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Thursday, 01/28/2016 5:48:16 PM

Thursday, January 28, 2016 5:48:16 PM

Post# of 50
Q4/2015 Stryker Earnings Conference Call and AM Implants

Here's the link to the conference call recording.
A name and an email address must be entered to get access to the recording. (Any name and anything that looks like a valid email address will work.)

The Seeking Alpha website has the transcript - Stryker (SYK) Kevin Lobo on Q4 2015 Results - Earnings Call Transcript - Jan. 26, 2016

There are 3 references to titanium and 24 to 3D printing.
An excerpt:

David Roman (from Goldman Sachs)

Okay. That's very helpful. And then on the capital spending side, the $400 million to $450 million at the end of the high end of the range that would be almost a doubling from where you were I think in 2014.

Could you maybe just help us go into a little bit detail on where those CapEx dollars are going? How much of that are 2016 isolated in nature and what the implications of this additional CapEx are to the rest of the business down the road?

Kevin Lobo (Stryker Chairman and Chief Executive Officer)


Sure. I'd say that there is beyond just supporting the operations in the higher growth level that we've got in the company, there is a couple of areas of specific investment.

One is on in the ERP transformational area, which is strengthening our global ERPs on a world-wide basis and reducing the numbers that we have. So we're on a more consistent common system there.

The second one is actually we're building a brand new state-of-the-art 3D printing manufacturing facility this year as well too. So we're spending some dollars I think in some key potential growth areas for us and we might want to take advantage of that this year is a little bit of a blip in comparison to what that normal CapEx would be.



Stryker has used laser technology in the past. There's no mention of what technologies will be used in the new state-of-the-art 3D printing manufacturing facility.








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