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Vontier(VNT) - 2020 Q4 - Earnings Call Transcript
2021-02-12 21:10
Vontier Corporation (NYSE:VNT) Q4 2020 Earnings Conference Call February 11, 2021 8:00 AM ET Company Participants Lisa Curran - Vice President, Investor Relations Mark Morelli - President and Chief Executive Officer David Naemura - Senior Vice President and Chief Financial Officer Conference Call Participants Brian Lau - Wolfe Research Andrew Kaplowitz - Citigroup Julian Mitchell - Barclays Jeffrey Sprague - Vertical Research John Walsh - Credit Suisse David Raso - Evercore ISI John Inch - Gordon Hask ...
Vontier(VNT) - 2020 Q4 - Earnings Call Presentation
2021-02-11 18:49
Q4 2020 Financial Performance - Revenue increased to $815 million, a 9.6% total growth, with core revenue growth of 8.5%[14, 17] - Adjusted EPS reached $0.87, a 21% increase[11, 14] - Adjusted Core Operating Margin Expansion (OMX) increased by 240 bps[11, 15] Free Cash Flow - Adjusted Free Cash Flow (FCF) was $207 million, a 7% increase, with an Adjusted FCF conversion of 141%[11, 18, 19] - Full Year 2020 Adjusted FCF reached $616 million, a 46% increase, with a conversion rate of 147%[20, 21] Performance by Platform - Mobility Technologies revenue grew by 9.2%, with core revenue growth of 8.3%[24, 77, 78] - Diagnostics & Repair Technologies revenue increased by 11.3%, with core revenue growth of 9.2%[24, 77, 78] 2021 Outlook - Anticipated core revenue growth for FY21 is between -1% and +1%[26] - Expected Adjusted EPS for FY21 is between $2.35 and $2.45[26] - Anticipated Adjusted FCF conversion for FY21 is approximately 95%[26]