EnPro Industries Inc at Oppenheimer Industrial Growth Conference (Virtual) Transcript

May 03, 2022 / 02:30PM GMT
Ian Zaffino - Oppenheimer & Co. Inc. - Analyst

Good morning, everybody. Hi, I'm Ian Zaffino. I am the equity research analyst here at Oppenheimer. This is Enpro; I have outperform rating, $130 price target. I think there is some decent upside in the stock.

With me today presenting from the company will be Eric Vaillancourt, who is the company's CEO and President; Milt Childress, who is the company's Executive Vice President and CFO; and then James Gentile, who is the company's Investor Relations.

So the way we are going to structure this is we are going to have a short presentation by the company or an overview. We'll delve into Q&A. (Conference Instructions)

Questions and Answers:

Ian Zaffino - Oppenheimer & Co. Inc. - Analyst

So with that, guys, you're coming off a very, very strong quarter. I think sales were up 13.5% organically. I think EBITDA was up something like 30%, 31%, and with nice margin expansion. So you guys do have good momentum in the business. But, Eric, just tell us a little bit more about the business and
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