ITT Inc (FRA:2II)
€ 128 1 (0.79%) Market Cap: 10.53 Bil Enterprise Value: 10.74 Bil PE Ratio: 27.06 PB Ratio: 4.41 GF Score: 88/100

ITT Inc at Gabelli Pump, Valve & Water Systems Symposium Transcript

Feb 28, 2019 / 02:30PM GMT
Release Date Price: €50.82 (-0.68%)
Brett Kearney
G. Research, LLC - Research Analyst

Okay. Next up, we have ITT. ITT is a diversified manufacturer of highly engineered critical components and customized technology solutions. The company operates through the 3 segments, Industrial Process, Motion Technologies and Connect and Control Technologies. ITT has 87 million shares outstanding, the stock trades around $58, $5.1 billion market cap, $445 million net cash position, $466 million net asbestos liability, $5.1 billion total enterprise value.

Joining us today is Mr. Tom Scalera, Chief Financial Officer of ITT. We also have Ms. Jessica Kourakos and -- Head of Investor Relations; and Mr. Jason Moss, Manager of Investor Relations and Treasury.

Team, thank you for being here.

Thomas M. Scalera
ITT Inc. - Executive VP & CFO

Thank you, Brett, and thanks to the team for inviting us today. Glad to be here at this pretty historic event. I guess, 29 years is fantastic, and we obviously have a long story and history in the pumps and valves world as well. So we're thrilled to be here

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