February 27, 2015 7:26 AM ET

Healthcare Equipment and Supplies

Company Overview of Acelity L.P. Inc.

Company Overview

Kinetic Concepts Inc. produces surgical healing and hospital patient-mobility equipment, including a tissue-repair therapy used in hospitals in the U.S. and worldwide for acute care and serious trauma. Its wound-care and tissue-repair system is used in pulmonary care, for post-cardiac-arrest complications in the intensive-care unit, and for other types of wound treatment including failed surgical closures, amputations, and serious pressure ulcers. The system works by using a vacuum-assisted closure technology. A second product is a line of hospital equipment that provides mobility to patients who cannot move because of pulmonary complications or due to obesity. Its bariatric-care products pr...

12930 West Interstate 10

San Antonio, TX 78249

United States

Founded in 1976

Phone:

210-524-9000

Key Executives for Acelity L.P. Inc.

principal Executive Officer, President, Director, Chief Executive Officer of Kinetic Concepts, Inc., Interim Chief Executive Officer of Lifecell Corpo and President of Kinetic Concepts, Inc.
Age: 48
Chief Financial Officer and Executive Vice President
Age: 51
Senior Vice President of Operations
Age: 54
President of Developed Markets
Group President of Businesses and Innovation
Compensation as of Fiscal Year 2014.

Acelity L.P. Inc. Key Developments

Acelity L.P. Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2014

Acelity L.P. Inc. announced unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2014. For the quarter, the company's total revenue was $482.7 million compared with $462.4 million a year ago. Operating earnings were $55.3 million compared with $57.8 million a year ago. Loss from continuing operations before income tax benefit was $43.9 million compared with $58.6 million a year ago. Loss from continuing operations was $30.9 million compared with $51.98 million a year ago. Net loss was $29.5 million compared with $52.7 million a year ago. Adjusted EBITDA from continuing operations was $198.3 million compared with $191.5 million a year ago. The growth rate of Adjusted EBITDA from continuing operations was negatively impacted by 1.8% due to unfavorable movements in foreign exchange rates. Total adjusted EBITDA was $199.7 million compared with $191.8 million a year ago. For the year, the company's total revenue was $1,866.3 million compared with $1,732.9 million a year ago. Operating earnings were $34.3 million compared with operating loss of $264.6 million a year ago. Loss from continuing operations before income tax benefit was $362.1 million compared with $705.9 million a year ago. Loss from continuing operations was $235.0 million compared with $555.1 million a year ago. Net loss was $230.5 million compared with $558.7 million a year ago. Net cash provided by operating activities was $91.8 million compared with $136.8 million a year ago. Additions to property, plant and equipment was $66.6 million compared with $80.9 million a year ago. Adjusted EBITDA from continuing operations was $712.1 million compared with $717.6 million a year ago. Total adjusted EBITDA was $718.7 million compared with $716.6 million a year ago.

Acelity L.P. Inc. to Report Q4, 2014 Results on Feb 17, 2015

Acelity L.P. Inc. announced that they will report Q4, 2014 results at 3:12 PM, GMT Standard Time on Feb 17, 2015

Acelity L.P. Inc., Q4 2014 Earnings Call, Feb 17, 2015

Acelity L.P. Inc., Q4 2014 Earnings Call, Feb 17, 2015

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