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 Stifel Cross Sector Insight Conference (Virtual) Transcript

Jun 08, 2020 / 02:00PM GMT
Release Date Price: €56 (+4.67%)
Nathan Hardie Jones
Stifel, Nicolaus & Company, Incorporated, Research Division - Analyst

Good morning, everybody. This is Nathan Jones from Stifel. I'm here with management from ITT. We're pleased to have Luca Savi, CEO; and Tom Scalera, CFO, on the phone to take questions. There's a chat box on your webcast there, where you can type in questions if you want me to ask those to Tom and Luca, and I will just get started here. Thanks, guys.

Questions & Answers

Nathan Hardie Jones
Stifel, Nicolaus & Company, Incorporated, Research Division - Analyst

ITT has had some businesses that have been especially impacted by COVID-19, both as a result of this severe demand disruption across as well as the location of some of your businesses, particularly the Northern Italy Friction business in Barge, which saw disruptions in your ability to operate the business. Could you just start off by giving us an update on the status of your facilities if there or anywhere you've experienced continued disruptions? Or if you're back to having something like full

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