Vontier Corp (NYSE:VNT)
$ 40.35 0.3 (0.75%) Market Cap: 6.06 Bil Enterprise Value: 7.98 Bil PE Ratio: 15.46 PB Ratio: 5.88 GF Score: 69/100

Vontier Corp at Citi Global Industrial Tech and Mobility Conference Transcript

Feb 22, 2023 / 01:50PM GMT
Release Date Price: $25.68 (+0.63%)
Andrew Alec Kaplowitz
Citigroup Inc., Research Division - MD and U.S. Industrial Sector Head

All right. We're going to get started again. We appreciate everyone's time. We have Vontier Corporation with us. We're very excited to have Vontier. With us, we have Mark Morelli, who is the President and CEO; and Anshooman Aga, who is the SVP and CFO. Anshooman just became CFO, and Mark became CEO in January of 2020.

So Mark, I'm going to turn it over to you. I know you want to have a couple of prepared remarks, and then we'll go into Q&A. Thank you.

Mark D. Morelli
Vontier Corporation - President, CEO & Director

Yes. Thank you, Andy. We appreciate you having us. We're excited to be here. Looking at our Q4 results, and we had good momentum also into 2023. So we've executed really well on our top line with ex-EMV organic growth of 11%, and we also had good traction on our bookings with high teens bookings. So it gives us some momentum coming into 2023.

Also encouragingly, we had better free cash flow in Q4, and we're guiding towards a 90%

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