Spectrum Brands Holdings Inc (FRA:H221)
€ 81 -1 (-1.22%) Market Cap: 2.27 Bil Enterprise Value: 2.54 Bil PE Ratio: 20.65 PB Ratio: 1.11 GF Score: 79/100

Spectrum Brands Holdings Inc at Raymond James Institutional Investors Conference Transcript

Mar 02, 2020 / 06:40PM GMT
Release Date Price: €48.8 (+6.55%)
Unidentified Analyst;David M. Maura
Spectrum Brands

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everyone, and thank you for joining us for our next presentation of the day, Spectrum Brands. Spectrum has gone through quite a transformation of late, having divested both its global Auto Care and battery and portable lighting businesses to Energizer a little over a year ago, in order to reduce outstanding debt, which has been cut in half. Today, Spectrum boasts a rather eclectic portfolio of leading brands across Home & Personal, Hardware & Home Improvement, Home & Garden and Pet Care.

In addition, the company has embarked on an ambitious Global Productivity Improvement Plan, designed to deliver over $100 million in cost savings within the next 18 months.

Here to tell us the Spectrum story is the company's Chairman and CEO, David Maura. Also in attendance is the company's relatively new CFO, Jeremy Smeltser, who joined in late calendar 2019; as well as Vice President of Investor Relations, Kevin Kim.

And with that, let me hand things over to David.

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