Latest news with #Ralliant
Yahoo
an hour ago
- Business
- Yahoo
Fortive price target raised to $79 from $78 at RBC Capital
RBC Capital raised the firm's price target on Fortive (FTV) to $79 from $78 and keeps a Sector Perform rating on the shares ahead of its Investor Day presentation discussion the Ralliant spin. For New-Fortive, the firm expects a portfolio review across workflow management software and healthcare businesses, spotlighting its high earnings visibility with above-50% recurring revenues, the analyst tells investors in a research note. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today's best-performing stocks on TipRanks >> Read More on FTV: Disclaimer & DisclosureReport an Issue Fortive Shareholders Approve Key Proposals at Annual Meeting Early notable gainers among liquid option names on June 3rd Fortive price target raised to $86 from $84 at Barclays Fortive announces replenishment of buyback authorization to 20M shares Fortive's Ralliant Secures Major Credit Agreement
Business Wire
3 hours ago
- Business
- Business Wire
Ralliant to Share Vision for the Future as Standalone Precision Technologies Leader
RALEIGH, N.C.--(BUSINESS WIRE)--As previously disclosed, Ralliant Corporation ("Ralliant" or the 'Company') is hosting its 2025 Investor Day today where members of the Company's newly formed leadership team will discuss its growth strategy and financial priorities as a standalone public company following the pending separation from Fortive Corporation ('Fortive') (NYSE: FTV) on June 28, 2025. Tami Newcombe, President and Chief Executive Officer of Ralliant, stated: 'Over the last five years, our Precision Technologies business has evolved as a global leader of mission critical technologies with increased focus on innovation and a sharpened growth strategy. As we prepare for our journey as a standalone public company, we believe we are well-positioned with the operational and financial profile to capitalize on long-term secular trends, strengthen our leadership position in an electrified world, and generate consistent free cash flow. The energized leadership team is fueling our high-performance culture connected by the Ralliant Business System, and we are prepared to continue executing on our value proposition to the benefit of our shareholders, customers, and employees.' Ralliant: Precision Technologies Leader With a Long Runway for Success as a Standalone Public Company As a standalone public company, we believe Ralliant will be well-positioned to build on its foundation as a precision technologies leader and execute clear financial priorities to create long-term shareholder value: Leverage Ralliant Business System to continue the operating discipline across our portfolio to drive scale, efficiency, and profitability. Driving efficiency in SG&A, R&D, and Operations by continuing customer-centric innovation and platform approach and optimizing manufacturing capability, supply chain resilience, and improving working capital. Building on stronghold position as a trusted global technology leader with enduring brands, and expanding our portfolio aligned to secular growth drivers in an approximately $16 billion serviceable addressable market. With key product launches on the horizon, Ralliant expects to leverage its proven track record of innovation and its extensive installed base, deep customer relationships, and loyal channel partners on a global scale to deliver enhanced value to customers. Leveraging a high margin profile and durable cash flow generation to execute a more targeted capital allocation strategy. Ralliant has clear levers in place to maintain a strong margin profile and leverage the strength of its balance sheet with a disciplined focus on returning capital to shareholders, reinvesting in the business, and executing strategic tuck-in acquisitions. Expecting to extend strong track record of strong financial performance with clear financial priorities to achieve long-term shareholder value creation. Going forward, through the cycle Ralliant expects to grow annual Revenue by 3-5%, grow Adjusted EBITDA faster than Revenue, and maintain over 95% Free Cash Flow conversion, leading to over $1 billion of cumulative Free Cash Flow through 2028. A strong balance sheet and disciplined capital allocation approach is expected to support the Company's focus on returning capital to shareholders and investing in high-growth vectors. James Lico, Fortive President and Chief Executive Officer, stated, "As Ralliant launches as an independent company, it is uniquely positioned to lead with purpose and innovation, leveraging a strong culture of continuous improvement through the Fortive Business System. Today's investor day will showcase a bold strategic vision with focused growth vectors aligned to favorable secular trends. With Tami's exceptional leadership and a talented, mission-driven team, I am confident Ralliant will thrive and deliver lasting value in the years to come." 2025 Investor Day Presenters The Investor Day will feature presentations from the following members of Ralliant's leadership team: Tami Newcombe, Chief Executive Officer Neill Reynolds, Chief Financial Officer Chris Bohn, President, Tektronix Andrew McCauley, President, Sensor Systems Corey Christmann, President, PacSci EMC Nathan McCurren, Vice President, Investor Relations