Snap-on Inc (FRA:SPU)
€ 350.2 +2.4 (+0.69%) Market Cap: 18.25 Bil Enterprise Value: 17.84 Bil PE Ratio: 20.75 PB Ratio: 3.49 GF Score: 91/100

Snap-On Inc at CL King & Associates Best Ideas Conference Transcript

Sep 19, 2019 / 06:45PM GMT
Release Date Price: €138.8 (-1.53%)
Scott Lewis Stember
CL King & Associates, Inc., Research Division - Senior VP & Senior Research Analyst

We have Snap-on. With us today is CFO, Aldo Pagliari. I'll be leading the fireside chat questions, and I'll just get started right away.

Questions & Answers

Scott Lewis Stember
CL King & Associates, Inc., Research Division - Senior VP & Senior Research Analyst

Just maybe we could just start off talking about traditionally, this company has been a mid-single-digit grower on the organic sales line. And that has moderated as of late for the last year or so. Do you still believe that this is a 4% to 6% grower and maybe to 6.1%?

Aldo J. Pagliari
Snap-on Incorporated - Senior VP of Finance & CFO

We do. These are tough questions. I'm going to sit down. It's already -- and again, this is small enough of a group, so feel free to interrupt at any point in time. Snap-on, the way we look at it, we think the market presents opportunities for the Tools Group to grow 4% in the type of environment

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