Fortive(US:FTV)2023-02-01 16:58Financial Performance Highlights - Q4 2022 revenue reached $1,530 million[5], while full-year revenue amounted to $5,826 million[5] - Fortive achieved a 62% growth in free cash flow in Q4 and 28% for the full year 2022[6] - The company's adjusted earnings per share were $0.88 in Q4 and $3.15 for the full year[5] - Fortive delivered 14% core revenue growth in Q4 and 10% in FY22[100] Revenue Growth Components - Total revenue growth for Q4 2022 was 11.3% and 10.9% for the full year[82] - Acquisitions contributed 1.4% to revenue growth in Q4 and 3.9% for the full year[83] - Currency translation had a negative impact of approximately 4% in Q4[30] Segment Performance - Intelligent Operating Solutions (IOS) saw core revenue growth of 13.1% in Q4 and 12.0% for the full year[85] - Precision Technologies (PT) experienced core revenue growth of 20.4% in Q4 and 13.2% for the full year[63] - Advanced Healthcare Solutions (AHS) reported core revenue growth of 5.3% in Q4 and 2.1% for the full year[65] Margin and Profitability - The company's adjusted gross margin increased by 50 bps[15] - Adjusted operating profit margin increased by 110 bps in Q4[12] - Fortive anticipates a 75 bps increase in adjusted operating profit margin for FY 2023[24] 2023 Outlook - Fortive projects core growth of 3% to 5% for FY 2023[23] - The company estimates revenue between $5,950 million and $6,100 million for FY 2023[24] - Adjusted EPS is projected to be between $3.25 and $3.40 for FY 2023[24]