TRUMF - Terumo Corporation (TRUMF) Q3 2024 Earnings Call Transcript
2024-02-08 19:55:03 ET
Terumo Corporation (TRUMF)
Q3 2024 Earnings Conference Call
February 07, 2024 2:45 AM ET
Company Participants
Naoki Muto – Chief Financial Officer
Conference Call Participants
Presentation
Naoki Muto
Hello. I am the CFO, Muto. I will give an overview of our Earnings Results for the Third Quarter of the Fiscal Year Ending March 31, 2024. Here are the highlights of this earnings report. Q3 exhibited highest ever results across all past quarters in both revenue and operating profit. For Q3 YTD revenue operating profit were highest ever for the period, maintained strong sales performance globally, with double-digit growth in revenue, operating profit, profit for the year, 6% YoY when excluding FX. Q3 YTD operating profit grew 9% when excluding FX, positive impact from our price increases and profitability improvement measures as well as ease of inflation resulted in strong progress towards the annual guidelines. So we have upwardly revised our annual guidance due to continuing positive impacts from yen depreciation on our business performances. Both our revenue and profit set new records for being highest ever....
Terumo Corporation (TRUMF) Q3 2024 Earnings Call Transcript