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Corporate Citizenship Report 2010

 

Overview

Economic

Fiscal 2010 was a strong year for Agilent. Annual revenues were up almost $1 billion from fiscal 2009, an increase of 21 percent. Operating profit and earnings per share also increased substantially. In addition to benefiting from the acquisition of Varian which closed mid-year, we also saw very healthy organic growth in each of our businesses. Overall, Agilent is capitalizing well on the market upturn as the global economy recovers.

In addition to our strong fiscal 2010 financial results, we completed several strategic milestones. We executed a major restructuring of our electronic measurement business group. We completed the acquisition of Varian, the largest acquisition in our history, to strengthen our bioanalytical businesses and we established a new business group to focus on the pursuit of the life science market, our largest measurement opportunity in the coming years. Our bioanalytical sales force was split into two focused field organizations dedicated to chemical analysis and life sciences opportunities, with the LSG sales force strategically aligned to penetrate academic markets. We have increased our investment in research grants and collaborations with the world's leading universities.  

Agilent was chosen to be listed on the Dow Jones Sustainability North America Index and the Dow Jones Sustainability World Index. Being selected as an index component for the Dow Jones Sustainability Indexes reflects Agilent's commitment to operating in an environmentally and socially responsible manner.

 

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