Heico Corporation (HEI.A) Q2 2020 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, thank you for standing by and welcome to the Heichel Corporation Fiscal Year 2020 Second Quarter Earnings Results Conference Call. Certain statements in this conference call will constitute forward-looking statements, which are subject to risks, uncertainties, and contingencies. Heichel's actual results may differ materially from those expressed in or implied by those forward-looking statements. as a result of factors including the severity, magnitude, and duration of the COVID-19 outbreak, high cost liquidity, and the amount and timing of cash generation, the continued decline in commercial air travel caused by the COVID-19 outbreak, lower demand for commercial air travel or airline fleet changes or airline purchasing decisions, which could cause lower demand for air goods and services, product specification costs and requirements. which could cause an increase to our cost to complete contracts, governmental and regulatory demands, export policies and restrictions, reductions in defense, space or homeland security spending by U.S. and or foreign customers or competition from existing and new competitors, which could reduce our sales, our ability to introduce new products and services at profitable pricing levels, which could reduce our sales or sales growth, product development, or manufacturing difficulties, which could increase our product development costs and delay sales, our ability to make acquisitions and achieve operating synergies from acquired businesses, customer credit risk, interest, foreign currency exchange, and income tax rates, economic conditions within and outside of the aviation, defense, space, medical, telecommunications, and electronic industries. which could negatively impact our costs and revenues, and defense spending ...