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Regal Beloit(RRX) - 2025 Q1 - Earnings Call Presentation

Financial Performance - Q1 2025 - Net sales were $1418.1 million, compared to $1428.9 million in 1Q24[9] - Adjusted EBITDA increased to $309.5 million, with a margin of 21.8%, up 30 BPS from the prior year[9, 12] - Adjusted diluted EPS was $2.15, a 7.5% increase year-over-year, or a 10% increase adjusted for the Industrial Systems divestiture[10, 12] - Free cash flow increased by 32% to $85.5 million[10, 12] - The company paid down $164 million of gross debt in 1Q[12] Segment Performance - Automation & Motion Control: Net sales were $396.3 million[24] - Industrial Powertrain Solutions: Net sales were $612.7 million[28] - Power Efficiency Solutions: Net sales were $409.1 million[32] Guidance and Outlook - The company reaffirmed its 2025 adjusted EPS guidance of approximately $10.00, with a range of $9.60-$10.40[40] - Full year sales are expected to be approximately $5.86 billion[40] - The company expects tariffs to be neutral to 2025 adjusted EBITDA and EPS due to mitigation actions[41] Balance Sheet - Total debt was $5296.9 million, and net debt was $4991.6 million[39] - Net Debt/Adjusted EBITDA was 3.62[39] - Interest Coverage Ratio was 3.78[39]