Question · Q4 2025
Joanne Winch inquired about the philosophy behind constructing the 2026 guidance, specifically how Baxter aimed to ensure deliverability and consistency with its 'Say-Do Ratio.'
Answer
EVP and CFO Joel Grade stated that the guidance is prudent, reflective of current information, and transparent about challenges and actions, incorporating key assumptions like the Novum situation, IV solutions rebasing, pharma challenges, product mix impacts, reduced pricing contribution, and EPS impacts. President and CEO Andrew Hider echoed this, adding that Baxter GPS will be foundational to driving accountability and continuous improvement, aiming to enhance the 'Say-Do Ratio' throughout the year.
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