ResMed Inc (NYSE:RMD)
$ 234.42 1.84 (0.79%) Market Cap: 34.14 Bil Enterprise Value: 34.57 Bil PE Ratio: 30.81 PB Ratio: 6.57 GF Score: 99/100

Resmed Inc at JPMorgan Healthcare Conference Transcript

Jan 13, 2020 / 04:30PM GMT
Release Date Price: $158.27 (+0.88%)
David A. Low
JP Morgan Chase & Co, Research Division - Research Analyst

Good morning, everyone. My name is David Low. I cover healthcare for JP Morgan in Australia. This -- with us this morning is Mick Farrell, CEO of ResMed. I'll hand over to Mick immediately, but we have a breakout in the Yorkshire Room down the corridor as well. Thanks, Mick.

Michael J. Farrell
ResMed Inc. - CEO & Director

Great. Thanks, David. And welcome, everyone, to day 1 of JP Morgan. This is our forward-looking statements that I will make during the presentation. You can read this on our website, investor.resmed.com.

I wanted to start with our ResMed strategy at the 50,000 feet level and we put a strategy out to 2025 that we presented actually last year here at JP Morgan and we are in play for that for 12 months. I'll give a little bit of an update as to where we are and why our long-term goals still make a lot of sense.

This is -- it's kind of trivializing any type of strategy to put 500, 700 pages of good strategy work into 1 page, but that's the

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