Parker Hannifin Corp (NYSE:PH)

$ 689.77 -19.69 (-2.78%) Market Cap: 88.79 Bil Enterprise Value: 101.14 Bil PE Ratio: 31.15 PB Ratio: 6.89 GF Score: 83/100

Parker-Hannifin Corp to Acquire Meggitt PLC Call Transcript

Sep 28, 2022 / 03:00PM GMT

Release Date Price: $247.85 (+4.01%)

Transcript

Operator

Good day and thank you for standing by. Welcome to the Parker-Hannifin Conference Call and webcast to discuss the completed acquisition of Meggitt PLC. (Operator Instructions)

I'd now like to hand the conference over to your speaker for today, CFO, Todd Leombruno. You may begin.

Todd M. Leombruno

Parker-Hannifin Corporation - Executive VP & CFO

Thank you, Towanda. Good morning, everyone, and thanks for joining our webcast today. We are so excited to be able to update everyone on the closing of Parker's acquisition of Meggitt PLC. As Towanda said, this is Todd Leombruno, Chief Financial Officer speaking, and I'm joined today by Tom Williams, our Chairman and Chief Executive Officer.

Our discussion today will address forward projections for the Meggitt acquisition and the Parker Aircraft Wheel and Brake divestiture only. We will refer to non-GAAP financial measures. Slide 2 provides details to our disclosure statement in these areas. Actual results may differ from our projections due to uncertainties listed in these forward-looking

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