MAAT INDEX

CLAIM #20819 · DHR (DHR) · 2024Q4 earnings call · Jan 29, 2025 · due Dec 31, 2025

But the core tools we think is still in pretty good shape and kind of at the high end of low-single-digits.

Matt McGrew · CFO

CANNOT_DETERMINE
resolved by a revision, graded at the moved level · official band 5 percent
Committed
the core tools we think is still in pretty good shape and kind of at the high end of low-single-digits
Reported
we continue to expect core revenue growth of approximately 3%, which assumes better performance in our bioprocessing business will be offset by slightly more modest expectations for life sciences

In context

sit today, this is probably a good starting point. As we think about the phasing, we would expect each quarter to get a little better. Matt McGrew: Okay. Jack, maybe - just Q1, like you said, it's kind of down mid-single digits. I think we probably are kind of flattish as we head into Q2, and then kind of ramp up from there. And really Q1, the big kind of comp issue is a lot of it really is Pall, in particular, some of the things in the industrial business, both year-over-year with some big projects that we saw there and then also sequentially kind of the step-down. If you will, from Q4 in Life Sciences, they were a double-digit grower here in Q4. I think they're going to be negative here in Q1. And given the size of that business, it's almost $2 billion. It does kind of move the needle. But the core tools we think is still in pretty good shape and kind of at the high end of low-single digits. Jack Meehan: Great. Okay. And then, Rainer, you alluded to this a little bit. Obviously, had the change in administration, and U.S. academic government funding has been a hot topic, a lot of headlines. I was curious if you could give us a state-of-the-state, what you're seeing in the market today and how, did that influence the way that you set the guide? Rainer Blair: So, well, it's only been a couple weeks here of the new administration, Jack, but in general, we'd expect the environment to be more business-friendly. And certainly, the election has not changed our view of our portfolio, which we know is positioned towards the most attractive secular growth trends in Life Sciences and Diagnostics. And sure, and we plan for this. And as you said, we've talked about that here in the Life Sc

Verify independently

SEC filings for DHR · Claim quote is verbatim from the 2024Q4 earnings call.