2022 Full Year Guidance and Strategic Outlook
Q1 2022: Financial Metrics
Strong execution driving solid core sales growth* and profitability
•
Core Sales Growth*
5.4%
GAAP EPS
$0.39
Adj. Diluted EPS*
$0.47
·
Adjusted EBITDA*
Adj. EBITDA Margin*
$124.6M
19.7%
Free Cash Flow*,**
-$16.3M
Core Sales Growth*
-
-
Solid growth across most of the portfolio, despite
China lockdowns
Specialty grew by >11% vs. Q1 2021
Profitability
-
Solid growth and EBS-driven cost savings offset by
significant increases in customer facing activities,
& investments in long-term growth
*Core sales growth, adjusted diluted EPS, adjusted EBITDA, adjusted EBITDA margin and free cash flow are non-GAAP financial measures. For a reconciliation to the most directly comparable GAAP measures, please see Appendix.
**Cash flow items presented include both continuing and discontinued operations.
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