Itt Inc. · NYSE:ITT
Itt — ITT Industries — Corporate Update (December 2005)
8 slides from Itt's corporate update, Dec 5, 2005
Slide 1: George Minnich, Senior Vice President & CFO
George Minnich Senior Vice President & CFO December 5, 2005
Slide 2: Forward Looking Statements
Forward Looking Statements “Safe Harbor Statement” under the Private Securities Litigation Reform Act of 1995 (“the Act”): Certain material presented herein includes forward-looking statements intended to qualify for the safe harbor from liability established by the Act. These forward-looking statem
Slide 3: Portfolio Transition
Portfolio Transition M&FC Before (2005E $1.1 Billion) • Disposition moves portfolio closer Auto to company wide goals of premier Friction Tubing Materials financial metrics 38% 27% • Improved growth profile • Increased profitability Aerospace Controls Leisure • Improved return on invested 7% Marine
Slide 4: Enhanced Performance Metrics – 2005
Enhanced Performance Metrics – 2005 Organic Growth Operating Margin ROIC 6% 20% 33% 6% 20% 35% 4% 15% 30% 25% 1% 15% 2% 25% 0% 10% 20% MFC Ex Auto MFC Ex Auto MFC Ex Auto • Remaining Motion & Flow Control businesses expected to grow organically through product innovation and market share gains • Con
Slide 5: Auto Tubing – 2005 Results Moves to Discontinued Operations
Auto Tubing – 2005 Results Moves to Discontinued Operations Revenue $415M Operating Income $ 25M After Tax Impact $ 17M 2005 EPS Dilution $ 0.18 4
Slide 6: Revised 2005 Earnings Outlook
Revised 2005 Earnings Outlook ($, Millions except EPS) FY05 Segment Revenue OI Margin Fluid Technology $2,855 – 2,865 12.4 – 12.5% Defense $3,170 – 3,175 10.8 – 10.9% Electronics Motion & $675 – 680 19.9 – 20.1% Flow Control Electronic $705 – 710 4.5 – 4.6% Components 4Q05 FY05 Revenue $1,920 – 1,94
Slide 7: Summary
Summary Disposition Increases Focus on Businesses in Attractive Markets Portfolio Change Enhances Performance Metrics ITT Will Continue to Improve Performance through Value Creating Initiatives Lean and Six Sigma Techniques Global Sourcing Corporate Realignment Developing a Portfolio t
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