Teledyne Technologies Inc (FRA:TYZ)
€ 359.5 -0.7 (-0.19%) Market Cap: 16.94 Bil Enterprise Value: 19.09 Bil PE Ratio: 21.04 PB Ratio: 1.98 GF Score: 93/100
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Teledyne Technologies Inc at CL King & Associates Best Ideas Conference Transcript

Sep 19, 2019 / 07:30PM GMT
Release Date Price: €289.1 (+1.42%)
Jason VanWees
Teledyne Technologies Incorporated - EVP of Strategy, Margin Improvement Programs , Mergers & Acquisitions

Great. Thanks, George. Of course, before we get started, I remind our forward-looking statements in our earnings release, 10-Ks, 10-Qs and other SEC filings.

First, just a brief description of Teledyne from a highest-level point of view. So what we are is we provide high-tech products and systems that sense data, transmit data, but also more critically, in some businesses, we provide the algorithms, some of the software used to analyze that data and provide information to our customers.

I'll drill down a little bit more in our businesses, and I'll actually spend a fair amount of time on this slide here.

The -- we call ourselves a high-technology industrial company and what do we mean by that? In terms of high technology, first thing is people would use the term highly engineered products. We don't want to be in commoditized businesses. We inherited some in our spinoff when I joined a little more than 20 years ago, those businesses have been sold or

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