Charles River Laboratories International Inc (FRA:RV6)

€ 174.9 -0.95 (-0.54%) Market Cap: 9.09 Bil Enterprise Value: 11.58 Bil PE Ratio: 23.14 PB Ratio: 2.51 GF Score: 85/100

Charles River Laboratories International Inc at Jefferies Healthcare Conference (Virtual) Transcript

Jun 02, 2020 / 02:00PM GMT

Release Date Price: €160 (+2.56%)

Transcript

David Howard Windley

Jefferies LLC, Research Division - MD & Equity Analyst

Hello and good morning. My name is Dave Windley. I'm Managing Director with Jefferies Healthcare Equity Research Department. I want to thank you, our audience, for attending our Virtual Healthcare Conference this year as well as our next company.

It is my pleasure to introduce Jim Foster, and he's Chairman, President and CEO of Charles River Laboratories, and they are our next presenting company. I want to remind you that we are taking questions through the chat function of our interface. So feel free to send questions through that portal, and we will try to address those toward the end.

I'll launch here by just prefacing that Charles River did have a very, very strong first quarter and stocks reacted, obviously, very well from that, led by revenue and margin performance in both its DSA and Manufacturing Support segments. I'm going to let -- hand it over to Jim Foster to give some opening remarks about the company's recent performance and strategy, and then we'll dig into some questions. So Jim, go ahead,

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