The Coca-Cola Company (NYSE:KO) UBS Global Consumer and Retail Conference March 14, 2024 8:00 AM ET Company Participants Jennifer Mann - Executive Vice President and President, North America Operating Unit Conference Call Participants Peter Yongvanich - UBS Peter Grom - UBS Peter Yongvanich Thanks for joining us today. My name is Peter Yongvanich. I co-head distribution for global markets at UBS in the Americas. I can't be more pleased to be here to welcome you to day two of the Global Consumer Retail Confe ...

Bristol-Myers Squibb Company (NYSE:BMY) Barclays 26th Annual Global Healthcare Conference March 14, 2024 8:30 AM ET Company Participants Lynelle Hoch - President of Cell Therapy Wendy Short Bartie - Senior Vice President, U.S. Hematology and Oncology Conference Call Participants Carter Gould - Barclays Carter Gould All right. Good morning. Welcome to the Day Three of the Barclays Global Healthcare Conference. I am pleased to welcome Bristol-Myers Squibb to the stage. My name is Carter Gould. I cover U.S. bi ...

Summary of Emerson Electric Co. Conference Call Company Overview - **Company**: Emerson Electric Co. (NYSE: EMR) - **Date**: March 13, 2024 - **Participants**: - Ram Krishnan - Chief Operating Officer - Mike Baughman - Chief Financial Officer - Colleen Mettler - Investor Relations Key Points Business Performance - **Order Growth**: Exited Q1 with 4% underlying orders, expecting low-single digits in the first half, and mid-single digits by year-end [3][4] - **Sales Growth**: Achieved 10% sales growth in Q1, with a backlog of approximately $7.6 billion [3][4] - **Project Funnel**: Healthy project funnel at $10.4 billion, yielding $400 million to $500 million quarterly [4][23] Market Trends - **Sector Strengths**: Strong performance in process hybrid and measurement solutions, with a 28% sales growth in Measurement Solutions [7][8] - **Geographic Performance**: - Middle East and India: $1.5 billion, double-digit growth - China: $1.9 billion, 9% growth in Q1, expecting mid-single digit growth [11][8] - Western Europe: 10% sales growth in Q1 [8] Discrete Business Insights - **Recovery Expectations**: Modest sequential recovery anticipated in the discrete automation business, primarily driven by automotive and semiconductor sectors [12][14] - **German Machine Builders**: Positive outlook from German machine builders, with marginally better orders in Q2 compared to Q1 [20][21] LNG and Utility Sector - **LNG Business**: 17% of the project funnel is related to LNG, with an annual business of $300 million to $400 million [26][27] - **Utility Sector**: Ovation control systems account for 50% of power generation in the US, with low-single digit growth expected [29][30] NI Business Overview - **Revenue Guidance**: Expected revenues of $1.5 billion to $1.6 billion for the year, with low-single digit decline anticipated [36] - **Market Diversification**: NI's business is diversified across various sectors, including life sciences, semiconductors, and aerospace [33] Cost and Pricing Strategy - **Pricing Strategy**: Anticipating a 2% price increase, with favorable net material inflation [50][55] - **Synergy Goals**: Targeting $185 million in synergies by year three, maintaining 31% adjusted EBITDA margins by year five [44][47] Macro Environment and Future Outlook - **Political Impact**: Neutral to slightly positive outlook regardless of the US election outcome, with ongoing benefits from the Infrastructure Act and CHIPS Act [72][73] - **AI Integration**: Exploring AI use cases to enhance productivity across various departments, including engineering and supply chain [75][76] Additional Insights - **Backlog Management**: Expecting to liquidate about $200 million of backlog as the year progresses, maintaining high levels through Q3 [24] - **Investment in Software**: Focus on integrating software capabilities to enhance automation and operational efficiency [67][68] This summary encapsulates the key insights and data points from the conference call, providing a comprehensive overview of Emerson Electric Co.'s current business status, market dynamics, and future outlook.

Autodesk, Inc. (NASDAQ:ADSK) J.P. Morgan 2024 Industrials Conference Call March 13, 2024 1:30 PM ET Company Participants Jeff Kinder - Executive Vice President, Product Development & Manufacturing Solutions Simon Mays-Smith - Investor Relations Conference Call Participants Charles Tusa - JPMorgan Charles Tusa I am going to get this out of the way, because they have asked me to say the Safe Harbor. So I am going to read the Safe Harbor, because they wanted me to. We, referring to Autodesk, may make forward-l ...

Editas Medicine, Inc. (NASDAQ:EDIT) Barclays 26th Annual Global Healthcare Conference March 13, 2024 2:05 PM ET Company Participants Gilmore O'Neil - Chief Executive Officer Erick Lucera - Chief Financial Officer Conference Call Participants Gena Wang - Barclays Gena Wang Good afternoon, everyone, and welcome to Barclays Global Healthcare Conference. My name is Gena Wang. I cover the US mid-cap biotech. It is my great pleasure to introduce our next presenting company, Editas Medicine. With us today we have ...

Affirm Holdings, Inc. (NASDAQ:AFRM) Wolfe Research FinTech Forum March 13, 2024 3:55 PM ET Company Participants Robert O’Hare - Senior Vice President of Finance Conference Call Participants Unidentified Company Representative [Call starts abruptly] yet, but we've been doing some work on it. We have a lot of investors that ask us about it. So, obviously of high interest. And you could see in the move in the stock, lot of focus and a lot of following by our investor and our client base as well. So, with that ...

PayPal Holdings, Inc. (NASDAQ:PYPL) Wolfe Research FinTech Forum March 13, 2024 10:20 AM ET Company Participants Jamie Miller - CFO Conference Call Participants Darrin Peller - Wolfe Research Darrin Peller Guys, thank you very much. All right. Good morning again everybody, for those of you, who I don't know. I'm Darrin Peller, I head up FinTech Research at Wolfe Research. Really happy to have Jamie with us today, from PayPal, who's the CFO of the company. And I think this is your first Investor Conference i ...

Lockheed Martin Corporation (NYSE:LMT) J.P. Morgan 2024 Industrials Conference Call March 13, 2024 10:15 AM ET Company Participants Jay Malave - Chief Financial Officer Conference Call Participants Seth Seifman - J.P. Morgan Seth Seifman Good morning, everyone. Welcome back to the aerospace defense track at the 2024 JPMorgan Industrials Conference. I'm Seth Seifman, the U.S. Aerospace Defense equity analyst. We are very grateful now and been very happy to have Lockheed Martin with us now. We have Jay Malave ...

Gilead Sciences, Inc. (NASDAQ:GILD) Barclays 26th Annual Global Healthcare Conference March 13, 2024 11:15 AM ET Company Participants Andy Dickinson - CFO Conference Call Participants Carter Gould - Barclays Carter Gould Good afternoon. Welcome to Day 2 of the Barclays Global Healthcare Conference. My name is Carter Gould, covering U.S. biopharma. I am pleased to welcome Gilead Sciences to the stage. Joining us from the company, Andy Dickinson, CFO. Andy, you’re going to make some opening comments, and the ...

Colgate-Palmolive Company (NYSE:CL) UBS Global Consumer and Retail Conference March 13, 2024 12:00 PM ET Company Participants John Hazlin - President, Hill’s Pet Nutrition Stan Sutula - Chief Financial Officer Conference Call Participants Peter Grom - UBS Peter Grom Hi, everyone. Good afternoon. Welcome to the UBS Global Consumer Retail Conference here in New York City. My name is Peter Grom, I'm the U.S. Beverages and Household Products analyst here at UBS. And we are very excited to have joining us today ...