations to help address today's healthcare challenges. Associated British Foods is a diversified group, with a wide range of food and ingredient businesses as well as our flagship retail brand, Primark. 2021 Annual Report. ABBOTT INDIA LIMITED ANNUAL REPORT 2021-22 ENRICHING LIVES, EVERYDAY TABLE OF CONTENTS CORPORATE OVERVIEW Enriching Lives of Read more 16 Our Patients through Corporate Overview Statutory Reports Financial Statements Notice ENRICHING LIVES, EVERYDAY TRENDS IMPACTING VALUE CREATION Operating Environment Strategic Priorities Business Model ESG Note: In order to compute results excluding the impact of exchange rates, current year U.S. dollar sales are multiplied or divided, as appropriate, by the current year average foreign exchange rates and then those amounts are multiplied or divided, as appropriate, by the prior year foreign exchange rates. 1 First-quarter 2021 diluted EPS from continuing operations on a GAAP basis reflects 233.3 percent growth.2Full-year 2021 guidance for diluted EPS from continuing operations on a GAAP basis reflects growth of at least 50 percent versus the prior year. 3 Includes recommended final dividend of 44.59p. Second Edition 2020 . Operating margins decreased from 20.2 percent of sales in 2018 to 18.5 percent in 2020 primarily due to the unfavorable impact of foreign exchange, product mix and lower gross margins. Abbott Laboratories (ABT) SEC Filing 10-Q Quarterly Report for the period ending Friday, September 30, 2022 . First Edition 2021. Inside Abbott Laboratories's 10-K Annual Report: Financial - Cash Flow Highlight. 2021 Tax expense on Earnings from Continuing Operations includes the recognition of approximately $80 million in excess tax benefits associated with share-based compensation. 72.55p. Abbott's cash dividend is payable May 17, 2021 to shareholders of record at the close of business on April 15, 2021. ABBOTT LABORATORIES . Reflects the net tax benefit associated with the specified items and excess tax benefits associated with share-based compensation. Strong growth in the quarter was driven by demand for Abbott's portfolio of COVID-19 diagnostics tests across its rapid and lab-based platforms. Organic sales growth was led by strong growth across several geographies, including China, India and Brazil. 2021 Annual Report 6 MB. Net Debt/EBITDA. By connecting software to its electrification, robotics, automation and motion portfolio, ABB pushes the boundaries of technology to drive performance to new levels. She is Founder & CEO of Planetive, a sustainability advisory platform and runs the advisory practice of Khalid Majid Rehman Chartered Accountants as Managing 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. Abbott undertakes no obligation to release publicly any revisions to forward-looking statements as a result of subsequent events or developments, except as required by law. 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. ABBOTT PARK,Ill., Jan.27, 2021 Abbott today Second Edition 2019. . 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. In December 2020, Abbott increasedRead more, In 2019, the favorable effectRead more, Interest expense, net decreased $76Read more, In 2018, Abbott also recordedRead more, In Abbott's worldwide nutritional productsRead more, In the Diagnostics segment, theRead more, However, in the fourth quarter,Read more, In Rapid Diagnostics, sales increasedRead more, Working capital also increased dueRead more, In 2019, the increase primarilyRead more, Abbott declared dividends of $1.53Read more, In addition to negatively impactingRead more, With respect to Abbott's financialRead more, In the International Adult NutritionalRead more, In 2019, growth in StructuralRead more, This adjustment increased the cumulativeRead more, In Medical Devices, the impactRead more, Excluding the impact of foreignRead more, Abbott considers a one-percentage pointRead more, In 2020, FreeStyle Libre salesRead more, FreeStyle Libre sales in 2019Read more, In 2020, operating earnings forRead more, The price declines related toRead more, In the U.S. Pediatric NutritionalRead more, Litigation - Abbott accounts forRead more, These increases were partially offsetRead more, 2019 growth in Electrophysiology revenueRead more, Abbott benefits from a combinationRead more, The following table details theRead more, Amortization expense in continuing operationsRead more, The standard becomes effective forRead more, In 2020 U.S. As at 18th September . 2021 Group financial highlights. $3.65, at the upper-end of guidance range issued in January2020. Other primarily relates to the impairment of an investment. In the fourth quarter, global COVID-19 testing-related sales were $2.4 billion, led by combined sales of $1.9 billion from Annual report which provides a comprehensive overview of the company for the past year. CONTACT ABBOTT INDIA ABOUT US ABOUT US. We are united by our purpose to provide safe, nutritious and affordable food, and clothing that is great value for money. On a GAAPbasis, Abbott sales increased 24.5% 2GAAP EPS from continuing operations increased 58.2%. First-quarter 2021 worldwide sales of $10.5 billion increased 35.3 percent on a reported basis and 32.9 percent on an organic basis. Feb 19, 2021. ABBOTT PARK, Ill., July 22, 2021 /PRNewswire/ -- Abbott (NYSE: ABT) today announced financial results for the second quarter ended June 30, 2021. www.abb.com, ABB's website uses cookies. accessibility. 