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 M&A Call Transcript

Dec 13, 2022 / 01:00PM GMT

Release Date Price: €53.12 (-2.19%)

Transcript

Operator

Good morning. My name is Devin, and I will be your conference operator today. At this time, I would like to welcome everyone to the Trimble to Acquire Transporeon Conference Call. (Operator Instructions) Thank you.

I now turn the call over to CEO, Rob Painter. You may now begin your conference.

Robert G. Painter

Trimble Inc. - CEO, President & Director

Thank you, everyone, for joining us today. I'm Rob Painter, CEO of Trimble. With me today are David Barnes, our CFO; and Stephan Sieber, CEO of Transporeon. Before I get started, I'll call your attention to our presentation, which is available on our website. I ask that you refer to the safe harbor language on Slide 2, and I'll begin my commentary on Slide 3.

The transportation industry represents 1 of the largest opportunities available to Trimble. It's a market that is large, global, underserved and underpenetrated and it is undergoing a secular adoption of technology to improve productivity and sustainability. Yesterday, we announced that we have entered into an agreement to acquire

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