Crane NXT Co (NYSE:CXT)
$ 58.01 -0.19 (-0.33%) Market Cap: 3.32 Bil Enterprise Value: 3.96 Bil PE Ratio: 19.02 PB Ratio: 3.10 GF Score: 28/100

Crane Holdings Co at Gabelli Funds Aerospace & Defense Symposium Transcript

Sep 08, 2022 / 12:00PM GMT
Justin Laurence Bergner
Gabelli Funds, LLC - Research Analyst

Thanks, everyone. We're going to continue our morning sessions with Crane Corporation (technical difficulty) So our next speakers are Richard Maue and J. Higgs from Crane. Richard is CFO; J is President of Aerospace & Electronics. (inaudible) J, may be new to this forum, but is a 30-year veteran of Crane. Crane's diversified manufacturer of engineered products across 4 business segments: Aerospace & Electronics, process flow technologies payment, merchandising technologies, Engineered Materials with Payment & Merchandising technology set to be spun off as Crane NXT. Crane has 56 million shares, trading around $94 per share, $5.3 billion market value, $700 million net debt, $6 billion market capitalization. Rich is going to start the presentation, followed by J, and then we'll launch into some Q&A. Thank you.

Richard A. Maue
Crane Holdings, Co. - Senior VP & CFO

Good morning, everybody. Thank you, Justin, and thanks for your interest in Crane. My name is Rich Maue. I'm the Chief

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