ITT (US:ITT)2022-05-10 15:16Financial Performance - Adjusted EPS was $097[6], a decrease of 8% compared to the previous year[28] - Organic revenue growth was +7%[8] - Adjusted operating margin was 146%[8] - Capital deployed was over $235 million[8] - The company is maintaining full-year revenue, margin, and adjusted EPS outlook[8] Orders and Growth - Organic orders growth was +14%[7] - Connect & Control Technologies (CCT) organic revenue growth was +23%[7] - Motion Technologies (MT) secured 15 EV awards[7] - Industrial Process saw a +23% year-over-year organic growth in orders[10] - Connect & Control Technologies experienced a +28% year-over-year organic growth in orders[12] Capital Deployment - $186 million was used for share repurchases in Q1, a 3x increase compared to the previous year[7, 16] - Dividends increased by 20%[7, 17] - The company acquired Habonim for $140 million[7, 18]