Teledyne Technologies Inc at Jefferies Industrials Conference Transcript

Aug 10, 2022 / 02:30PM GMT
Gregory Arnold Konrad - Jefferies LLC, Research Division - Equity Analyst

Good morning. I'm Greg Konrad. I'm part of the equity research team at Jefferies. Welcome to the Jefferies 2022 Industrials Conference. I'm very excited to have Jason VanWees, Vice Chairman of Teledyne, with us today. Thank you, Jason.

We'll have a fireside chat and maybe a little bit of time for questions at the end.

Questions and Answers:

Gregory Arnold Konrad - Jefferies LLC, Research Division - Equity Analyst

But Jason, maybe just to start, you're coming off a solid quarter, 8% organic growth. 6% or a little bit over 6% organic growth rate expected for the year. You did, however, temper expectations for the back half moderately. Can you maybe talk about some of those risks around inflation, FX and the supply chain?

Jason VanWees - Teledyne Technologies Incorporated - Vice Chairman

Yes, sure. So just thank you, too, first. So organic growth was 8.2%. And historically, we never really even talked about currency because with 50%
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