Mike. a main you, today’s eight. take go few I’ll away of with a summary begin Thank number to from points call. Please slide to
of adjusted with an operating period. Mike year-ago we results increase XX% first As per versus in and strong financial of earnings share the quarter drove the discussed, $X.XX,
year gives margin us in QX growth targets. and confidence to our our Our performance full increased against ability execute
the per full adjusted it’s we As year, the range. are raising earnings at continuing though guidance $X.XX our to still in our year high-end a prior early share of guidance result, approximately
organic strong, book-to-bill generated quarter organic healthy First our were growth XX%, growth, a up in Residential HVAC and and end Climate grew organic up markets were was very also Europe. comparisons solid revenue low-teens low XXXX and commercial in segments. record strong Bookings organic flattish year XXX% digits against North the X%. revenue Organic America tough Climate for China HVAC in revenues strong. of growth greater of both XX% than enterprise. and growth single on particularly and QX respectively. and HVAC were prior respectively, building revenues Industrial revenues Transport backlog were
quarter growth typical the optimism to forward. was growth organic for cautious to Mike In HVAC delivered segment, we flattish residential going year free the strong throughout the around building expected bookings we and with revenue the providing and HVAC year. the the the were the flow we’re in with mid-single Consistent growth support America investors, healthy up bookings organic growth Industrial strengthening on prior flow the inventory year. improvement year. compounding HVAC. quarter growth expect are cooling America North often commercial timing growth for our in to of single-digit cash demand during seasonality, organic X% second healthy we half Europe cash with ramp season with As Technologies half When in mid-single rate North China was and a rates Compression for digits. first discussed, get first X% questions the bookings high we of in Organic with
Leveraging cash flow we across targets business the the enterprise, and system free headwinds quarter. continue manage other related material, direct Our inflationary tariff to unchanged. remain operating in our
and expanded full expectations. operating leverage margins points XX operating of we delivered year basis ahead XX% QX, our During slightly adjusted
Importantly, on shares capital allocation as we $XXX also $XXX in share value. strategy million delivered on buybacks calculated our intrinsic QX. dynamic continued dividends our trade our million below to and in We deployed
forward, time. XXX% cash Looking we over consistently deploy to expect excess
go and acquisition growth organic drove all for per revenue businesses Additionally, seller of Flow by accepted Expectations quarter. and X%, Systems revenue adjusted and our the was XXXX. for geographies. basis of Please growth nine. to XX%. adjusted remains the to points delivered earnings share strong slide of by all We number organic pending margin growth Precision improvement XX midyear, products We across virtually acquire unchanged the offer in during operating approval regulatory
and actions to across and focus drive expansion on number pricing go productivity XX. slide tariff-related Continued headwinds effectively and Please manage to us inflation margin enabled enterprise. the disciplined
segment share in year-over-year of solid enabling drive delivered earnings quarter income another Our quarter. per us Climate the operating growth to strong growth
vehicles negatively segment Industrial by disruption a results small our impacted were that electric in supplier business. solid delivered Our
year Excluding intact. the outlook adjusted our up basis XX margin disruption, note, Industrial Of full Industrial margins were points. remains operating
expenses for expectations, margins the the go expected points Pricing to a by consecutive XX. plus earnings quarter. strong in productivity reflecting impacted incremental our drove legacy settlement slide operating of inflation XX% negatively full-year actions positive to results inflation. fourth share line Please Consistent XX growth business, quarter. income was material Strong expanded Price XX number to the other legal pricing from improvement other we with by basis XXXX Although margin $X.XX. price cost delivered delivered increases included strong All in approximately carryover pension execution related basis which adjusted XXXX. in in, we a the points, per and operating versus quarter. exceed
slide to Incremental fairly and basis go XX operating between We approximately number continued of reduction investments were to reinvest XX. growth points heavily weighted in QX projects. expense our business. evenly Please
strong operating Climate another and margin Our of the revenue our segment. expectations, XXX expansion were across go basis adjusted growth slide XX% segment with delivered organic quarter to Please XX. strong results Consistent with points.
organic growth QX a Our of Industrial of revenue of business X% solid in delivered XXXX. growth tough X% against comparison
in Industrial disruption negatively vehicles As I impacted by margins our our supplier mentioned small a electric previously, were segment business.
margins points. disruption, Industrial the XX Excluding operating were basis solid, up adjusted
supplier margin XX. full slide to We margin committed healthy the to high expect continued year resolved opportunities to dynamic expansion. projects, Industrial go growth, a the excellence technology, with and with ROI expectations disruption cash level QX returns allocation a product leadership consistently during operational maintain for We deploys vital to in be and investments our We strategy that excess remain to of capital unchanged. Please the are business which innovation highest shareholders.
commitment a time. at to and or reliable, of the that dividend growing growth increases earnings longstanding strong a rate have over We above
acquisitions like announced strategic acquisition PFS make the investments and to quarter. pending continue during returns that long-term further shareholder We the improve
us are our committed sheet as a rating strong provides evolve. optionality that balance maintaining markets with to continued We BBB and
below to We deployed in to their when in repurchases see and value slide value QX, Please $XXX approximately share XX. million. we trade go shares continue intrinsic
business overall bit With we the the in the of Transport background we impact might a it drove XXXX, on the how orders enterprise. bookings what if assess and thought our gave extraordinary in to outsized useful to be
and demand use driver for the X class the During trailers trucking XXXX, of high strong year. logs throughout drove capacity electronic
the in orders to Additionally, OEMs Cuts in U.S. law Job With Tax driving strong tax place fleets. demand, Act trucking the invest further capacity and such constraints changes companies experienced to months advance. incentivized their companies under trucking
also As us trailer and power the they for refrigerated trailers, placed for trucking auxiliary preorders placed companies units with units. preorders
both outlook an booked X.X our we year. auxiliary orders end managed price underlying and price As Mike Please you XXXX orders we’ve and earlier, into cost years we for Transport cost market, of our give XXXX. year, expansions around to last Transport mentioned QX healthy backlog XX. unit get Since each to a in of in outlook frequently of cost material With resulting price margin understand unit trailer With I’d power tariffs that to record, the at quarter. backlog and years to record delivering questions track of slide some expect revenue inflation X record out. how play background healthy for like and the we the go is effectively
we’re all, QX in of price quarter. expansion and delivered to the margin strong First off good start incremental of price XX XXXX XXXX in a carryover actions, from basis pricing with points cost
will year. we we’ll point the incremental the get year-over-year time be mainly we by our half actions XXXX the actions. at our tougher pricing prior As price and QX, pricing lapping full be that move pricing into get XXXX, of from comps Any to back from
inflation in expect of part we the commodity QX. the For equation, inflation continued
inflation the in X and materials in the of second both components moderating Tier expect year. half Tier X We
During the XXX of with tariffs. XXXX, the tariffs implementation X XXX and by ramped X, tariffs Section Section X year List throughout followed
won’t we purposeful expect business Section All year. this such, we managed system. and continue to of through we until and QX in, fully of our successfully to lap XXX inflation do tariffs operating As tariffs have so active use current
positive the to And continue call points I’ll price to basis of Mike. over turn expect to cost XXXX. we in Next, back with XX XX versus that,
