Vontier Corp (NYSE:VNT)
$ 33.27 -0.11 (-0.33%) Market Cap: 5.11 Bil Enterprise Value: 7.05 Bil PE Ratio: 12.85 PB Ratio: 5.03 GF Score: 78/100
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Vontier Corp at Robert W Baird Global Industrial Conference (Virtual) Transcript

Nov 11, 2020 / 04:25PM GMT
Release Date Price: $29.01 (+2.65%)
Richard Charles Eastman
Robert W. Baird & Co. Incorporated, Research Division - Senior Research Analyst

Good morning, and welcome to -- certainly, welcome to the second day of Baird's 50th Annual Industrial Conference. We're very pleased to have this session with Vontier Corporation. Again, I'm Rick Eastman, Managing Director and Senior Equity Analyst here at Baird. And with my wingman, Rob Mason, I do head up the advanced industrial equipment sector here for Baird.

So let me introduce Vontier very briefly. Vontier is a global industrial technology company focused on smart transportation and mobility. Their portfolio of 5 operating companies offer innovative solutions to advanced safety, security, efficiency and environmental compliance worldwide. Vontier was 80% spun out from Fortive on October 9 of this year and carries with it a proven business system, an experienced leadership team and a culture of continuous improvement from both Fortive and prior to that from Danaher.

So with that, I'd like to introduce Mark Morelli, President and CEO; also Dave Naemura, SVP and Chief

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