Teleflex Inc. - S&P Global Ratings’ Credit Research

Teleflex Inc.

Teleflex Inc. - S&P Global Ratings’ Credit Research
Teleflex Inc.
Published May 03, 2024
14 pages (5522 words) — Published May 03, 2024
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

Overview Key strengths Key risks Good scale and product diversity across seven business segments. Competition with products from larger companies such as Becton Dickinson&Co., Medtronic PLC, Boston Scientific Corp., and others. Participation in high growth segments such as interventional cardiology/radiology and interventional urology. Ongoing inflationary pressures. Solid track record of acquisition integration. More aggressive acquisition strategy compared with similarly rated peers. Teleflex increased its revenue by 6.6% (reported basis) in 2023, driven by strong growth within the interventional and original equipment manufacturing (OEM) product areas, partially offset by weaker performance in areas such as interventional urology and anesthesia. In 2024, we project the company?s revenue will increase 4%-5%, driven by high-single-digit percent growth in its interventional and interventional

  
Brief Excerpt:

...We project annual top-line growth in the mid-single-digit percent area over 2024 and 2025. Teleflex increased its revenue by 6.6% (reported basis) in 2023, driven by strong growth within the interventional and original equipment manufacturing (OEM) product areas, partially offset by weaker performance in areas such as interventional urology and anesthesia. In 2024, we...

  
Report Type:

Full Report

Ticker
Issuer
GICS
Health Care Equipment (35101010)
Sector
Global Issuers
Country
Region
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Teleflex Inc." May 03, 2024. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Teleflex-Inc-3165141>
  
APA:
S&P Global Ratings’ Credit Research. (). Teleflex Inc. May 03, 2024. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Teleflex-Inc-3165141>
  
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