Thank you, Mike.
Slide Please a take I'll to summary call. away main today's with go to X. few begin from of a points
delivered driven our As results of $X.XX, adjusted financial quarter Mike period, we versus performance in climate of year strong with third the an ago segment. in earnings the XX% by strong discussed, increase per share
EPS to well an evolving remain guidance. deliver We growth, growth, in global organic and track continue revenue execute against on margin and our full-year to landscape
in organic for that growth organic our segment. up and saw transport also strong, for climate our Climate segment. XXXX, revenue When digits climate high growth bookings in business was approximately quarter particularly our outsized order in single the segment. Third XX% excluding strong enterprise were Orders were our
the in year-over-year growth of the prior we previously. In a revenue versus X% in organic softness Strong short segment organic mentioned revenue largely small industrial tough Industrial offset our cycle comp revenues growth the in were vehicles flat year. markets, electric
operating leverage with full XX points expectations. basis year During delivered QX, we XX% expanded adjusted operating our margin consistent and
to system material, business and to manage across our other continue inflationary leverage operating We enterprise tariff related, headwinds. the direct
operating we look leverage to continue to further we will expansion. margin business quarter, the system drive As to fourth our
mentioned, to approximately hit we free equal strong we delivered billion expect income. free Through continue cash XXXX to Mike and QX, full than our of have of flow are $X expectations. flow greater to on cash track in net year XXX% or in As
Importantly, our to capital allocation balanced continue we strategy. deliver on
we QX, $XXX During dividends approximately million on deployed approximately in million and $XXX buybacks. share
time. of over consistently XXX% we expect cash forward, to Looking deploy excess
from top growth step Please a X%, We details go operating margin adjusted very Taking improvement performance. with and a basis growth of to QX for quartile was strong moment, XX quarter per of the a back share points Slide delivered earnings of X. organic revenue adjusted XX%.
pricing headwinds and revenue strength was and us drive by global disciplined segment, manage productivity our enterprise. the Organic on and margin focus enabled actions to Climate expansion inflation related driven across tariff HVAC effectively continued in growth
to Slide go Please X.
year-over-year delivered strong quarter to in segment operating quarter. the us another solid enabling Climate income Our growth, EPS growth drive of
we in Systems industrial solid with small more our Our of and in closed delivered Industrial addition Flow vehicles growth other that the Precision of $X.XX offsetting than EPS segment revenue declines electric growth QX, businesses. acquisition
to year quarter be In than corporate spending. $XXX approximately cost addition of our segment lower corporate now good previous performance, activities, due incentive prior management ongoing to million. of guidance corporate compensation down costs unallocated our and cost the year, less were from We stock-based third timing million, and expect lower full than to $XXX
go and Slide inflation on of improvement points QX productivity basis inflation price other to operating drove versus versus XX Please adjusted In material XX. margin execution strong strong spreads.
we back sixth half are we basis XX our Consistent of of half material points delivered margin from in price cost. second our lapping XXXX, quarter XXXX. expansion implemented of price consecutive with represents the This expectations, inflation. During versus positive pricing the of strong
equipment. margin and as Margin outsized applied commercial XX like sale delivered in as system an compared pressure We expansion creates products on by growth margin high HVAC solid we mix. was transport margin from initially carries life quarter. margin but parts, pressure to other higher the to Over growth service year systems, XX initial or aftermarket tempered applied delivered mix volume the unitary expansion from
consistent we by in have improved a in short inflation which to cycle the mix across enterprise quarter. XX saw points last softness revenue basis high industrial Additionally, pressure Productivity margins the from with margins. other versus tend also quarter,
restructuring the operational corporate Industrial Reduced expansion. margin Climate our contributed both productivity excellence delivered strong savings. also In costs to and segments, we from and
continue reduction basis heavily to approximately with high projects points. We expense investments investment. and totaled invest XX operating growth on in Incremental QX returns
Slide Please XX. go to
our expectations, strong segment of Our organic with points. and we revenue volume realization, delivered Consistent growth, basis another quarter with X% margin productivity. adjusted and operating strong expansion growth price XX delivered Climate
Slide short In comps to against prior small the electric go growth markets. revenues cycle softness were the our revenue in in growth organic Strong of industrial in year. offset XX. X% organic Industrial flat tough largely segment Please vehicles
a Compression built volume offset row. partially margin example, declines for the past in our rates Over years, gross a the several industrial enable resilient restructuring pricing. to we stronger business. within savings and more second business. Technologies have In for productivity, quarter deleverage
operating adjusted expanded segment in quarter. basis points Industrial margins XX the
Our adjusted points margin our acquisition Industrial EBITDA PFS continues We high margins. in to XXX the basis improve EBITDA margins expanded EBITDA quarter.
