Why HP

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HP: Who We Are

  • The original Silicon Valley Startup: Founded in 1939; Reinvented in 2015
  • We are one of the leading printing and personal systems technology company in the world, and we are here to create technology that makes life better for everyone everywhere.
  • In an ever-changing, connected world, HP Inc. keeps reinventing itself, its technologies, and what tomorrow holds—so industries, communities, and individuals can keep reinventing how they operate, ideate, and create what matters the most to them. Our mission is to engineer experiences that amaze each and every one of our customers.
  • Our goal is to deliver predictable cashflow and return of capital to shareholders while reinvesting in the business.
Operations in

170 Countries

250,000

Channel partners

27,000

Patents

HP Brand

Strength

Sustainability

Woman at desk with monitor printer

HP 3D Printing Application_PA12

  • HP is a global leader in the personal systems and printing industries, with a combined total addressable market in excess of $500B.
  • Our personal systems business continues to create amazing new compute experiences for customers while driving profitable growth and growing the lifetime value of our installed base.
  • Our print business is a market leader in size, scale, profit and innovation across office, home and graphics printing, and we will continue to advance our leadership, disrupt industries and transform our business to improve our profitability.
  • Our 3D printing and digital manufacturing business leverages 30 years of technology and expertise as it seeks to disrupt the over $500 billion global manufacturing industry.

Advance Printing and Personal Systems:

  1. Personal Systems:
          1. Reinvent computing experiences
          2. Grow lifetime value of installed base
          3. Accelerate services & solutions
  • Office & Home Printing: 
          1. Structural cost reduction
          2. Maximize value of installed base
          3. Evolve business models

Disrupt Industrial Businesses: 

  • Accelerate shift from analog to digital in Graphics
  • 3D Printing business seeks to disrupt the way the world designs and manufactures
  • Unlock new sources of value by leveraging our microfluidics IP
         

Transform:

  • Simplify & prioritize customer experience
  • Optimize our cost structure
  • Become more digitally enabled

Execution against our strategy is supported by key competencies and competitive advantages

Iconic Brand

Best in class Global supply chain

Powerful IP & technology

Unmatched commercial and consumer channel

Leverage customer insights & Big Data & analytics

Leading sustainably

   
       

Advance Leadership in Printing and Personal Systems:

  • Focus on operating profit $ growth in Personal Systems and Print: $4.7 to $5.1B of operating profit in FY22
  • Simplify operating models and structural cost reduction: $1.2B in gross run rate savings in FY22; ~$650M of operating profit flow through

Disrupt Industrial Businesses:

  • Investing in future disruptive categories: #1 in Graphics1 , Most Used Industrial 3D Printer2
  • Opportunity to lead in large markets: #1 or #2 in Print or PC in 49 Countries3

Aggressive Return of Capital to Shareholders:

  • Strong Free Cash Flow: $10.7 to $11.7B in cumulative free cash flow (FY20-FY22)
  • Enhanced Return of Capital: ~$16B cumulative return of capital (FY20-FY22), with at least $8B in the first 12 months
  • Long-term return of capital of 100% of free cash flow, unless higher ROI opportunities emerge
  • Grow Dividends per share at least in-line with earnings
  • Commitment to investment grade rating and strong balance sheet

1. Data represents HP Internal classification for Graphics based on IDC 4Q19 reported
2. 3D Hubs Manufacturing Network
3. Data represents HP internal classification for total PC's and Home + Office based on IDC 4Q19 reported