Webcast and Supplemental Material A live webcast of Ralliant's Investor Day will begin at 10:00 a.m. ET and conclude at approximately 12:30 p.m. ET today. The webcast and accompanying slide presentation will be available on the 'Investors' section of Ralliant's Investor Relations website, under 'IR Calendar'. A replay of the webcast will be available at the same location shortly after the conclusion of the presentation and will remain accessible through June 10, 2026. About Ralliant Ralliant is a global provider of precision technologies that specializes in designing, developing, manufacturing and servicing precision instruments and highly engineered products. Ralliant's strategic segments — Test and Measurement and Sensors and Safety Systems - include well-known brands with leading positions in their markets. The Company's businesses empower engineers with precision technologies essential for breakthrough innovation that brings advanced technologies to the market faster and more efficiently. With over 150 years of operating experience and enduring customer trust, we are known for delivering innovative, high-quality products with the precision that mission-critical systems demand. Ralliant is headquartered in Raleigh, North Carolina and employs a team of over 7,000 research and development, manufacturing, sales, distribution, service and administrative employees. The Company's global footprint enables a unique 'engineer to engineer' approach, which allows it to build enduring trust, credibility, and partnerships with customers across both Fortune 1000 companies and next generation start-up enterprises. With a culture rooted in continuous improvement, the core of our company's operating model is the Ralliant Business System. For more information please visit: About Fortive Fortive is a provider of essential technologies for connected workflow solutions across a range of attractive end-markets. Fortive's strategic segments - Intelligent Operating Solutions, Advanced Healthcare Solutions, and Precision Technologies - include well-known brands with leading positions in their markets. The company's businesses design, develop, service, manufacture, and market professional and engineered products, software, and services, building upon leading brand names, innovative technologies, and significant market positions. Fortive is headquartered in Everett, Washington and employs a team of more than 18,000 research and development, manufacturing, sales, distribution, service and administrative employees in more than 50 countries around the world. With a culture rooted in continuous improvement, the core of our company's operating model is the Fortive Business System. For more information please visit: Non-GAAP Financial Measures This press release references Adjusted EBITDA growth, Free Cash Flow, and Free Cash Flow conversion, which are non-GAAP financial measures. The Company has not reconciled these forward-looking statements regarding non-GAAP financial measures because it is unable to do so without unreasonable efforts or to reasonably estimate the projected outcome of certain significant items, including currency impacts, impacts of acquisitions and divestitures and similar adjustments. These items are uncertain, depend on various factors out of its control and could have a material impact on the corresponding measures calculated in accordance with GAAP. Forward-Looking Statements Certain statements included in this press release are 'forward-looking statements' within the meaning of the U.S. federal securities laws. All statements other than historical factual information are forward-looking statements, including, without limitation, statements regarding: business outlook and priorities; future financial performance and results, including outlook and guidance; revenue growth; cash flows, our liquidity position or other financial measures; management's plans and strategies for future operations, including statements relating to anticipated operating performance, cost reductions, restructuring activities, new product and service developments, competitive strengths or market position, acquisitions, divestitures, strategic opportunities, shareholder value creation, capital allocation, stock repurchases, dividends; the effects of the separation or the distribution, if consummated, on our business; growth, declines and other trends in markets we sell into, including the expected impact of trade and tariff policies; changes in government contracting requirements and reductions in federal spending; new or modified laws, regulations and accounting pronouncements; outstanding claims, legal proceedings, tax audits and assessments and other contingent liabilities; foreign currency exchange rates and fluctuations in those rates; tax rates, tax provisions, and the impact of changes to tax laws; general economic and capital markets conditions, including expected impact of inflation or interest rate changes; impact of geopolitical events and other hostilities; the timing of any of the foregoing; assumptions underlying any of the foregoing; and any other statements that address events or developments that we intend or believe will or may occur in the future. Terminology such as 'believe", 'expect', 'anticipate", 'forecast', 'positioned', 'intend', 'plan", 'project', 'estimate', 