Teledyne to Participate in Upcoming Investor Conferences
August 02 2021 - 4:12PM
Business Wire
Teledyne Technologies Incorporated (NYSE:TDY) today announced
that Jason VanWees, Executive Vice President, will participate in
the following investor conferences:
Jefferies Virtual Industrials Conference
Wednesday, August 4, 2021
10th Annual Needham Virtual Industrial
Technologies Conference Friday, August 6, 2021
A live webcast of Teledyne’s presentation at the Jefferies
conference may be accessed via the company’s website at
www.teledyne.com/investors/events-and-presentations on August 4 at
2:00 p.m. Eastern Time. In addition, Teledyne’s latest investor
presentation will be 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.
Forward-Looking Information Cautionary Notice
Teledyne’s investor presentation contains forward-looking
statements, as defined in the Private Securities Litigation Reform
Act of 1995, directly or indirectly relating to sales, earnings,
operating margin, growth opportunities, acquisitions, including the
acquisition of FLIR, product sales, capital expenditures, pension
matters, stock option compensation expense, the credit facility,
interest expense, severance, relocation and facility consolidation
costs, environmental remediation costs, taxes, exchange rate
fluctuations and strategic plans. Forward-looking statements are
generally accompanied by words such as “estimate”, “project”,
“predict”, “believes” or “expect”, 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.
Actual results could differ materially from these
forward-looking statements. Many factors could change anticipated
results, including: ongoing challenges and uncertainties posed by
the COVID pandemic for businesses and governments around the world,
including production, supply, contractual and other disruptions,
facility closures, furloughs and travel restrictions; the inability
to integrate FLIR successfully, to retain customers and key
employees and to achieve operating synergies, including the
possibility that the anticipated benefits of the proposed
transaction are not realized when expected or at all, including as
a result of the impact of, or problems arising from, the
integration of the two companies or as a result of the strength of
the economy and competitive factors in the areas where Teledyne and
FLIR do business; changes in relevant tax and other laws; risks
associated with indebtedness, including that incurred as a result
of financing transactions undertaken in connection with the
acquisition of FLIR, as well as our ability to reduce indebtedness
and the timing thereof; 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; operating results
of Teledyne FLIR being lower than anticipated; disruptions in the
global economy; 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 the COVID pandemic;
impacts from the United Kingdom’s exit from the European Union;
uncertainties related to the policies of the new U.S. Presidential
Administration; the imposition and expansion of, and responses to,
trade sanctions and tariffs; the continuing review and resolution
of FLIR’s export matters; escalating economic and diplomatic
tension between China and the United States; the impact of higher
inflation; semiconductor and other supply chain shortages; and
threats to the security of our confidential and proprietary
information, including cyber security threats. 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 further negatively affect our
businesses that supply the oil and gas industry. Continued weakness
in the commercial aerospace industry will negatively affect the
markets of our commercial aviation businesses. 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 the Company’s growth strategy includes possible
acquisitions, the Company 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 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.
While we believe our internal and disclosure control systems are
effective, there are inherent limitations in all control systems,
and misstatements due to error or fraud may occur and not be
detected.
Additional factors that could cause results to differ materially
from those described above can be found in Teledyne’s 2020 Annual
Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q
and in other documents that Teledyne files with the SEC.
The Company assumes no duty to publicly update or revise any
forward-looking statements, whether as a result of new information
or otherwise.
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Jason VanWees (805) 373-4542
Teledyne Technologies (NYSE:TDY)
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