Lear Corp (NYSE:LEA)
$ 97.51 0.56 (0.58%) Market Cap: 5.30 Bil Enterprise Value: 7.30 Bil PE Ratio: 10.25 PB Ratio: 1.12 GF Score: 72/100

Lear Corp at JPMorgan Tech/Auto Forum at CES Transcript

Jan 07, 2020 / 07:50PM GMT
Release Date Price: $136.31 (+0.17%)
Ryan J. Brinkman
JP Morgan Chase & Co, Research Division - Senior Equity Research Analyst

I think we're about ready to get going now with our next presentation, if we could. I'm Ryan Brinkman, Automotive Equity Research Analyst at JP Morgan. Very happy to have with us Lear for the first time at this conference, and John Absmeier as well, their Chief Technology Officer, with a long history in the auto industry on the technology side.

Questions & Answers

Ryan J. Brinkman;John P. Absmeier
JP Morgan Chase & Co, Research Division - Senior Equity Research Analyst;Lear

I thought maybe, John, a good first place to start would be, if you could please revisit that you've made a number of technology acquisitions in recent years. You've done Xevo, you've done Arada Systems, you've done EXO, others. They've increased your leverage to technology and growth themes within the industry, particularly connectivity, which is an interesting area. Maybe you could just provide an overview of some of these recent acquisitions?

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