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Becton Dickinson (BDX) lifts Q4 profit as $2.9bn cash flow tests post-Waters growth strategy

Becton, Dickinson and Company reported stronger fourth-quarter earnings and substantial free cash flow following the separation of its former Life Sciences operations. The company is increasing shareholder returns and investing in US medical manufacturing, but its low-single-digit revenue growth outlook for 2027 raises questions about the pace of expansion under its streamlined business structure.