Vishay Precision Group Inc Annual Shareholders Meeting Transcript

May 26, 2022 / 01:00PM GMT
Operator

Good morning, and welcome to the Vishay Precision Group, Inc. annual meeting of shareholders. Now I'd like to call -- turn over to Mr. Marc Zandman. Please go ahead.

Marc Zandman - Vishay Precision Group, Inc. - Executive Chair of the Board & Chief Business Development Officer

Got a few introductory remarks. VPG performed well in 2021, demonstrating the strength and resilience of our business model as the world faced a number of challenges stemming from the global pandemic. That performance resulted in growth during 2021 in our sales, earnings per share, and cash flow. And further, over the past five years, we have grown our revenues by 7% on a compound annual basis, which compares favorably against many industrial technology companies.

So on behalf of our entire Board of Directors and the VPG executive team, I want to take this opportunity to thank all our employees globally whose diligent work makes VPG the trusted supplier it is to customers around the world.

In addition to our solid financial performance, we continued to deploy our

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