IPG Photonics Corp (BSP:I1PG34)
R$ 184.14 0 (0%) Market Cap: 19.86 Bil Enterprise Value: 13.90 Bil PE Ratio: 0 PB Ratio: 1.58 GF Score: 75/100
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IPG Photonics Corp at Bank of America Global Industrials Conference (Virtual) Transcript

Mar 17, 2021 / 06:10PM GMT
Release Date Price: R$578
Michael J. Feniger
BofA Securities, Research Division - VP

Good afternoon, everyone, or evening, depending where you're dialing in. It is my pleasure to welcome Tim, the CFO of IPG Photonics. This is the first time we've hosted IPG at our Global Industrial Conference. Typically, IPG attends technology conferences. It truly fits the definition of an industrial tech company or better yet, a technology company that services industrial markets.

And maybe we can start there, Tim. So could you help people who might be new to the story at our conference with a bit of an overview. What are some industries that are using fiber lasers today? And how you see them displacing manufacturing processes over time.

Timothy P. V. Mammen
IPG Photonics Corporation - Senior VP & CFO

Good afternoon, Mike. Good to be here and joining you at the Industrial Conference. Yes. I think you're right, yes, we're very much a technology company that's historically been focused on a lot of industrial end markets. There are newer applications opportunities outside of that, which

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