Parker Hannifin Corp (XTER:PAR)

€ 651.8 58.8 (9.92%) Market Cap: 83.53 Bil Enterprise Value: 92.51 Bil PE Ratio: 32.04 PB Ratio: 7.08 GF Score: 75/100

Parker-Hannifin Corp to Acquire LORD Corporation - M&A Call Transcript

Apr 29, 2019 / 12:30PM GMT

Release Date Price: €60.27

Transcript 10-Q8-K

Operator

Good day, ladies and gentlemen, and welcome to Parker-Hannifin Corp. Conference Call Webcast to discuss the agreement to acquire LORD Corporation. (Operator Instructions) As a reminder, this conference may be recorded.

I would now like to turn this conference over to Cathy Suever, CFO. You may begin.

Catherine A. Suever

Parker-Hannifin Corporation - Executive VP of Finance & Administration and CFO

Thank you, Sonia. Good morning, and welcome to everyone on the call. We appreciate your participation today as we discuss this morning's announcement that we have reached an agreement to acquire LORD Corporation.

Joining me today are Chairman and Chief Executive Officer, Tom Williams; and President and Chief Operating Officer, Lee Banks.

Today's presentation slides together with the audio webcast replay will be accessible on the company's investor information website at phstock.com.

On Slide 2, you will find the company's safe harbor disclosure statement addressing forward-looking statements. I would also encourage you to

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