BorgWarner Inc (NYSE:BWA)
$ 37.5 -0.22 (-0.58%) Market Cap: 8.54 Bil Enterprise Value: 11.39 Bil PE Ratio: 14.20 PB Ratio: 1.48 GF Score: 84/100

BorgWarner Inc at Deutsche Bank Global Industrials & Materials Summit Transcript

Jun 05, 2019 / 03:40PM GMT
Release Date Price: $34.15 (+1.25%)
Emmanuel Rosner
Deutsche Bank AG, Research Division - Director & Research Analyst

Good morning, everybody. Thank you for joining us at Deutsche Bank's Industrial Conference in Chicago. My name is Emmanuel Rosner. I'm the U.S. Autos Analyst at Deutsche Bank.

We're very pleased to kick off the automotive lineup of this conference with BorgWarner this morning. As you know, BorgWarner is in the process of executing a successful transformation from a turbo player largely to a large beneficiary from vehicle electrification. Its backlog of new business, which was given earlier this year, launching through 2021, now includes 80% hybrid and electric vehicle business, and that could enable BorgWarner to keep delivering best-in-class growth above the industry for the foreseeable future.

So we're very pleased to have with us this morning representing the company, Fred Lissalde. He was named CEO of BorgWarner last year in August. During his long career at the company, he has held multiple other leadership roles, including COO, and before that, he was President of the turbos business. And we

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