Teledyne to Participate in Upcoming Investor Conferences
December 03 2024 - 8:00AM
Business Wire
Teledyne Technologies Incorporated (NYSE:TDY) today announced
that Jason VanWees, Vice Chairman, will participate in the
following investor conferences:
Goldman Sachs Industrials and Materials
Conference New York City, New York Wednesday, December 4, 2024
UBS Global Industrials and Transportation
Conference Palm Beach, Florida Thursday, December 5, 2024
Teledyne’s latest investor presentation is publicly available on
the Company’s website at
www.teledyne.com/investors/events-and-presentations.
Teledyne Technologies is a leading provider of sophisticated
digital imaging products and software, instrumentation, aerospace
and defense electronics, and engineered systems. Teledyne’s
operations are primarily located in the United States, Canada, the
United Kingdom, and Western and Northern Europe. For more
information, visit Teledyne’s website at www.teledyne.com.
Cautionary Statement Regarding Forward Looking
Statements
Teledyne’s investor presentation contains forward-looking
statements, as defined in the Private Securities Litigation Reform
Act of 1995, with respect to management’s beliefs about the
financial condition, results of operations and businesses of
Teledyne in the future. Forward-looking statements involve risks
and uncertainties, are based on the current expectations of the
management of Teledyne and are subject to uncertainty and changes
in circumstances. The forward-looking statements contained herein
may include statements relating to stock option compensation
expense, and about the continuing expected effects on Teledyne of
the acquisition of FLIR and synergies related to the transaction,
anticipated capital expenditures and product developments, and
other strategic options. Forward-looking statements generally are
accompanied by words such as “projects”, “intends”, “expects”,
“anticipates”, “targets”, “estimates”, “will” and words of similar
import that convey the uncertainty of future events or outcomes.
All statements made in this communication that are not historical
in nature should be considered forward-looking. By its nature,
forward-looking information is not a guarantee of future
performance or results and involves risks and uncertainties because
it relates to events and depends on circumstances that will occur
in the future.
Actual results could differ materially from these
forward-looking statements. Many factors could change anticipated
results, including: changes in relevant tax and other laws; foreign
currency exchange risks; rising interest rates; risks associated
with indebtedness, as well as our ability to reduce indebtedness
and the timing thereof; the impact of semiconductor and other
supply chain shortages; higher inflation, including wage
competition and higher shipping costs; labor shortages and
competition for skilled personnel; the inability to develop and
market new competitive products; inherent uncertainties involved in
the estimates and judgments used in the preparation of financial
statements and the providing of estimates of financial measures, in
accordance with U.S. GAAP and related standards; disruptions in the
global economy; the ongoing conflict in Israel and neighboring
regions, including related protests, attacks on defense contractors
and suppliers and the disruption to global shipping routes; the
ongoing conflict between Russia and Ukraine, including the impact
to energy prices and availability, especially in Europe; customer
and supplier bankruptcies; changes in demand for products sold to
the defense electronics, instrumentation, digital imaging, energy
exploration and production, commercial aviation, semiconductor and
communications markets; funding, continuation and award of
government programs; cuts to defense spending resulting from
existing and future deficit reduction measures or changes to U.S.
and foreign government spending and budget priorities triggered by
inflation, rising interest costs, and economic conditions; impacts
from the United Kingdom’s exit from the European Union;
uncertainties related to the 2024 U.S. Presidential election; the
imposition and expansion of, and responses to, trade sanctions and
tariffs; the continuing review and resolution of FLIR’s trade
compliance and tax matters; escalating economic and diplomatic
tension between China and the United States; threats to the
security of our confidential and proprietary information, including
cybersecurity threats; risks related to artificial intelligence;
natural and man-made disasters, including those related to or
intensified by climate change; and our ability to achieve emission
reduction targets and decrease our carbon footprint. Lower oil and
natural gas prices, as well as instability in the Middle East or
other oil producing regions, and new regulations or restrictions
relating to energy production, including those implemented in
response to climate change, could further negatively affect our
businesses that supply the oil and gas industry. Weakness in the
commercial aerospace industry negatively affects the markets of our
commercial aviation businesses. The recent machinist strike at
Boeing as well as the ongoing issues with Boeing’s 737 MAX product
line could result in manufacturing delays and lower sales of our
products to Boeing. In addition, financial market fluctuations
affect the value of the company’s pension assets. Changes in the
policies of U.S. and foreign governments, including economic
sanctions, could result, over time, in reductions or realignment in
defense or other government spending and further changes in
programs in which the company participates.
While our growth strategy includes possible acquisitions, we
cannot provide any assurance as to when, if or on what terms any
acquisitions will be made. Acquisitions involve various inherent
risks, such as, among others, our ability to integrate acquired
businesses, retain key management and customers and achieve
identified financial and operating synergies. There are additional
risks associated with acquiring, owning and operating businesses
internationally, including those arising from U.S. and foreign
government policy changes or actions and exchange rate
fluctuations.
Additional factors that could cause results to differ materially
from those described above can be found in Teledyne’s Annual Report
on Form 10-K for the year ended December 31, 2023, subsequent
Quarterly Report on Form 10-Q, and in other documents, all of which
are on file with the SEC and available in the “Investors” section
of Teledyne’s website, teledyne.com, under the heading “Investor
Information.”
All forward-looking statements speak only as of the date they
are made and are based on information available at that time.
Teledyne does not assume any obligation to update forward-looking
statements to reflect circumstances or events that occur after the
date the forward-looking statements were made or to reflect the
occurrence of unanticipated events except as required by federal
securities laws. As forward-looking statements involve significant
risks and uncertainties, caution should be exercised against
placing undue reliance on such statements.
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Jason VanWees (805) 373-4542
Teledyne Technologies (NYSE:TDY)
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