Jun 16, 2022 / 05:35PM GMT
Brian Willer -
(technical difficulty)
Third day or close to the end of the third day.
Questions and Answers:
Brian Willer -So why are people here to talk Stoneridge?
Jonathan B. DeGaynor - Stoneridge, Inc. - CEO, President & Director
Let me spend just a couple of minutes giving a bit of background as to why a soon-to-be 57-year-old company is interesting. What you'll see is a company that's global. But more importantly, it's a company that in, particularly in the last 7 years, has gone through a tremendous transformation in what we do and how we do it.
And what that -- what this slide will tell you is we've rotated so that we're basically powertrain-agnostic. So the issue of whether internal combustion matters in the future, we made a significant change with regard to that.
That translates into our growth rate of still over this next 5-year period of a 9% compound annual growth rate and probably, most importantly, is this $3.4 billion backlog. And the way in which we think about backlog is
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