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Dover(DOV) - 2023 Q3 - Earnings Call Transcript
2023-10-24 18:28
Andrey Galiuk - Vice President, Corporate Development and Investor Relations Jeffrey Sprague - Vertical Research Partners, LLC Joseph Ritchie - Goldman Sachs Group, Inc. Operator Andrey Galiuk Okay. Thanks, Andrey. We posted very encouraging results [and let us] become a dynamic operating environment across our different end markets and geographies. Our recent portfolio moves, the acquisition of FW Murphy and the sale of De-Sta-Co followed the portfolio intent and priorities that we reiterated at our Invest ...
Dover(DOV) - 2023 Q3 - Earnings Call Presentation
2023-10-24 13:55
October 24, 2023 – 9:00am CT – Stoppages in auto curtailing demand on components in vehicle service and industrial automation, and chassis availability in waste handling – Elevated transaction and integration costs due to recent portfolio moves and ongoing pipeline activity Book-to-bill(2): 0.93, reflecting better lead times and strong shipments against longer-dated orders All-in ▪ Backlog(2): -16% Y-o-Y; +91% vs. 2019 ▪ Adjusted(1) Q3 Y-o-Y change: +2% (1) Non-GAAP measures (definitions and/or reconciliati ...
Dover(DOV) - 2023 Q3 - Quarterly Report
2023-10-23 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-4018 (Exact name of registrant as specified in its charter) Delaware 53-0257888 (State or other jurisdiction of incorporation ...
Dover(DOV) - 2023 Q2 - Earnings Call Presentation
2023-07-25 18:29
July 25, 2023 – 9:00am CT In addition to financial measures based on U.S. GAAP, Dover provides supplemental non-GAAP financial information. Management uses non-GAAP measures in addition to GAAP measures to understand and compare operating results across periods, make resource allocation decisions, and for forecasting and other purposes. Management believes these non-GAAP measures reflect results in a manner that enables, in many instances, more meaningful analysis of trends and facilitates comparison of res ...
Dover(DOV) - 2023 Q2 - Earnings Call Transcript
2023-07-25 18:28
We expect continued margin improvement in 2023 on volume conversion, productivity gains and improved mix. Our margin performance in refrigeration has been very encouraging even before the material accretive impact of North American CO2 volume. Let's go to Slide 10. Here is the confidence we have in the underlying components that drive our forecasted double-digit EPS growth in the second half. We have been vocal about the negative impact of interest costs on channel inventories and have been encouraged that ...
Dover(DOV) - 2023 Q2 - Quarterly Report
2023-07-24 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-4018 (Exact name of registrant as specified in its charter) Delaware 53-0257888 (State or other jurisdiction of incorporation or o ...
Dover(DOV) - 2023 Q1 - Earnings Call Transcript
2023-04-26 16:23
Brad Cerepak On the bottom chart, bookings were down year-over-year due to foreign currency translation, normalization of lead times across several businesses and a $90 million order de-booking related to a major retail refrigeration customer's decision to temporarily pause its new store expansion program. Now let's move to cash flow on Slide 7. I'll turn it back to Rich. First, our lead times have largely normalized across the portfolio. We highlighted in the chart our good backlog levels are primarily dri ...
Dover(DOV) - 2023 Q1 - Quarterly Report
2023-04-25 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-4018 (Exact name of registrant as specified in its charter) Delaware 53-0257888 (State or other jurisdiction of incorporation or ...
Dover(DOV) - 2022 Q4 - Annual Report
2023-02-09 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For fiscal year ended December 31, 2022 Commission File Number: 1-4018 Dover Corporation (Exact name of registrant as specified in its charter) Delaware 53-0257888 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 3005 Highland Parkway Downers Grove, Illinois 60515 (Address of principal executi ...
Dover(DOV) - 2022 Q4 - Earnings Call Transcript
2023-01-31 17:40
Dover Corporation. (NYSE:DOV) Q4 2022 Earnings Conference Call January 31, 2023 9:00 AM ET Jack Dickens - Senior Director of Investor Relations Richard Tobin - President & Chief Executive Officer Brad Cerepak - Senior Vice President & Chief Financial Officer Company Participants [Operator Instructions] We'll take our first question from Andrew Obin from Bank of America. Operator Jeff Sprague As that accordion effect is beginning to unwind. Yes, the backlog is there, but they're saying, what, here's the timi ...