Transcript
Introduction
Matt
This is Matt Reustle and today we are breaking down Agilent. If you aren't familiar with Agilent, it is a $30 billion market cap company at the time of this recording and they focus on one of the more interesting niches: equipment and instruments sold into laboratories. So you can think of this equipment being sold to the life sciences sector, diagnostics, applied chemical markets, some very unique R&D work.
My guest is Marc de Vos, fund manager at Troy Asset Management, and Marc brings us through the story of Agilent. This is something that was born within Hewlett Packard, spun off a little more than 25 years ago, and Marc helps break down what can be a very complicated concept around things like chromatography and some of the other things that Agilent's involved in. But this is a deeply ingrained industry player with a unique razor and razor blade model and a business that has evolved over time. These episodes tend to be my favorite and this one lives up to the others. Please enjoy this breakdown of Agilent.