'grow', 'will', 'should', 'could', 'would', 'may', 'strategy', 'opportunity', 'possible', 'potential', 'outlook', 'target', and 'guidance' and similar references to future periods are intended to identify forward-looking statements, although not all forward-looking statements are accompanied by such words. Forward-looking statements are based on assumptions and assessments made by our management in light of their experience and perceptions of historical trends, current conditions, expected future developments and other factors they believe to be appropriate. These forward-looking statements are subject to a number of risks and uncertainties, including but not limited to the risks and uncertainties set forth under 'Cautionary Statement Concerning Forward-Looking Statements', 'Risk Factors' and 'Management's Discussion and Analysis of Financial Condition and Results of Operations' within Ralliant's Form 10 filed with the U.S. Securities and Exchange Commission ('SEC') on May 5, 2025 (including the amendments thereto), and in other documents that we have filed with, or furnished to, the SEC. Forward-looking statements are not guarantees of future performance and actual results may differ materially from the results, developments and business decisions contemplated by our forward-looking statements. Accordingly, you should not place undue reliance on any such forward-looking statements. Forward-looking statements speak only as of the date they are made (or such earlier date as may be specified in such statement). Except to the extent required by applicable law, Ralliant assumes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events, and developments or otherwise.
Business Wire
02-06-2025
- Business
- Business Wire
Fortive and Ralliant to Webcast Investor Days
EVERETT, Wash.--(BUSINESS WIRE)--In connection with the pending separation of Ralliant Corporation ('Ralliant') on June 28, 2025, Fortive Corporation ('Fortive') (NYSE: FTV) will host a live video webcast of its Investor Day on Tuesday, June 10, 2025 in New York, including management presentations by Ralliant and Fortive. The Ralliant Investor Day will begin at 10:00 a.m. EDT, and the Fortive Investor Day will begin at approximately 1:30 p.m. EDT, with the day expected to conclude at approximately 4:00 p.m. EDT. A real-time webcast of the presentations will be accessible at and where related materials will be posted in connection with the presentations. Additional materials regarding Fortive's historical financial performance on a continuing operations basis will also be posted to the same section of Fortive's website. A replay of the webcast will be available following the presentation. ABOUT FORTIVE Fortive is a provider of essential technologies for connected workflow solutions across a range of attractive end-markets. Fortive's strategic segments - Intelligent Operating Solutions, Advanced Healthcare Solutions, and Precision Technologies - include well-known brands with leading positions in their markets. The company's businesses design, develop, service, manufacture, and market professional and engineered products, software, and services, building upon leading brand names, innovative technologies, and significant market positions. Fortive is headquartered in Everett, Washington and employs a team of more than 18,000 research and development, manufacturing, sales, distribution, service and administrative employees in more than 50 countries around the world. With a culture rooted in continuous improvement, the core of our company's operating model is the Fortive Business System. For more information please visit: FORWARD-LOOKING STATEMENTS Statements in this release that are not strictly historical, including statements regarding Fortive's pending spin-off of the outstanding shares of common stock of Ralliant, including the timing thereof or the tax-efficient nature thereof, and any other statements regarding events or developments that we believe or anticipate will or may occur in the future are 'forward-looking' statements within the meaning of the federal securities laws. Factors that could cause actual results to differ materially from those in the forward-looking statements include, among other things: the ability to satisfy the conditions to, and complete, the transaction on a timely basis or at all, including the ability to obtain regulatory approvals, the ability of Fortive or Ralliant to realize the benefits of the transaction, Fortive's and Ralliant's performance and maintenance of important business relationships pending closing of the transaction, the possibility that the share repurchase programs may be suspended or discontinued, deterioration of or instability in the economy, the markets we serve, international trade policies and deteriorating trade relations with other countries, including imposition of tariffs and retaliatory tariffs between United States and China and other countries, responsive economic nationalism, trade restrictions, and enhanced regulation, the financial markets, geopolitical conditions and conflicts, security breaches or other disruptions of our information technology systems, supply chain constraints, our ability to adjust purchases and manufacturing capacity to reflect market conditions, reliance on sole sources of supply, contractions or lower growth rates and