Kaitlin Cronin's questions to Stryker Corp (SYK) leadership • Q3 2024
Question
Kaitlin Cronin inquired about Stryker's approach to the margin profile of potential acquisitions, asking if there is a minimum threshold or if the evaluation is more fluid.
Answer
CFO Glenn Boehnlein explained that while the company targets accretive deals, the timeline to achieve accretion can vary based on the type of acquisition. CEO Kevin Lobo added that as a high-growth company, Stryker is not deterred by initial earnings dilution for a strategic asset, knowing it will become accretive over time.