Description
IDEX Corporation (IEX) presented its financial and operational performance for the second quarter of 2024,
reflecting a mixture of achievements and challenges amid a complex macroeconomic environment. The company reported achieving slightly higher than anticipated results in terms of adjusted EBITDA margin and adjusted EPS, attributed to strong execution across its global teams. From a revenue and orders perspective, IDEX faced a nuanced landscape. Orders amounted to $772 million, representing a modest 1% increase on a reported basis and a 2% rise organically. Notably, the Fire & Safety/Diversified Products (FSDP) segment demonstrated robust organic order growth of 6%, primarily driven by demand in Fire or North American OEM sectors.
Our Report Structure:
⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures
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