Sahil Guttal's questions to AMETEK Inc (AME) leadership • Q4 2024
Question
Sahil Guttal, on for Deane Dray of RBC Capital Markets, asked for context on the $85 million in planned growth investments for 2025, including its segment split, and inquired about the outlook for the New Product Vitality Index.
Answer
Executive David Zapico explained the $85 million in incremental growth investments for 2025 is similar to 2024's $90 million. The spend is roughly two-thirds R&D and one-third sales and marketing, with a bias toward the larger EIG segment. He noted the Vitality Index was very strong at 30% in Q4, reflecting a successful new product engine that supports pricing power and is expected to pay off in the coming year.