ITT Inc (FRA:2II)
€ 128 1 (0.79%) Market Cap: 10.53 Bil Enterprise Value: 10.74 Bil PE Ratio: 27.03 PB Ratio: 4.40 GF Score: 88/100

ITT Inc Annual Shareholders Meeting Transcript

May 15, 2020 / 01:00PM GMT
Release Date Price: €44 (+2.33%)
Operator

Good day, and welcome to ITT Inc.'s 2020 Annual Meeting of Shareholders.

I will now turn the call over to Frank MacInnis, Chairman of the Board of ITT. Please go ahead, sir.

Francis MacInnis;Chairman of the Board

Thank you, Melinda, and good morning, ladies and gentlemen. On behalf of the Board and management of ITT, welcome to ITT's 2020 Annual Meeting of Shareholders.

This is our first virtual meeting, which allows our shareholders to attend and participate in the meeting remotely via this live audio cast. We chose to conduct a virtual meeting this year to protect the health and safety of our shareholders and employees during the ongoing COVID-19 pandemic and to comply with the social distancing protocols, established here in New York, to contain the spread of the virus.

Joining us today are all of our nominees for director, several members of the management team and representatives of Deloitte & Touche LLP, our independent public accounting firm.

As Chairman of the Board, I will preside over the meeting,

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