Flex (FLEX) Goldman Sachs Communacopia + Technology Conference 2026 summary

Strategic priorities and spin-off execution

• Spin-off is planned for just after the start of next year, with pre-spin focus on execution and maintaining business momentum.

• Post-spin priorities include financial rigor, productivity improvements, and portfolio optimization, emphasizing high-value markets and margin expansion.

• Capital deployment will target areas with the highest return, with ROIC as the key metric.

• Productivity gains are expected from combining automation solutions with AI.

• Portfolio will be balanced between high-value, high-growth markets and stable, lower-growth segments.

Differentiation and business model

• Vertical integration across engineering, manufacturing, and aftermarket services is a key differentiator.

• Aftermarket and circular economy services, including repair and refurbishment, add value beyond manufacturing.

• Proven ability to integrate acquired assets and create additional value.

Revenue growth and market outlook

• High-value businesses are expected to deliver mid-single digit plus growth over the long term.

• RMS segment is driven by healthcare (connected medical devices, drug delivery), industrial (energy infrastructure, robotics), and stable automotive markets.

• Robotics and automation are expanding, with hybrid humanoid-autonomous vehicle solutions expected on production floors within 1-2 years.