Ingersoll Rand Inc Q1 2023 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Christopher M. Snyder - UBS Investment Bank, Research Division - Analyst : Volume growth for the company really stands out versus broader industrial, it seems like it was up low double digits range or so for Q1. And when we kind of look at the rest of the year, it seems to imply not much of any volume growth over the next 3 quarters. Does that more so reflect the macro uncertainty or potential supply chain uncertainty? What's that reflecting, because it does feel like a pretty sharp fall off?

Question: Christopher M. Snyder - UBS Investment Bank, Research Division - Analyst : I appreciate that. And the company has a really good track record on price and holding that price. When we see some of the year-to-date reflation in metals, does that change the way you think about the incremental price throughout the rest of the year, because potentially some of these commodity inputs are going higher into next year?

Question: Nathan Hardie Jones - Stifel, Nicolaus & Company, Incorporated, Research Division - Analyst : I have a question on SPX Flow. You guys have highlighted many examples over the last few years of leveraging the portfolio to accelerate growth and significantly improving the margins of acquired businesses. Maybe you can give us some light, what kind of organic growth acceleration you're expecting and margin expansion you're expecting to be able to generate out of that business?

Question: Nathan Hardie Jones - Stifel, Nicolaus & Company, Incorporated, Research Division - Analyst : What is it today? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. MAY 04, 2023 / 12:00PM, IR.N - Q1 2023 Ingersoll Rand Inc Earnings Call

Question: Nathan Hardie Jones - Stifel, Nicolaus & Company, Incorporated, Research Division - Analyst : And then just on the power tools business, I think at the merger, the strategic plan was to divest that business. Has that changed? Or is that still the plan here at some point in the future?