cyclicality of markets we serve, competition, changes in industry standards and governmental regulations, our ability to recruit and retain key employees, our ability to successfully identify, consummate, integrate and realize the anticipated value of appropriate acquisitions and successfully complete divestitures and other dispositions, our ability to develop and successfully market new products, software, and services and expand into new markets, the potential for improper conduct by our employees, agents or business partners, contingent liabilities relating to acquisitions and divestitures, impact of changes to tax laws, our compliance with applicable laws and regulations and changes in applicable laws and regulations, risks relating to international economic, geopolitical, including war and sanctions, legal, compliance and business factors, risks relating to potential impairment of goodwill and other intangible assets, currency exchange rates, tax audits and changes in our tax rate and income tax liabilities, the impact of our debt obligations on our operations, litigation and other contingent liabilities including intellectual property and environmental, health and safety matters, our ability to adequately protect our intellectual property rights, risks relating to product, service or software defects, product liability and recalls, risks relating to product manufacturing, our relationships with and the performance of our channel partners, commodity costs and surcharges, adverse effects of restructuring activities, our plans to separate into two independent, publicly-traded companies, risk related to tax treatment of our prior or pending separation, impact of our indemnification obligation to Vontier, impact of changes to U.S. GAAP, labor matters, and disruptions relating to man-made and natural disasters and climate change. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in our SEC filings, including our Annual Report on Form 10-K for the year ended December 31, 2024 and Quarterly Report on Form 10-Q for the quarter ended March 28, 2025. These forward-looking statements speak only as of the date of this presentation, and Fortive does not assume any obligation to update or revise any forward-looking statement, whether as a result of new information, future events and developments or otherwise.
Yahoo
29-05-2025
- Business
- Yahoo
Fortive Expands Buybacks, Announces Pro Rata Ralliant Stock Dividend
Fortive Corporation FTV has announced a significant expansion of its share repurchase efforts, reflecting strong confidence in its long-term growth prospects and disciplined capital allocation strategy. The company's board of directors has authorized an increase of approximately 15.63 million shares under its general share repurchase program. This brings the total number of shares available for buyback to 20 million, including the 4.37 million shares remaining from prior authorizations. The general repurchase program remains open-ended with no expiration date, allowing Fortive to repurchase shares at its discretion over time. Aligned with this, Fortive has also introduced a Special Purpose Share Repurchase Program. This program permits the company to repurchase up to $550 million of its common stock using proceeds from the anticipated $1.15 billion pre-separation dividend to be received from Ralliant Corporation, Fortive's Precision Technologies segment, which is set to spin off on June 28, 2025. The company may also use any additional cash received from Ralliant in connection with the separation. Fortive Corporation price-consensus-chart | Fortive Corporation Quote Along with this, the company announced that its board has approved the distribution of 100% of the outstanding shares of Ralliant Corporation to Fortive shareholders through a pro rata dividend. Shareholders of record, as of the close of business on June 16, 2025, will receive one share of Ralliant common stock for every three shares of Fortive common stock they own. The distribution is scheduled to occur on June 28, 2025. Shareholders entitled to fractional shares will instead receive a cash payment in lieu of those fractions. Management highlighted that Fortive has already allocated about 75% of its free cash flow toward share repurchases since first announcing the spin-off last year, and the renewed authorization underscores the company's focus on a balanced, value-driven capital deployment strategy continued focus on share buybacks is a strategic move aimed at enhancing bottom-line performance and delivering value to shareholders. In the first quarter, the company repurchased 2.5 million shares as planned, maintaining its consistent pace of buybacks. Fortive remains committed to using free cash flow for additional share repurchases as it progresses with the anticipated spin-off. Continued focus on returning cash to the company's shareholders is a positive signal, as it boosts the bottom line and supports stock price appreciation in the near term. Together, these initiatives underscore Fortive's confidence in its financial health and growth trajectory as it moves forward with transforming Ralliant into a fully independent public company. However, uncertain macro environment and tariff impacts, along with high debt and stiff competition, may hurt the company's performance. Fortive revised its 2025 