Lear Corp at Wolfe Research Global Auto, Auto Tech, and Mobility Conference Transcript
Okay. We're going to kick off our next presentation today, and our next fireside chat is with management of Lear.
Lear's business is essentially 2 divisions. 76% of the company's sales comes from vehicle seating and 24% comes from E-Systems. The company's Seating franchise is irrefutably strong. We've seen relatively good profitability, and the business appears to be delivering very strong free cash flow, despite a tremendous amount of volatility that's been existing in the auto industry.
Next, you have the E-Systems business, which includes a variety of components that make up the data and electrical network for a car. That consists of wire harnesses, terminals and connectors, electronics and software. And this should be a particularly interesting space over the next few years given the advancement of sensors and connectivity and upgradability that we now see coming into vehicles.
All of -- in all these chats, I've been putting up on the screen a little bit about what we believe investors hope to hear. And
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
