8-KRegulation FDExhibits & Filings

Cencora, Inc. 8-K Report, Regulation FD Disclosure (Dec 12, 2012)

Filed December 12, 2012For Securities:COR

Summary

AmerisourceBergen Corporation (now Cencora, Inc.) filed an 8-K on December 12, 2012, to announce its reaffirmation of its previously issued fiscal year 2013 earnings guidance. The company expects diluted earnings per share (EPS) from continuing operations to be in the range of $3.06 to $3.16. This guidance is supported by projections of 6% to 9% revenue growth and 3% to 5% operating income growth. Key assumptions include a slight decline in operating margins, expected free cash flow between $750 million and $850 million, and a commitment to capital expenditures of approximately $180 million. Additionally, AmerisourceBergen indicated plans to repurchase at least $200 million of its common shares in FY2013, subject to market conditions, demonstrating a focus on returning capital to shareholders.

Key Highlights

  • 1Reaffirmed FY2013 diluted EPS guidance of $3.06 - $3.16.
  • 2Projected FY2013 revenue growth between 6% and 9%.
  • 3Expected FY2013 operating income growth in the range of 3% to 5%.
  • 4Anticipated FY2013 free cash flow generation of $750 million - $850 million.
  • 5Planned capital expenditures of approximately $180 million for FY2013.
  • 6Intention to repurchase at least $200 million of common shares in FY2013, market conditions permitting.

Frequently Asked Questions

The main purpose of this 8-K filing is to inform investors that AmerisourceBergen Corporation (now Cencora, Inc.) is reaffirming its previously issued earnings guidance for fiscal year 2013 during its annual Investor Day Meeting.

The company expects diluted earnings per share from continuing operations for fiscal year 2013 to be in the range of $3.06 to $3.16.

The guidance is supported by projected revenue growth of 6% to 9%, operating income growth of 3% to 5%, an operating margin decline in the high single to low double-digit basis points, and free cash flow of $750 million to $850 million. The company also plans capital expenditures of around $180 million.

Yes, AmerisourceBergen expects to spend at least $200 million to repurchase its common shares in fiscal year 2013, subject to market conditions.