guidance due to a delayed recovery in Precision Technologies and global tariff impacts. Before mitigation efforts, it estimates gross tariff costs of $190–$220 million, mainly from China, with a 60-40 split between New Fortive and Ralliant. For the second quarter, adjusted EPS is estimated to be 85-90 cents, including tariff headwinds. Tariffs are expected to weigh on second-quarter adjusted operating margins. Currently, Fortive has a Zacks Rank #4 (Sell). Shares of the company have lost 2.8% in the past year against no change for the Zacks Electronics - Testing Equipment industry. Image Source: Zacks Investment Research Some better-ranked stocks from the broader technology space are Juniper Networks, Inc. JNPR, Ubiquiti Inc. UI and InterDigital, Inc. IDCC. JNPR presently sports a Zacks Rank #1 (Strong Buy), whereas UI and IDCC carry a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here. In the last reported quarter, JNPR delivered an earnings surprise of 4.88%. Juniper Networks' long-term earnings growth rate is 12.4%. Its shares have inched up 2.3% in the past year. UI's earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 29.93%. In the last reported quarter, Ubiquiti delivered an earnings surprise of 61.29%. Its shares have surged 184.7% in the past year. IDCC earnings beat the Zacks Consensus Estimate in three of the trailing four quarters while missing in one, with the average surprise being 160.15%. InterDigital's long-term earnings growth rate is 15%. Its shares have jumped 87.8% in the past year. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Juniper Networks, Inc. (JNPR) : Free Stock Analysis Report InterDigital, Inc. (IDCC) : Free Stock Analysis Report Fortive Corporation (FTV) : Free Stock Analysis Report Ubiquiti Inc. (UI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Business Wire
27-05-2025
- Business
- Business Wire
Fortive Announces Share Repurchase Authorizations
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ('Fortive') (NYSE: FTV) announced today that its Board of Directors has approved an increase in the number of shares of Fortive's common stock authorized under its general share repurchase program by approximately 15.63 million additional shares (the 'General Share Repurchase Program'). Following such increase, the total number of shares remaining available for repurchase under the General Share Repurchase Program will be 20 million shares, including approximately 4.37 million shares available under the prior authorizations by the Board of Directors. The General Share Repurchase Program has no expiration date. In addition and in connection with the pending separation of Ralliant Corporation, Fortive's precision technologies segment (the 'Separation'), Fortive announced that its Board of Directors concurrently adopted a separate special purpose share repurchase program (the 'Special Purpose Share Repurchase Program') under which Fortive may purchase up to $550 million in Fortive's common stock exclusively from the proceeds of the approximately $1.15 billion pre-Separation cash dividend from Ralliant to Fortive, together with any other cash received by Fortive from Ralliant in connection with the Separation (collectively, the 'Ralliant Cash Proceeds'). Repurchases of shares of Fortive common stock using the Ralliant Cash Proceeds will only be made through the Special Purpose Share Repurchase Program. James Lico, President and Chief Executive Officer, stated, 'I am excited for the opportunities ahead for Fortive and Ralliant as two focused, independent public companies with distinct and compelling investment profiles, and we look forward to bringing our Fortive and Ralliant leadership teams together for the upcoming investor day conferences to share our respective vision for the future. The board's approval of this special purpose share repurchase program reflects our confidence in Fortive's future and its unwavering focus on creating sustained value for shareholders.' Mr. Lico continued, 'Since we announced the separation of the Precision Technologies segment last year, we have deployed approximately 75 percent of our free cash flow to share repurchases. We are pleased to replenish our repurchase authorization, demonstrating a commitment to disciplined, balanced and value-enhancing capital deployment following the spin-off of Ralliant on June 28, 2025.' Under the shares repurchase programs, Fortive may purchase its common stock on a discretionary basis from time to time on the open market or otherwise, including through the use of trading plans that satisfy the conditions of Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, in accordance with the requirements of the U.S. Securities and Exchange Commission. The timing and amount of common stock repurchases made under the share repurchase programs will be determined by Fortive's management based on its evaluation of market conditions and other factors. The repurchase programs do not obligate Fortive to acquire any particular amount of shares, and may be suspended or discontinued at any time. UPCOMING EVENTS Ralliant will host an investor day conference and innovation showcase at 10 a.m. ET on Tuesday, June 10, 2025 at NYSE. In addition, Fortive will host an investor day conference and innovation showcase on Tuesday, June 10, 2025 at NYSE, following the Ralliant investor