ITT Inc. (NYSE:ITT) Q2 2023 Earnings Call Transcript

Page 6 of 6

So this bodes well for CCT’s revenue in 2024. And then as I mentioned, in MT, backlog is mostly centered around rail and defense. And here, we’re accumulating also some strong orders. So overall, I would say we have — this definitely gives us really good line of sight for the second half and also because of some of the long-cycle awards that we got into 2024.

Emmanuel Caprais: And it’s not just the size, but it’s also the profitability of this backlog, which is better and higher than it was as an example, 1 year ago.

Operator: Thank you. This does conclude today’s teleconference. Please disconnect your lines at this time. And have a wonderful rest of your day.

Follow Itt Inc. (NYSE:ITT)

Page 6 of 6