VNT

Vontier Selected by Shell to Deploy iNFX Platform Across U.S. Network

Retrieved on: 
Thursday, June 8, 2023
Payments, Data Management, Retail, Technology, Convenience Store, Software, Shell, Partnership, Morelli, Acquisition, VNT, Retail Solutions Inc., Digital, API, NYSE, Online shopping

Vontier Corporation (NYSE: VNT), a leading global provider of critical technologies and solutions to connect, manage and scale the mobility ecosystem, today announced that its Retail Solutions business has been selected by Shell to deploy its iNFX™ payment solution and microservices platform across their U.S. network of over 13,000 locations by the end of 2024.

Key Points: 
  • Vontier Corporation (NYSE: VNT), a leading global provider of critical technologies and solutions to connect, manage and scale the mobility ecosystem, today announced that its Retail Solutions business has been selected by Shell to deploy its iNFX™ payment solution and microservices platform across their U.S. network of over 13,000 locations by the end of 2024.
  • The iNFX payment solution and corresponding microservices platform will seamlessly replace Shell’s legacy platform with a modular, open architecture, cloud-based solution across Shell’s branded retailers.
  • iNFX revolutionizes the way convenience retail customers manage their assets, significantly increasing operational efficiency and materially reducing their total cost of ownership with an easier to build, deploy, and maintain technology infrastructure.
  • iNFX also delivers an enhanced consumer experience through faster transactions, greater uptime and tailored loyalty programs, while simultaneously future-proofing retailers’ operations.

Vontier Declares Regular Dividend

Retrieved on: 
Monday, May 15, 2023
EV, Electric Vehicles, Fleet Management, Alternative Vehicles, Fuels, Technology, Automotive, Environment, Other Manufacturing, Other Transport, Green Technology, Transport, Other Technology, Manufacturing, VNT, NYSE, Vontier, Holding company

Vontier Corporation (NYSE: VNT) a leading global provider of critical technologies and solutions to connect, manage and scale the mobility ecosystem, announced today that its Board of Directors declared a regular quarterly cash dividend of $0.025 per share payable on June 22, 2023, to stockholders of record on June 1, 2023.

Key Points: 
  • Vontier Corporation (NYSE: VNT) a leading global provider of critical technologies and solutions to connect, manage and scale the mobility ecosystem, announced today that its Board of Directors declared a regular quarterly cash dividend of $0.025 per share payable on June 22, 2023, to stockholders of record on June 1, 2023.
  • Although Vontier expects to pay dividends on a quarterly basis, any subsequent declaration of dividends, including the amount, the record dates and the payment dates for any such future dividend payments, is subject to the discretion of the Board of Directors.

Vontier to Participate in Upcoming Investor Events

Retrieved on: 
Monday, May 8, 2023
EV, Electric Vehicles, Fleet Management, Data Management, IOT (Internet of Things), Alternative Vehicles, Fuels, Technology, Autonomous Driving, Vehicles, Automotive, Environment, Green Technology, Automotive Manufacturing, Manufacturing, Shaun Ellis (wolf researcher), CFO, VNT, Goldman Sachs, Senior, NYSE, Conference, Cryptocurrency

Additionally, CFO Anshooman Aga will be hosting one-on-one meetings with investors at the following conferences:

Key Points: 
  • Additionally, CFO Anshooman Aga will be hosting one-on-one meetings with investors at the following conferences:
    Wolfe Research 16th Annual Global Transportation & Industrials Conference on Tuesday, May 23.
  • KeyBanc Capital Markets 2023 Industrials & Basic Materials Conference on Wednesday, May 31.
  • Vontier’s formal presentation during the Goldman Sachs event will be webcast live and can be accessed on the Investor Relations, “Events & Presentations” section of Vontier’s website, at www.vontier.com .
  • A replay will be available, shortly after the presentations conclude.

Vontier Receives Science Based Targets Initiative Validation for Ambitious Emissions Reduction Targets, Including Its Newly Announced Scope 3 Goal

Retrieved on: 
Tuesday, May 2, 2023
Automotive, Vehicle Technology, Environmental Health, Sustainability, Logistics, Supply Chain Management, Environmental, Social and Governance (ESG), Climate Change, Environment, Public Transport, Other Transport, Rail, Green Technology, Other Automotive, Alternative Energy, Energy, Transport, Professional Services, Alternative Vehicles, Fuels, Environmental Policy, Environmental Issues, Science, Nigerian Business Coalition Against AIDS, Science Based Targets initiative, Paris Agreement, Senior, GHG, United Nations Global Compact, WRI, Carbon, Targets, Civil Service (United Kingdom), World Wide Fund for Nature, CDP, VNT, Growth, World Resources Institute, WWF, NYSE, Renewable energy, Vontier

Vontier Corporation (“Vontier”) (NYSE: VNT), a leading global provider of critical technologies and solutions to connect, manage and scale the mobility ecosystem, today announced that the Science Based Targets initiative (SBTi) has validated its near-term greenhouse gas (GHG) emissions reduction targets.

