ITT Inc at Bank of America Global Industrials Conference Summary - Thomson StreetEvents

ITT Inc at Bank of America Global Industrials Conference Summary

ITT Inc at Bank of America Global Industrials Conference Summary - Thomson StreetEvents
ITT Inc at Bank of America Global Industrials Conference Summary
Published Mar 19, 2024
13 pages (7462 words) — Published Mar 19, 2024
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Abstract:

Edited Brief of ITT.N presentation 19-Mar-24 1:05pm GMT

  
Brief Excerpt:

...A. And you see there a $3.3 billion in terms of revenue, $10 billion in terms of market cap. B. Now when you look at 2023, it was a strong year for ITT with good growth, 8% organic growth, good improvement in terms of margin as well, more than 100 basis points of margin expansion. C. Market share gains that were in MT business, Motion Technologies business, you're talking about automotive and rail, but also applying the MT playbook to the other businesses and starting seeing very good market share gains also in the IP in our flow business, pumps and valves with the largest award with ExxonMobil where we won $80 million of business that are going to be spread in 3 years for all their investment in brownfields in their existing plants. D. We made 3 acquisitions in the last couple of years, acquisitions are mainly in the flow business, pumps and valves and in the connectors. E. And last year, we made a couple of acquisitions, Micro-Mode RF connectors, a small one and then Svaneh°j, which is...

  
Report Type:

Brief

Source:
Company:
ITT Inc
Ticker
ITT.N
Time
1:05pm GMT
Format:
PDF Adobe Acrobat
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ITT Inc at DA Davidson Diversified Industrials & Services Conference Transcript – 2023-09-21 – US$ 54.00 – Edited Transcript of ITT.N presentation 21-Sep-23 3:15pm GMT

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Cite this Report

  
MLA:
Thomson StreetEvents. "ITT Inc at Bank of America Global Industrials Conference Summary" Mar 19, 2024. Alacra Store. May 04, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/ITT-Inc-at-Bank-of-America-Global-Industrials-Conference-B15913596>
  
APA:
Thomson StreetEvents. (2024). ITT Inc at Bank of America Global Industrials Conference Summary Mar 19, 2024. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/ITT-Inc-at-Bank-of-America-Global-Industrials-Conference-B15913596>
  
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