Detail akcie REGAL BELOIT online

Business Summary: Regal Beloit Corporation is a manufacturer of electric motors, electrical motion controls, power generation and power transmission products. The Company operates through three segments: the Commercial and Industrial Systems segment, with its principal line of business in medium and large electric motors, power generation products, high-performance drives and controls and capacitors; the Climate Solutions segment, with its principal line of business in small motors, controls and air moving products, and the Power Transmission Solutions segment, with its principal line of business in power transmission gearing, hydraulic pump drives, open gearing and specialty mechanical products which control motion and torque. It sells its products directly to original equipment manufacturers (OEMs), distributors and end users. It operates distribution facilities in Plainfield, Indiana; McAllen, Texas; LaVergne, Tennessee, and Florence, Kentucky.
Financial Summary: BRIEF: For the fiscal year ended 28 December 2019, Regal Beloit Corp revenues decreased 11% to $3.24B. Net income before extraordinary items increased 15% to $238.9M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net income reflects Total Operating Expenses decrease of 10% to $532M (expense), Goodwill Impairment decrease from $9.5M (expense) to $0K.