REGAL REXNORD REPORTS STRONG SECOND QUARTER 2024 FINANCIAL RESULTS

MILWAUKEE, July 31, 2024 /PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX) 2Q Highlights GAAP Diluted EPS Of $0.94, Adjusted Diluted EPS* Of$2.29 Adjusted Free Cash Flow* Of $136.4 Million; On Track To Full Year Outlook Of ~$700 Million Paid Down $480.9 Million Of Gross Debt. On Track To Pay Down ~$900 Million Of Debt In The Year Net Debt/Adjusted EBITDA (Including Synergies) Now ~3.6x Sales Of $1,547.6 Million, Down 12.5% Versus PY; Down 7.0% On An Organic Basis Excluding Industrial** GAAP Gross Margi ...