Smiths Medical Investor Day – St Paul, Minnesota 23 June 2010 FULL TRANSCRIPT
Smiths Medical Investor Day – St Paul, Minnesota 23 June 2010 FULL TRANSCRIPT C O R P O R A T E P A R T I C I P A N T S Peter Turner Smiths Group – Finance Director Peter Durman Smiths Group - IR Director Srini Seshadri Smiths Group - Group Managing Director - Smiths Medical Stuart Morris-Hipkins Smiths Group - President - Smiths Medical North America Rob White Smiths Group - Finance Director - Smiths Medical C O N F E R E NCE C A L L P A R T I C I P A N T S Alex Toms Bank of America-Merrill Lynch - Analyst Martin Wilkie Deutsche Bank - Analyst Nigel Ridge BlackRock - Analyst Avi Hoddes UBS - Analyst Sandy Morris RBS - Analyst Colin Campbell Societe Generale - Analyst David Perry Goldman Sachs - Analyst 1 PRESENTATION Peter Turner - Smiths Group - Finance Director Good morning and welcome to Smiths Medical's global headquarters in St. Paul. For those of you who weren't with us in Tampa yesterday, thank you for joining us today. Smith's Medical is our largest division. We're 31% of the Group sales and also with the highest margins in the Group, it represents 37% of the Group's profit. Today will comprise of a presentation by the management team of Smiths Medical followed by a chance to ask questions. We'll then have a site tour which will include product demonstrations so you can get to understand the portfolio better. I'm sure you'll find this a helpful session and gain some new insights. Before I hand over to the Smiths Medical management team, I'd just like to make a few introductory observations.
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