Teleflex Announces Year Over Year Revenue Growth

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Teleflex Inc. of Wayne is celebrating a successful 2014 following release of its financial report.

Full year 2014 net revenues were $1.84 billion, up 8.5 percent over  2013. Excluding the impact of foreign currency fluctuations, full year 2014 net revenues increased 8.8 percent over 2013.

Benson Smith, chairman, president and CEO, said the firm integrated Vidacare and Mayo Healthcare Pty Ltd., delivered constant currency revenue growth near the upper end of its guidance range, and generated adjusted earnings per share well ahead of  initial expectations.

“During 2015, we expect to continue to produce solid constant currency revenue growth and significant operating leverage,” Smith said. “While we anticipate that our 2015 results will be negatively impacted by foreign exchange movements, we are committed to implementing operational measures to, in part, mitigate the earnings effect.”

Teleflex, a leading global provider of medical devices for critical care and surgery, is committed to connecting emergency clinicians to technology to improve clinical practice and patient outcomes.  Teleflex employs about 11,500 people.

Later this month the firm will travel to Baltimore, Md. to showcase its broad portfolio of products, including new rescue airway devices for emergency medical workers. Teleflex will also offer hands-on training and run a rescue airway challenge.
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Top photo credit: teleflex via photopin (license)

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