share_log

Thermo Fisher Scientific Hosts 2024 Investor Day, Showcasing Industry-Leading Businesses, Proven Growth Strategy, And Strong Long-Term Financial Outlook

Benzinga ·  Sep 19 08:36

At today's event, Thermo Fisher Scientific highlighted:

  • Incredibly well-positioned industry leadership, with leading businesses that enable our customers' success
    • Our industry-leading businesses are benefited by total company scale and capabilities.
  • Attractive end markets that are fueled by enduring long-term trends
    • Thermo Fisher is the industry leader serving an attractive $235 billion market with long-term market growth of 4% to 6%.
  • Proven growth strategy drives share gain
    • High-impact innovation: enabling major scientific breakthroughs.
    • The trusted partner to our customers: enabling customer success with an excellent reputation and credibility built over a long period of time.
    • Unparalleled commercial engine: commercial advantage through deep engagement with customers wherever they are.
  • Practical Process Improvement Business System (PPI) enables outstanding execution
    • PPI is the core of Thermo Fisher's culture, with a focus on continuous improvement that drives quality, productivity and customer allegiance and engages every colleague to find a better way, every day.
    • PPI delivers competitive advantage and drives differentiated financial performance.
  • Delivering differentiated value creation for all our stakeholders
    • Industry leading businesses have a long-standing track record of value creation.
    • Disciplined approach to capital deployment, which consists of strategic M&A and returning capital to shareholders, enables us to better serve our customers and create tremendous value for our shareholders.
    • Mission-led comprehensive CSR strategy delivers competitive advantage through our innovations for a cleaner planet, investments in colleagues and communities and our focus on impact and accountability. More details can be found in the most recent CSR Report.
  • Outstanding track record of financial performance and an excellent long-term outlook
    • Thermo Fisher's proven growth strategy drives share gain, and its capital deployment approach creates tremendous value, positioning the company to deliver organic revenue growth of 7% to 9% and mid-teens adjusted EPS growth over the long term.
Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment