Resideo Technologies Inc (NYSE:REZI)
$ 19.63 0.18 (0.93%) Market Cap: 2.87 Bil Enterprise Value: 3.71 Bil PE Ratio: 14.76 PB Ratio: 1.04 GF Score: 82/100

Resideo Technologies Inc at Bank of America Leveraged Finance/Credit Conference Transcript

Nov 29, 2022 / 09:10PM GMT
Release Date Price: $15.84 (+0.70%)
Jason Willey;Vice President
Investor Relations,

Hello, everyone. I'm going to give a brief overview of Resideo Technologies. Forward-looking statements. So Resideo is -- operates in two product segments: a products business and a distribution business. The thing that really ties the two together is the fact that we serve the professional -- the contractor community. So you can see here, $5.8 billion of revenue last year, $560 million of operating profit and over $300 million of operating cash flow. As we go through the presentation, I'll get into a little more detail on the two separate businesses.

If you think about kind of what are the things that help differentiate Resideo out in the market, we really believe we have an unmatched presence within the home. Our products are present in over 150 million homes globally. We also are the leading distributor of low-voltage security products. So this means that we attach to a very high number of products out in the market. That relationship with the pro is extremely unique. Many of the professionals that we work with have been working

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