Fortrea Holdings Inc (FRA:K67)
€ 15.3 +0.70 (+4.79%) Market Cap: 1.45 Bil Enterprise Value: 2.30 Bil PE Ratio: 0 PB Ratio: 3.21 GF Score: 64/100

Fortrea Holdings Inc at Citi Global Healthcare Conference Transcript

Dec 02, 2025 / 06:00PM GMT
Release Date Price: €10.3 (-1.90%)
Patrick Donnelly
Citi Infrastructure Investments LLC - Analyst

Hi, we can look to get started. Thank you for joining us. I'm Patrick Donnelly, the tools diagnostics CRO analyst here at Citi. Happen to have Anshul and Jill with us from Fortrea. And we can just dive in Anshul, I guess, to start, 3Q obviously saw a nice bounce back on the book to Bill's side. I think it was 1.13 times. Can you just discuss what you saw from 2Q to 3Q sequentially on the customer sentiment?

Questions & Answers

Patrick Donnelly
Citi Infrastructure Investments LLC - Analyst

Biotech large pharma would be great to just dive into the, to the backdrop and what drove the, nice step up for you guys.

Anshul Thakral
Fortrea Holdings Inc - President, Chief Executive Officer, Director

Yeah, sure, happy to, well, first of all, Patrick, thanks for having us here, and I think, thanks for picking a nice warm location. It's awfully cold in New York, so happy to be here. Look, I think the first thing you have to start off with is what we

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