ET and notifying the operator that you areĭialing in for Vontier’s earnings conference call (Conference ID: 2403495 Passcode: 76188). The conference call can be accessed by dialing 80 within the U.S. “Investors” section of Vontier’s website, under “Events & Presentations.” A replay of the webcast will be available at the same location shortly after the conclusion of the The call and an accompanying slide presentation will be webcast on the Vontier will discuss results and outlook during its quarterly investor conference call today starting at 8:00 a.m. Operating profit decline (~$150M), consistent with the framework previously provided. Dispenser revenue (~$300M) and the associated *References to baseline core revenue growth and baseline margin expansion exclude the impact of the year over year decline in EMV-related U.S.
Total revenue down low-to-mid-single digits Core revenue down low-to-mid-single digits Baseline* core revenue growth of +LSD.Adjusted free cash flow conversion of ~90-100%.Adjusted diluted EPS in the range of $2.73 to $2.83.Adjusted operating profit margin down 60 to 80 basis points Baseline* adjusted operating profit margin expansion of 180 to 200 basis points.Total revenue down low-to-mid-single digits Core revenue down mid-single digits Baseline* core revenue growth of +MSD.
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The depth and breadth of our portfolio, marked byīest-in-class digitally enabled hardware and software solutions, combined with unmatched domain expertise, enable us to deliver high value outcomes for our customers as we connect, manage and scale Vontier is uniquely positioned to capitalize on strong secular trends in the coming decade. “We enter 2023Įager to execute the next phase of our journey. Our outlook is built upon solid demand for planned site additions, expansions and upgrades,” Morelli continued. “With the EMV cycle now behind us weĪre transitioning to a new normal in the U.S. “Our team delivered a strong finish to 2022, with low-double-digit core sales and order growth in Q4,” said Mark Morelli, President and Chief Executive Officer. Revenue increased 6.5% year-over-year to $3.2 billion, reflecting an increase in core revenue of 2.6%. Diluted net earnings per share were $2.49 and adjusted diluted net earnings per share were
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For the full year 2022, net earnings were $401.3 million and adjusted net earnings were $496.1 million.
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