SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported): June 2, 2004
ITT INDUSTRIES, INC.
(Exact name of registrant as specified in its charter)
Indiana 1-5627 13-5158950
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
organization)
4 West Red Oak Lane
White Plains, New York 10604
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (914) 641-2000
(Former name or former address if changed since last report)
ITEM 5. Other Events and Regulation FD Disclosure
On June 2, 2004, ITT Industries, Inc. issued a press release providing an update
on the timing of its pending acquisition of Kodak's Remote Sensing Systems
business and reaffirming its earnings projections for the second quarter and
full year 2004. A copy of this press release is attached and incorporated by
reference herein as Exhibit 99.1.
Exhibit Index
(99.1) Press release dated June 2, 2004 issued by ITT Industries, Inc.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
ITT INDUSTRIES, INC.
By: /s/ Kathleen S. Stolar
-----------------------------
Kathleen S. Stolar
Its: Vice President, Secretary
and Associate General Counsel
Date: June 2, 2004
Exhibit 99.1
ITT Industries Reaffirms Q2, Full Year Earnings Guidance
NEW YORK, June 2 /PRNewswire/ -- ITT Industries, Inc. (NYSE: ITT) Chief
Financial Officer Ed Williams will today reaffirm the company's earnings
projections for the second quarter and the full year 2004. His comments are
scheduled to be delivered at an investment analyst conference in New York
City. ITT Industries indicates that it expects to report EPS of $1.12 - $1.16
per share in the second quarter and $4.40 - $4.50 for the full year.
"The year is proceeding as we expected, with continued growth across all
of our businesses, particularly in Defense and Fluid Technology, and with new
products contributing to growth in our Electronic Components and leisure
marine groups," Williams says in his scripted remarks. "While revenues are
growing, we are maintaining our focus on continuous improvement, strengthening
our competitive position and ensuring that we provide our customers with the
best products and services."
The company also expects to complete its acquisition of Kodak's Remote
Sensing Systems business early to mid-third quarter. Presentations made
during the conference are webcast live and will be available for viewing on
the company's website at http://www.itt.com.
About ITT Industries
ITT Industries, Inc. (http://www.itt.com) supplies advanced technology
products and services in key markets including: electronic interconnects and
switches; defense communication, opto-electronics, information technology and
services; fluid and water management and other specialty products.
Headquartered in White Plains, NY, the company generated $5.63 billion in 2003
sales.
In addition to the New York Stock Exchange, ITT Industries stock is traded
on the Midwest, Pacific, Paris and Frankfurt exchanges.
Certain material presented herein consists of forward-looking statements
which involve known and unknown risks, uncertainties and other important
factors that could cause actual results to differ materially from those
expressed in, or implied from, such forward-looking statements. Such factors
include general economic conditions, foreign currency exchange rates,
competition and other factors all as more thoroughly set forth in Item 1.
Business and Item 7. Management's Discussion and Analysis of Financial
Condition and Results of Operations -- Forward-Looking Statements in the ITT
Industries, Inc. Form 10-K Annual Report for the fiscal year ended December
31, 2002, and other of its filings with the Securities and Exchange
Commission.
SOURCE ITT Industries, Inc.
-0- 06/02/2004
/CONTACT: Tom Glover of ITT Industries, Inc., +1-914-641-2160,
tom.glover@itt.com/
/Web site: http://www.itt.com /
(ITT)
CO: ITT Industries, Inc.
ST: New York
IN: CPR ARO UTI
SU: ERP