STAMFORD, Conn., May 15, 2025--(BUSINESS WIRE)--May 15, 2025-- ITT Inc. (NYSE: ITT) will host its 2025 Capital Markets Day today beginning at 1 p.m. ET in New York. Chief Executive Officer and President Luca Savi, Chief Financial Officer Emmanuel Caprais and members of ITT’s extended leadership team will deliver a series of presentations covering the company’s differentiation through execution, innovation and M&A. In connection with its Capital Markets Day, the company also announced new 2030 long-term financial targets. ITT expects to deliver the following financial results, all compared to actual results for the year ended Dec. 31, 2024: More than 5% average annual organic revenue growth and approximately 10% total including expected contributions from acquisitions ~23% adjusted operating margin on a consolidated basis, an expansion of more than 500 basis points versus 2024 More than $11 of adjusted earnings per share (EPS) from existing businesses Additionally, ITT expects to deploy between $500-700 million per year to accretive acquisitions which the company estimates would contribute an additional $0.75 to $1.00 of EPS toward more than $12 in total by 2030 14% to 15% free cash flow margin "Since our last capital markets day in 2022, ITT has created significant value for our shareholders through organic growth and margin expansion. This organic value creation is a strength of our ITTers around the world. It is in our DNA and this will continue as there is still much room for further growth and margin expansion. After surpassing our targets announced in 2022 two years early, today we introduce our new 2030 long-term targets, demonstrating incremental value we expect to generate both from existing businesses and M&A. We are already realizing benefits from the Svanehøj and kSARIA acquisitions whilst we continue to shift our portfolio to high growth and high margin businesses. All our people and the leaders you will hear from today are delivering these results consistently and differentiating ITT in the market, day in and day out through execution, innovation and M&A. We believe this will take ITT to a new level of growth, profitability and cash performance," said ITT’s Chief Executive Officer and President Luca Savi. As part of the in-person event, the company is hosting interactive technology demonstrations led by its business leaders. The demonstrations include Svanehøj cryogenic fuel pumps, kSARIA interconnect solutions for leading defense applications and VIDAR, among others. VIDAR is a recently launched revolutionary industrial motor that improves efficiency and reduces operating costs and emissions from rotating equipment in harsh environments due to its embedded variable frequency drive. Story Continues Presentation materials, which may include material information that has not been previously disclosed, and registration information for the live webcast, along with webcast replay information after the event, can be found at investors.itt.com. About ITT ITT is a diversified leading manufacturer of highly engineered critical components and customized technology solutions for the transportation, industrial, and energy markets. Building on its heritage of innovation, ITT partners with its customers to deliver enduring solutions to the key industries that underpin our modern way of life. ITT is headquartered in Stamford, Connecticut, with employees in more than 35 countries and sales in approximately 125 countries. For more information, visit www.itt.com. ITT-E View source version on businesswire.com: https://www.businesswire.com/news/home/20250515118648/en/ Contacts Media: Phil Terrigno +1 914-641-2143 [email protected] Investors: Mark Macaluso +1 914-641-2064 [email protected] View Comments
ITT Hosts 2025 Capital Markets Day; Announces New Long-Term Targets, Driving to Over $12 of EPS by 2030
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