Hubbell (HUBB)

Risks

• Our business and operations, and the operations of our suppliers, have been, and may in the future be adversely affected by epidemics or pandemics such as the COVID-19 pandemic outbreak.
• New regulations on employers concerning COVID-19 vaccination mandates or testing of U.S.-based employees could have an adverse impact on our business and results of operations.
• We operate in markets that are subject to competitive pressures that could affect selling prices or demand for our products.
• Uncertainty about the future of the London Interbank Offer Rate ("LIBOR") may adversely affect our business and financial results.
• Our ability to effectively develop and introduce new products could adversely affect our ability to compete.
• We manufacture and source products and materials from various countries throughout the world. A disruption in the availability, price or quality of these products or materials could adversely affect our operating results.
• We may be required to recognize impairment charges for our goodwill and other intangible assets.
• We engage in acquisitions and strategic investments and may encounter difficulty in obtaining appropriate acquisitions and in integrating these businesses.
• We may not be able to successfully implement initiatives, including our restructuring activities that improve productivity and streamline operations to control or reduce costs.
• We are subject to risks surrounding our information technology systems failures, network disruptions, breaches in data security and compliance with data privacy laws or regulations.
• Our ability to access capital markets or failure to maintain our credit ratings may adversely affect our business.
• Deterioration in the credit quality of our customers could have a material adverse effect on our operating results and financial condition.
• If the underlying investments of our defined benefit plans do not perform as expected, we may have to make additional contributions to these plans.
• Because tax laws and regulations are subject to interpretation and uncertainty, tax payments may ultimately differ from amounts currently recorded by the Company.
• Significant developments from the recent and potential changes in U.S. trade policies could have a material adverse effect on us.
• Our business and results of operations may be materially adversely effected by compliance with import and export laws.
• The uncertainty surrounding the implementation and effect of Brexit and related negative developments in the European Union and elsewhere could adversely affect our business, financial condition and results of operations.
• We are subject to litigation and environmental regulations that may adversely impact our operating results.
• Our reputation and our ability to conduct business may be impaired by improper conduct by any of our employees, agents or business partners.
• Regulations related to conflict-free minerals may cause us to incur additional expenses and may create challenges with our customers.
• We face the potential harms of natural disasters, terrorism, acts of war, international conflicts or other disruptions to our operations.
• Global economic uncertainty could adversely affect us.
• Our success depends on attracting and retaining qualified personnel.