Key Points: 
  • Vontier Corporation (“Vontier”) (NYSE: VNT), a leading global provider of critical technologies and solutions to connect, manage and scale the mobility ecosystem, today announced that the Science Based Targets initiative (SBTi) has validated its near-term greenhouse gas (GHG) emissions reduction targets.
  • The SBTi has established a set of rigorous criteria that all targets must meet to be validated as science based.
  • Vontier’s guiding vision of accelerating smart, sustainable solutions for the road ahead provides the framework from which Vontier’s emissions reduction goals are derived.
  • “Our rigorous goal-setting, coupled with Vontier technologies that enable our customers to achieve their sustainability goals is a powerful combination that accelerates growth while protecting our planet.”

Garrett Presents Its Next Generation of Turbochargers and e-Mobility Technologies at Auto Shanghai 2023

Retrieved on: 
Tuesday, April 18, 2023
Artificial Intelligence, EV, Electric Vehicles, Public Transport, Other Transport, Trucking, Alternative Vehicles, Fuels, Security, Engineering, Transport, Automotive Manufacturing, Software, Manufacturing, Vehicle Technology, Other Automotive, Tires & Rubber, Recreational Vehicles, Performance & Special Interest, Off-Road Trucks & SUVs, Technology, Motorcycles, Fleet Management, Aftermarket, Automotive, Autonomous Driving, Vehicles, General Automotive, Communication, Bev, FCC, Electronics, Hydrogen, GM E-Turbo engine, Auto Shanghai, ICE, Gasoline, Electricity, Garrett Motion, Multimedia, SOC, Link Motion Inc, IDS, Miller, Running, Motion, Investment, Anomaly, VNT, GTX, Electrification, Rail transport, Electric battery

Garrett Motion Inc. (Nasdaq: GTX), a differentiated technology leader for the automotive industry, presents at Auto Shanghai 2023 (April 18-27) a portfolio of advanced technologies geared toward turbocharging, electrification and software connectivity.

Key Points: 
  • Garrett Motion Inc. (Nasdaq: GTX), a differentiated technology leader for the automotive industry, presents at Auto Shanghai 2023 (April 18-27) a portfolio of advanced technologies geared toward turbocharging, electrification and software connectivity.
  • As a pioneer and leader in turbocharging technologies in China since the 1990s, we are continuing to introduce cutting-edge technologies for this new era of electrification.
  • Our advanced solutions enable automakers to deliver the next generation of low- and zero-emissions vehicle technologies,” said Olivier Rabiller, CEO of Garrett Motion.
  • Jessica Zhang, global vice-president and general manager for Garrett China added: “Garrett Motion continues to invest in our state-of-the-art Shanghai and Wuhan manufacturing facilities.

Vontier Announces Divestiture of Global Traffic Technologies

Retrieved on: 
Monday, April 17, 2023
Software, Technology, Transport, Other Transport, Sale, VNT, City, Opticom, EBITDA, GTT, Financial result, NYSE, Vehicle, Cryptocurrency

Vontier Corporation (NYSE: VNT), a leading global provider of critical technologies and solutions to connect, manage and scale the mobility ecosystem, today announced the sale of its Global Traffic Technologies, LLC (GTT) business to Miovision for $107 million, representing a transaction value of approximately 10X 2022 EBITDA.

Key Points: 
  • Vontier Corporation (NYSE: VNT), a leading global provider of critical technologies and solutions to connect, manage and scale the mobility ecosystem, today announced the sale of its Global Traffic Technologies, LLC (GTT) business to Miovision for $107 million, representing a transaction value of approximately 10X 2022 EBITDA.
  • “As part of our disciplined capital allocation approach, we expect to deploy the net proceeds toward future debt reduction and share repurchase.”
    GTT reported 2022 revenue of approximately $40 million.
  • Global Traffic Technologies is a leading provider of intelligent traffic management systems and solutions, including the Opticom priority control system and Canoga traffic sensing systems, managing over 90,000 intersections and over 90,000 vehicles worldwide.
  • Miovision, headquartered in Kitchener, Ontario, is a global provider of scalable, intelligent transportation solutions enabling cities to reduce traffic congestion and vehicle emissions while improving public safety.

Vontier Schedules First Quarter 2023 Earnings Call

Retrieved on: 
Thursday, April 13, 2023
Vehicle Technology, Data Management, Automotive, Technology, Logistics, Supply Chain Management, General Automotive, Construction & Property, Public Transport, Other Transport, Other Energy, Urban Planning, Security, Other Automotive, Autonomous Driving, Vehicles, Alternative Energy, Transport, Energy, Software, EV, Electric Vehicles, Fleet Management, Alternative Vehicles, Fuels, Webcast, VNT, International, NYSE, ID, Video game

Vontier Corporation (NYSE: VNT), a leading global provider of critical technologies and solutions to connect, manage and scale the mobility ecosystem, will release its first quarter 2023 earnings results on Thursday, May 4, 2023, and will hold a conference call the same day at 8:30 a.m.