3 Excluding COVID-19 testing-related sales, Core Laboratory Diagnostics sales increased 14.1 percent and Molecular Diagnostics sales increased 33.9 percent on a reported basis in the first quarter. Download XLS. Includes Ownership Percent, Buy versus Sell comparison, Put-Call ratio and more, Get one-click access to balance sheets, income, operations and cash flow statements without having to find them in Annual and Quarterly Reports, Consolidated Balance Sheet (Parenthetical), Consolidated Statement Of Comprehensive Income, Consolidated Statement Of Comprehensive Income (Parenthetical), Consolidated Statement Of Shareholders' Investment, Consolidated Statement Of Shareholders' Investment (Parenthetical), Accumulated Other Comprehensive Income (Loss), Accumulated Other Comprehensive Income (Loss) (Details), Accumulated Other Comprehensive Income (Loss) (Tables), Debt And Lines Of Credit - Debt Issuances And Redemptions (Details), Debt And Lines Of Credit - Principal Payments (Details), Debt And Lines Of Credit - Schedule (Details), Debt And Lines Of Credit - Weighted-Average Interest Rate (Details), Discontinued Operations And Business Dispositions, Discontinued Operations And Business Dispositions - Summary (Details), Financial Instruments, Derivatives And Fair Value Measures, Financial Instruments, Derivatives And Fair Value Measures (Tables), Financial Instruments, Derivatives And Fair Value Measures - Bases Of Measurement (Details), Financial Instruments, Derivatives And Fair Value Measures - Carrying Value And Fair Value (Details)K, Financial Instruments, Derivatives And Fair Value Measures - Contracts (Details), Financial Instruments, Derivatives And Fair Value Measures - Gain Or Loss (Details), Financial Instruments, Derivatives And Fair Value Measures - Location Of Derivative Instruments (Details), Goodwill And Intangible Assets - Goodwill (Details), Goodwill And Intangible Assets - Intangible Assets (Details), Incentive Stock Program - Expense (Details), Incentive Stock Program - Options Fair Value (Details), Incentive Stock Program - Restricted Awards And Units (Details), Incentive Stock Programs - General (Details), Incentive Stock Programs - Option Activity (Details), Lease - Lessor Lease Description (Details), Leases - Amounts And Location Of Operating Lease Rou Assets And Lease Liabilities (Details), Leases - Future Minimum Lease Payments (Details), Leases - Operating Leases As Lessee (Details), Litigation And Environmental Matters (Details), Post-Employment Benefits - Assets (Details), Post-Employment Benefits - Assumptions (Details), Post-Employment Benefits - Benefit Obligation (Details), Post-Employment Benefits - Expense (Details), Post-Employment Benefits - Funding And Payments (Details), Post-Employment Benefits - Stock Retirement Plan (Details), Revenue - Assets Recognized For Costs To Obtain A Contract With A Customer (Details), Revenue - Other Contract Assets And Liabilities (Details), Revenue - Remaining Performance Obligations (Details), Schedule Ii Valuation And Qualifying Accounts, Schedule Ii Valuation And Qualifying Accounts (Details), Segment And Geographic Area Information (Tables), Segment And Geographic Area Information - Depreciation And Assets (Details), Segment And Geographic Area Information - Geographic Information (Details), Segment And Geographic Area Information - Reconciliation (Details), Segment And Geographic Area Information - Sales And Earnings (Details), Summary Of Significant Accounting Policies, Summary Of Significant Accounting Policies (Policies), Summary Of Significant Accounting Policies (Tables), Summary Of Significant Accounting Policies - Cash, Cash Equivalents And Investments (Details), Summary Of Significant Accounting Policies - Earnings Per Share (Details), Summary Of Significant Accounting Policies - Pensions (Details), Summary Of Significant Accounting Policies - Property And Equipment (Details), Supplemental Financial Information (Tables), Supplemental Financial Information - Acquired R&Amp;D (Details), Supplemental Financial Information - Allowance For Doubtful Accounts (Details), Supplemental Financial Information - Investments (Details), Supplemental Financial Information - Other Accrued Liabilities (Details), Supplemental Financial Information - Other Income And Expense (Details), Supplemental Financial Information - Post-Employment Obligations And Other Long-Term Liabilities (Details), Taxes On Earnings From Continuing Operations, Taxes On Earnings From Continuing Operations (Details), Taxes On Earnings From Continuing Operations (Tables), Taxes On Earnings From Continuing Operations - Deferred Tax Assets And Liabilities (Details), Taxes On Earnings From Continuing Operations - Earnings And Taxes (Details), Taxes On Earnings From Continuing Operations - Tax Rate Reconciliation (Details), Taxes On Earnings From Continuing Operations - Unrecognized Tax Benefits (Details), Exhibit 21: Subsidaries Of The Registrant, Exhibit 23.1: Consents Of Experts And Counsel, Exhibit 31.1: Rule 13A-14(A)/15D-14(A) Certification, Exhibit 31.2: Rule 13A-14(A)/15D-14(A) Certification, https://last10k.com/sec-filings/abt/0001104659-21-025751.htm. Excluding COVID-19 testing-related sales, Core Laboratory Diagnostics sales increased 10.7 percent and Molecular Diagnostics sales increased 31.5 percent on an organic basis in the first quarter.3, Established Pharmaceuticals($ in millions). Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. First Edition . Worldwide Medical Devices sales increased 13.1 percent on a reported basis in the first quarter and increased 8.8 percent on an organic basis. Second Edition 2021. REQUEST PRINTED MATERIALS To request information via email, please follow this link; INVESTOR CONTACTS Learn how to . Filing Formats. Acquisition-related expenses include integration costs, which represent incremental costs directly related to integrating the acquired businesses and include expenditures for the integration of systems, processes and business activities. e m pl oye r i de nt i fi c a t i on num be r) (224) 667-6100 (t e l e phone num be r) Abbott issues full-year 2021 guidance for diluted EPS from continuing operations on a GAAP basis of at least $3.74 and full-year 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. See tablestitled"Non-GAAP Reconciliation of Financial Information From Continuing Operations"for an explanation of certain non-GAAP financial information. 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