Owens & Minor Issues Financial Outlook for 2012 at Annual Investor Day Meeting
RICHMOND, Va.--(BUSINESS WIRE)--Dec. 7, 2011--
Owens & Minor, Inc. (NYSE:OMI) today provided the company's financial
outlook for 2012 at its annual Investor Day meeting, held in
New York on
December 7, 2011.
“For the year, we are targeting revenue growth in a range of 3% to 5%,
when compared to 2011, and we are targeting net income per diluted share
to increase 5% to 10%, when compared to 2011, excluding the fourth
quarter 2011 realignment costs,” said Craig R. Smith, president & chief
executive officer of Owens & Minor.
A webcast of the investor meeting, featuring members of the Owens &
Minor management team and related presentations, is available at www.owens-minor.com
under the Investor Relations section.
Information on www.owens-minor.com
Owens & Minor uses its website, www.owens-minor.com,
as a channel of distribution for material company information, including
news releases, investor presentations and financial information. This
information is routinely posted and accessible under the Investor
Relations section.
Safe Harbor Statement
Except for historical information, the matters discussed in this press
release may constitute forward-looking statements that involve risks and
uncertainties that could cause actual results to differ materially from
those projected. These risk factors are discussed in reports filed by
the company with the Securities & Exchange Commission. All of this
information is available at www.owens-minor.com.
The company assumes no obligation, and expressly disclaims any such
obligation, to update or alter information, whether as a result of new
information, future events, or otherwise.
Owens & Minor, Inc., (NYSE: OMI)
a FORTUNE 500 company headquartered in Richmond, Virginia, is a
leading national distributor of name-brand medical and surgical supplies
and a healthcare supply-chain management company. Owens & Minor is also
a member of the Russell 2000® Index, which measures the
performance of the small-cap segment of the U.S. equity universe, as
well as the S&P MidCap 400, which includes companies with a market
capitalization of $1 billion to $4.4 billion that meet certain financial
standards. With a diverse product and service offering and distribution
centers throughout the United States, the company serves hospitals,
integrated healthcare systems, alternate site locations, group
purchasing organizations, and the federal government. Owens & Minor
provides technology and consulting programs that improve inventory
management and streamline logistics across the entire medical supply
chain--from origin of product to patient bedside. For news releases, or
for more information about Owens & Minor, visit the company website at www.owens-minor.com.

Source: Owens & Minor, Inc.
Owens & Minor, Inc.
Trudi Allcott, Director, Investor & Media
Relations, 804-723-7555
truitt.allcott@owens-minor.com
or
Chuck
Graves, Director, Finance & Investor Relations, 804-723-7556
chuck.graves@owens-minor.com