Sensata Technologies Holding plc (NYSE:ST) Q4 2023 Earnings Call Transcript

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Jeffrey Cote: Listen, the MBOs will continue to be meaningful. 2022 was the peak year in terms of sourcing opportunities. We ended up at 660 in 2023, and we think raking around that target is what we would expect for 2024 as well. So a heightened level off of four years or five years ago and disproportionate in the era of electrification. Thanks again.

Jacob Sayer: Yeah. Thanks, Chris.

Operator: This concludes our question-and-answer session. I would like to turn the conference back over to Jacob Sayer for any closing remarks.

Jacob Sayer: Thank you, Drew. I’d like to thank, everyone, for joining us this morning. Sensata will be participating in the AllianceBernstein Tech Investor Conference in New York on February 29 and the Morgan Stanley Tech Investor Conference in San Francisco on March 4. We look forward to seeing you at one of those events, or on our first quarter earnings call, which will be at late April 2024. Thank you for joining us this morning, and for your interest in Sensata. Drew, you may now end the call.

Operator: Thank you. The conference has now concluded. Thank you for attending today’s presentation. You may now disconnect.

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