Regal Rexnord Corporation (RRX) Presents at Barclays 43rd Annual Industrial Select Conference Transcript

SA Transcripts158.47K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call Regal Rexnord Corporation (RRX) Barclays 43rd Annual Industrial Select Conference February 18, 2026 1:50 PM EST Company Participants Louis Pinkham - CEO & DirectorRobert Rehard - Executive VP & CFO Conference Call Participants Julian Mitchell - Barclays Bank PLC, Research Division Presentation Julian MitchellBarclays Bank PLC, Research Division Great. Well, thanks, everyone, for being here. It's my pleasure to have up next Regal Rexnord Corporation; Louis Pinkham, Chief Executive; and Rob Rehard, CFO. Question-and-Answer Session Julian MitchellBarclays Bank PLC, Research Division Maybe start off with the broad demand backdrop specifically around the shorter cycle industrial activity in IPS and AMC. A lot of people sort of curious about if there's real green shoots in the U.S. industrial economy. Kind of what's your perspective on that? Louis PinkhamCEO & Director I think the indicators are pretty mixed at this point. And by the way, Julian, thank you for hosting us. It's a pleasure to be here, and it's good to see all of our investors, but to your question, I think it's pretty mixed. It's good to see the ISM above 50. The commentary of the ISM though, would say that GI is still pretty sluggish, will correlate it to then what do our orders look like. Our IPS orders were down about 50 basis points in January. They were up 3% in fourth quarter. Our backlog going into the year is up 6%. So some mixed signs. We feel good about what we've been driving and a big piece of our hypothesis through building the industrial powertrain and the IPS segment was around cross-sell. Our cross-sell today is about $90 million incremental in 2025, that was about $210 million. We had put out a goal of $250 million by '27. So we're well on that path. So when the markets do turn 1 month