Teledyne Technologies Inc (NYSE:TDY)
$ 407.55 1.12 (0.28%) Market Cap: 19.33 Bil Enterprise Value: 21.61 Bil PE Ratio: 22.04 PB Ratio: 2.07 GF Score: 93/100

Teledyne Technologies Inc at Robert W Baird Global Industrial Conference Transcript

Nov 06, 2019 / 08:30PM GMT
Release Date Price: $339.43 (+0.71%)
Richard Charles Eastman
Robert W. Baird & Co. Incorporated, Research Division - Senior Research Analyst

Good afternoon and welcome to the presentation for Teledyne this afternoon. I'm Rick Eastman, Senior Analyst and Managing Director here at Baird, heading up the advanced industrial equipment sector. And many of you have probably talked to Rob Mason, my wingman and Senior Associate here that works with me in the space.

So with that, I'm glad to and very happy to welcome Teledyne to the conference. They are a $3 billion-plus revenue provider of sophisticated industrial instrumentation and technologies that serves a diverse set of end markets ranging from automation, machine vision to medical to electronics to defense and aerospace. Some commonalities within the portfolio are highly engineered products, high reliability and ability to perform in harsh environments. The growth strategy balances both internal investment with a consistent redeployment of excess cash into strategic M&A.

So with that, I am very happy to introduce Al Pichelli, President and CEO of Teledyne.

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