Hubbell Integrated (NYSE:HUBB) Morgan Stanley’s thirteenth Annual Laguna Convention September 11, 2025 7:05 PM EDT
Firm Contributors
William Sperry – Govt VP & CFO
Daniel Innamorato – Director of Investor Relations
Joseph Capozzoli
Convention Name Contributors
Christopher Snyder – Morgan Stanley, Analysis Division
Presentation
Christopher Snyder
Fairness Analyst
Effectively, thanks, everyone. Chris Snyder, U.S. multi-industry analyst. Tremendous excited to have Hubbell up right here with me. We now have present CFO, Invoice Sperry. We now have future CFO, Joe Capozzoli, after which we’ve Dan Innamorato from IR. So thanks guys for becoming a member of us as we speak.
Query-and-Reply Session
Christopher Snyder
Morgan Stanley, Analysis Division
I assume perhaps beginning off excessive stage. The corporate has gone from a GDP grower to now concentrating on mid-single-digit by way of cycle progress. I believe a mixture of secular developments in electrical and utility that we are able to all recognize, however then additionally portfolio high-grading you guys mixing into higher progress verticals available in the market. However we have seen progress beneath that mid-single-digit stage now for a couple of quarters. I assume what provides you guys confidence that that is now a mid-single-digit through-cycle progress enterprise?
William Sperry
Govt VP & CFO
Sure, I believe that is an excellent query to kick off with, and thanks all for becoming a member of us. I do know the day is getting perhaps just a little lengthy. And — however I all the time love your convention as a result of it seems like Labor Day is over, it is back-to-school. All of the summer time holidays are over, and we are able to all get again and grind and end the 12 months. So it is all the time enjoyable to be right here.
So I will introduce Joe, however I wished to start out and use your query perhaps to border the place we’re. So should you take a look at the final 5 years, we have been rising compounded at 10%. We have had some spectacular margin growth that point. So