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Regal Beloit(RRX) - 2023 Q4 - Earnings Call Transcript

Louis Pinkham Good morning. Jeff Hammond Just – the EBITDA margins, I think you're guiding to '22. I think at a conference in the fall, you said, hey, we can get to 25% by '25, so big leap. But I understand industrial comes out. So I'm just wondering if you could level set us on. One, you're confident in that 25% by '25. And two, what '24 would look like if you kind of took out industrial for the full year? Louis Pinkham Yes. So Jeff, thanks for the question. The comment that was made in the fall was exitin ...