dynamic to innovation shareholders. remain projects, cash high go operational opportunities highest excess committed ROI that Please business leadership, returns continued We and which a maintain technology, XX. healthy of deploys are a vital in capital consistently strategy growth, product with level allocation to for to the margin to Slide investments the excellence We and our expansion.
in strategic that We shareholder returns. investments improve acquisitions continue long-term to further make
We remain continued maintaining a markets that with balance committed our provides as sheet optionality to evolve. us strong
We dividend that the time. above strong growth a or growing of have rate to a at earnings commitment and longstanding over reliable, increases
share annualized highlight dividend growing our transaction through proposed to XXXX. closing Gardner of the post to expect I'd closer, like With that with per maintain Denver $X.XX we and
deliver will very the core. attractive dividend Climate This yield new for a
will For our earnings deployment with beyond, and longstanding capital evaluate XXXX dividend line priorities. in with increases we consistent growth,
XXX% in excess see and time. share to value consistently cash continue deploy we expect repurchases We over to
to Slide segment transaction When the the Denver. we Please the status Gardner often questions get combine are XX. with our go we of road, to about on proposed Industrial
creating excited today. company, of be premier a as a Climate industrial HVAC about continue brief I'll refrigeration. and transport well pure-play as to a We update focused the leading on Technologies company you prospects give
our closure, and for with business closure deal reviewing remains running and care XXXX. priority the track transaction will our the early between In Gardner now priorities and on our first in be, deal is of to continue First, taking Denver customers.
well systems, on our core teams services, and operations, have with business of financial regulatory separation focus customers, Separation activities. operating chain separation maintain and processes To as carrying we along dedicated Climate and planning, technical all activities integration manufacturing and estate, out transformation as supply real and filings. encompass
plan project against services. are services certain plan. detailed and that have necessary, day We one are to executing we agreements transition a creating operations we support processes When for and
previously communicated million. to costs one the transaction of high-end related At approximately of $XXX this stage, million range anticipate separation we to be and time our at $XXX
two the we under antitrust that transaction. Denver companies to until the protocols. Given continue integration compete must The close as work and of clear and be in the planning managed marketplace in separate rules operate Gardner
as to We the day work towards continue will new within industrial of one business. we these rules progress
Additionally, serve shareholders for our to to leverage world's greenhouse this customers further with a opportunity we singular improve and expect better gas unlock reducing business to focus on Climate value intensity our energy emissions. and the
strong engaged We talented are great incredibly culture, businesses, and and an a with foundation core values. on building people, distinctive and winning
As outlook. of company, often a transport Technologies as note, at given about the questions creating excited pure-play the well remain growth I about said order leading get another outsize prospects beginning, in the as on our we industrial we a XXXX, Company. road premier order Climate the On
booked commercial approximately year. quarter. at the we QX a As million we $XXX I'll of in large that last remind worth you order look fourth
this As be over are years. of revenues recognized we to expected the the we approximately discussed booked course order, X.X when
have large the enterprise in rest organic order, business were bookings up approximately Climate organic were this segment XX%. Excluding where we the comps tough XX% and approximately up bookings of
XX. Please go to Slide
$X.XX. execute continue earnings adjusted in earlier, approximately evolving well share per guidance full highlighted we remains unchanged we landscape. to year an All As our in at
enterprise remains Our revenues unchanged. margin and guidance also
With by between year anticipate organic now point led our a Climate continued global than original we strong revenue higher guidance. HVAC, full revenues growth grow approximately X.X%, to and X% four our segment
flat spending. to short segment the Industrial We X.X% to Industrial expect quarter. short have in up persist revenue as year, be by been we organic for Our to revenues investment cycle the softness anticipate soft fourth now impacted cycle
both high-end of towards low-end remain Industrial Climate the for guidance delivering Industrial do range. Our and rates our anticipate Climate and our margin segment towards although the segment the unchanged, of range we the
approximately related are cost to efforts. additional $X.XX guidance footprint primarily to increasing We $X.XX restructuring from optimization full-year
a less elements tax recommend $XXX approximately effective couple XX% guidance, a rate of including million we lower corporate to have than of of and reduced also We tweaking spending XX%. to expected
I'll with And Mike. to call the turn over that, back