day conference. A real-time webcast of the presentations will be accessible at and at where related materials will be posted prior to the presentations. ABOUT FORTIVE Fortive is a provider of essential technologies for connected workflow solutions across a range of attractive end-markets. Fortive's strategic segments - Intelligent Operating Solutions, Advanced Healthcare Solutions, and Precision Technologies - include well-known brands with leading positions in their markets. The company's businesses design, develop, service, manufacture, and market professional and engineered products, software, and services, building upon leading brand names, innovative technologies, and significant market positions. Fortive is headquartered in Everett, Washington and employs a team of more than 18,000 research and development, manufacturing, sales, distribution, service and administrative employees in more than 50 countries around the world. With a culture rooted in continuous improvement, the core of our company's operating model is the Fortive Business System. For more information please visit: FORWARD-LOOKING STATEMENTS Statements in this release that are not strictly historical, including statements regarding Fortive's plans with respect to share repurchases, ability to deliver shareholder value or return, future financial performance, Fortive's anticipated spin-off of the outstanding shares of common stock of Ralliant, including the timing thereof or the tax-efficient nature thereof, the anticipated cash distribution from Ralliant to Fortive, and any other statements regarding events or developments that we believe or anticipate will or may occur in the future are 'forward-looking' statements within the meaning of the federal securities laws. Factors that could cause actual results to differ materially from those in the forward-looking statements include, among other things: the ability to satisfy the conditions to, and complete, the transaction on a timely basis or at all, including the ability to obtain regulatory approvals, the ability of Fortive or Ralliant to realize the benefits of the transaction, Fortive's and Ralliant's performance and maintenance of important business relationships pending closing of the transaction, the possibility that the share repurchase programs may be suspended or discontinued, deterioration of or instability in the economy, the markets we serve, international trade policies and deteriorating trade relations with other countries, including imposition of tariffs and retaliatory tariffs between United States and China and other countries, responsive economic nationalism, trade restrictions, and enhanced regulation, the financial markets, geopolitical conditions and conflicts, security breaches or other disruptions of our information technology systems, supply chain constraints, our ability to adjust purchases and manufacturing capacity to reflect market conditions, reliance on sole sources of supply, contractions or lower growth rates and cyclicality of markets we serve, competition, changes in industry standards and governmental regulations, our ability to recruit and retain key employees, our ability to successfully identify, consummate, integrate and realize the anticipated value of appropriate acquisitions and successfully complete divestitures and other dispositions, our ability to develop and successfully market new products, software, and services and expand into new markets, the potential for improper conduct by our employees, agents or business partners, contingent liabilities relating to acquisitions and divestitures, impact of changes to tax laws, our compliance with applicable laws and regulations and changes in applicable laws and regulations, risks relating to international economic, geopolitical, including war and sanctions, legal, compliance and business factors, risks relating to potential impairment of goodwill and other intangible assets, currency exchange rates, tax audits and changes in our tax rate and income tax liabilities, the impact of our debt obligations on our operations, litigation and other contingent liabilities including intellectual property and environmental, health and safety matters, our ability to adequately protect our intellectual property rights, risks relating to product, service or software defects, product liability and recalls, risks relating to product manufacturing, our relationships with and the performance of our channel partners, commodity costs and surcharges, adverse effects of restructuring activities, our plans to separate into two independent, publicly-traded companies, risk related to tax treatment of our prior or pending separation, impact of our indemnification obligation to Vontier, impact of changes to U.S. GAAP, labor matters, and disruptions relating to man-made and natural disasters and climate change. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in our SEC filings, including our Annual Report on Form 10-K for the year ended December 31, 2024 and Quarterly Report on Form 10-Q for the quarter ended March 28, 2025. These forward-looking statements speak only as of the date of this presentation, and Fortive does not assume any obligation to update or revise any forward-looking statement, whether as a result of new information, future events and developments or otherwise.
