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Vontier (VNT) investor relations material
Vontier Baird 55th Annual Global Industrial Conference summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Market and portfolio overview
Two-thirds of revenue comes from convenience retail, with strong performance and expansion by large national and regional players.
Digitalization and innovation drive productivity, asset uptime, and consumer engagement, supporting growth outside the Matco segment.
Fleet business has been strong due to major projects, while repair tools face macro headwinds but show signs of stabilization.
Book-to-bill ratio remains healthy at roughly one, with a robust pipeline and strong demand for integrated, connected solutions.
Market share is higher among large, growing operators, with secular tailwinds from digitalization, regulation, and energy diversification.
Industry trends and geographic dynamics
Large operators plan CapEx through 2027–2028, providing good visibility; smaller operators invest to stay competitive.
International markets, especially developing regions like India and the Middle East, offer growth but are subject to tender-driven lumpiness.
Mature markets such as Europe and Australia are stable, with technology adoption and larger format stores mirroring North American trends.
Global convenience retail market expected to grow next year, with quarter-to-quarter volatility in international markets.
Product innovation and adoption
FlexPay 6 and iNFX unify payment systems, reduce complexity, enable remote updates, and enhance consumer engagement at the pump.
FlexPay 6 adoption occurs via both new dispenser sales and retrofit kits, expanding the addressable market.
iNFX has secured major wins with Shell, Chevron, and Costco Canada; pilots and longer sales cycles are ongoing, supporting multi-year growth.
DRB’s Patheon cloud-based POS for car washes is driving growth, with recurring revenue and automation as key themes.
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