Fortive Corporation (FTV) Presents at Wolfe Research 19th Annual Global Transportation & Industrials Conference Transcript

Nigel Coe
Wolfe Research, LLC

Little late here. So we’re going to launch into it starting back up with Fortive Corporation. And very pleased to welcome back Olumide Soroye, CEO of Fortive. Olumide, I think you were here three years ago, if I’m not mistaken, when you were President of iOS maybe two years ago. So very pleased you’re back with us. And also Mark Okerstrom, CFO of Fortive as well.

So Q&A, it is. Let’s launch into it. So maybe a good place to start would be, it’s now been almost a year since the separation of Ralliant. Maybe just talk about the first year of life as a public company, what’s been achieved, what’s still on the come?

Olumide Soroye
President, CEO & Director

Yes. Well, it’s great to see you. Thanks for having us. Obviously, a pleasure to be here. And — it’s — we’re really pleased with the progress we’ve made on the three pillars of our Fortive Accelerated strategy that we laid out almost a year ago now. And we — the first pillar that we set out was that we could deliver in this portfolio of new Fortive faster, profitable organic growth. And we just are quite pleased that over the last year, we’ve shown sequential acceleration in core growth every single quarter. And the set of growth initiatives in innovation, commercial and recurring customer value that we’ve deployed are still ramping, which really sets us up nicely for continued acceleration.

The second pillar we set out was this idea