Dover Corp at Bank of America Global Industrials Conference Transcript

Mar 17, 2022 / 03:40PM GMT
Andrew Burris Obin - BofA Securities, Research Division - MD

Okay. Welcome to the afternoon session or the morning session, if you're in the U.S., I'm Andrew Obin, I'm Bank of America multi-industrial analyst. We are in day 3 of our Global Industrial Conference, day 1 and day 2 were in person, day 3 is virtual. I am still in London, but joining us we have Rich Tobin, President and CEO of Dover.

And we also have Andrey Galiuk, Vice President, Corporate Development and Investor Relations. It's always a pleasure to have Rich at these events. Thank you so much. So I think the idea is like we're going to go into a fireside chat and let's see what Rich tells us.

Questions and Answers:

Andrew Burris Obin - BofA Securities, Research Division - MD

So I guess the first question I have for Rich is on inflation and pricing. How long lasting do you think higher levels of pricing will be for U.S. multi-industrials? When supply chains -- even when supply chain is clear up, do we go back to 1% to 2% pricing like over the last decade? Or are we in a higher range
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