Trimble Inc (FRA:TB5)
€ 56.8 0.22 (0.39%) Market Cap: 13.92 Bil Enterprise Value: 14.81 Bil PE Ratio: 10.08 PB Ratio: 2.67 GF Score: 85/100

Trimble Inc at Raymond James Institutional Investors Conference Transcript

Mar 05, 2019 / 02:50PM GMT
Release Date Price: €35.07 (-1.04%)
Brian A. Gesuale
Raymond James & Associates, Inc., Research Division - Senior VP & Research Analyst

Yes, good morning, everybody. We're going to get started here today. Very, very -- I'm Brian Gesuale, senior analyst, covering the industrial technology and defense electronic space for Raymond James. I think I know most of you out there, but we're delighted to have Trimble here to present. The company's Chief Financial Officer, Rob Painter is going to take us through the story. Rob has been in an operational role and a financial role at the company for several years now and really is a good steward in the story. This is a story we like, as it's one of those models that's in transition from being what was a specialty hardware company, maybe a decade ago, to a recurring software business. And as those changes occur, the recurring nature of the business, the profitability and the visibility that we have in the business continues to unfold. And they are attacking markets that are generally less technology savvy. So they're really digitizing many industries they really could benefit from that. So with

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