Roper Technologies Inc at Barclays Industrials Select Conference Transcript

Feb 23, 2023 / 02:10PM GMT
Operator

It's my pleasure to have Roper here. I think all of you know,Neil and Jason, CEO and CFO. So I think we'll have a couple of introductory comments from Neil. And then go into questions thereafter.

Laurence Neil Hunn - Roper Technologies, Inc. - President, CEO & Director

It's our pleasure. Thanks for having us. long commute from Sarasota to Miami, so I appreciate the proximity. So glad to be here. Just a couple of pages, just a couple of minutes. So if you are new to our story or you just be reminded about what Roper technology is all about, and [Aceite] our ethos is we focus on compounding cash flow by acquiring and growing niche leading technology businesses. Each one of those words are specifically chosen with emphasis on compounding these -- the and growing these leading businesses that are in small markets.

If you look at the composition of our revenue, it's really evolved. Over the course of the last 3 or 4 years, we've divested about 40% of our 2018 revenues to have a portfolio that looks like this, one that is meaningfully less cyclical, One

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