Key Points: 
  • Vontier Corporation (NYSE: VNT), a leading global provider of critical technologies and solutions to connect, manage and scale the mobility ecosystem, will release its first quarter 2023 earnings results on Thursday, May 4, 2023, and will hold a conference call the same day at 8:30 a.m.
  • The call can be accessed via webcast or by dialing +1 800-343-1703 (U.S. callers) or +1 785-424-1116 (international callers), along with the conference ID: 9865421 or passcode: 32768.
  • Webcast information and related conference call materials will be made available on the “Events and Presentations” section of Vontier’s investor relations website: ( www.investors.vontier.com ) prior to the call.
  • A replay of the webcast will be available at the same location shortly after the conclusion of the presentation, or by dialing +1 800-839-5492 (U.S callers) or +1 402-220-2551(International callers), conference ID: 9865421.

Vontier Hosts 2023 Investor Day; Reaffirms 2023 Guidance and Introduces Long-term Financial Targets

Retrieved on: 
Thursday, March 23, 2023
Technology, Automotive, Transportation, Travel, Machinery, Other Energy, Public Transport, Vehicle Technology, IOT (Internet of Things), Engineering, Energy, Transport, Other Technology, Manufacturing, Software, Hardware, EV, Electric Vehicles, Webcast, NYSE, VNT, Morelli, Vontier, Automation, Cryptocurrency

Vontier Corporation (NYSE: VNT), a leading global provider of critical technologies and solutions to connect, manage and scale the mobility ecosystem, will hold its first Investor Day, today, March 23, 2023, at 8:30 a.m.

Key Points: 
  • Vontier Corporation (NYSE: VNT), a leading global provider of critical technologies and solutions to connect, manage and scale the mobility ecosystem, will hold its first Investor Day, today, March 23, 2023, at 8:30 a.m.
  • ET to present an updated view of Vontier’s strategic & capital allocation priorities, growth strategy, and financial outlook.
  • “Vontier has unparalleled portfolio breadth and depth across the mobility ecosystem.
  • Vontier will affirm its 2023 outlook and introduce longer-term financial targets (2024 to 2026), including:
    Morelli continued, “Vontier’s growth outlook and expanding cash flows are propelled by both leading market positions in connected automation and multi-energy fueling and robust secular tailwinds sweeping the mobility ecosystem.

Vontier Announces New Reporting Segment Structure

Retrieved on: 
Monday, March 20, 2023
Alternative Vehicles, Fuels, Other Transport, Technology, Aftermarket, Vehicle Technology, Automotive, Transport, Software, Hardware, IOT (Internet of Things), ANGI, Gilbarco Veeder-Root, Sale, Mobile technology, DRB, Hennessy, Biophysical environment, USB On-The-Go, VNT, NYSE, Online shopping, Matco Tools

Vontier Corporation (NYSE: VNT), a leading global provider of critical technologies and solutions to connect, manage and scale the mobility ecosystem, today announced a new segment reporting structure to align with its strategy, better reflect the diverse end markets it serves and provide greater transparency into its businesses.

Key Points: 
  • Vontier Corporation (NYSE: VNT), a leading global provider of critical technologies and solutions to connect, manage and scale the mobility ecosystem, today announced a new segment reporting structure to align with its strategy, better reflect the diverse end markets it serves and provide greater transparency into its businesses.
  • Mobility Technologies consists of Vontier’s Retail Solutions, DRB, Teletrac Navman, ANGI, and Driivz businesses.
  • "As Vontier continues its transformation journey as a leader in the mobility ecosystem, we are excited to unveil our new reporting structure, which aligns with our strategic vision for the company and effectively positions our brands and product capabilities to deliver enhanced profitable growth and shareholder value.
  • Quarterly and annual sales by segment for the year ended December 31, 2022 was as follows:

Vontier Announces Details of Its Investor Day on March 23, 2023

Retrieved on: 
Tuesday, February 28, 2023
Data Management, Automotive, IOT (Internet of Things), General Automotive, EV, Electric Vehicles, Technology, Autonomous Driving, Vehicles, NYSE, VNT, Webcast, Q&A, Management

Vontier Corporation (NYSE: VNT), a leading global provider of critical technologies and solutions to connect, manage and scale the mobility ecosystem, today announced details for its upcoming investor day conference, including registration information.

Key Points: 
  • Vontier Corporation (NYSE: VNT), a leading global provider of critical technologies and solutions to connect, manage and scale the mobility ecosystem, today announced details for its upcoming investor day conference, including registration information.
  • The event will be held both virtually and in-person on Thursday, March 23, 2023, in New York.
  • For those who would like to attend the event in-person, please contact the Investor Relations team for additional details and instructions.
  • A replay of the webcast will be available shortly after the event concludes.