second EBITDA result for and a our Slide operating the each quarter sales snapshot On of Marc. Thanks X can you see of segments.
and GDP move I our leverage. targets: for two of I performance a clear GDP. detail, what current X%, our the into Regardless Before segment medium-term short view target. of global is XXXX, want a was global it’s on financial revenue your assess growth to which medium-term be organic that medium-term target our this organic X% of set of We will growth operating for sales based of year to opposite X% performance well
expect down For organically. the we our to be sales slightly year,
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to to right move direction. our taking committed we in the have are performance We set targets meeting the and actions are
towards will is us growth. we biased spend Our accelerate our continue to allow high-return to high-growth, areas believe that innovation-led R&D
our We Non-Core, are separate now is in performance. Once our expected portfolio actions a to taking are these also improve in underlying complete, which results. segment reported alone actions
segment Non-Core negatively the to sales expect we XX XXXX, about For our impact growth by basis points. organic
leverage. also me address operating Let
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with Slide & With Imaging me segment some that, the details X. additional let Starting Electronics results. on provide on
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of this launch the growth we Looking the Solutions also later year soft anticipate models business conditions in forward, continued new see we our semiconductor phone expect in space. market Interconnect as but
across all margin the Biosciences pricing Slide points and can our on basis businesses. cost X, gains and You delivered XXX which of results on see & synergies EBITDA Nutrition expansion year-over-year business operating regions of
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the to to We innovation-led spaces drive growth. invest will our R&D into exciting such microbiomes continue dollars as
softness short-cycle and shows mid-teens weaker demand weak global additional percent results to where U.S.-China down also driven E&I, to volumes market weaker exposed & and segment the China. into tariffs. businesses, a Slide continues T&I driven primarily where Similar trade by segment. to is mostly for autos Europe, by were conditions Transportation X export the electronics Industrial the macroeconomic led demand This of our in
In and will decline were year down of anticipate versus the basis prior versus by X% X% period the decline, sequential offset will normalize sales volume partially billion prices organic with gain and modestly strength. $X.X we half, T&I year. an year-over-year pricing XX% diminish supply/demand the on pricing second ago balances
declined $XXX and Operating price headwind with of savings. cost lower offsetting currency synergy million and a volumes more than increases EBITDA XX%
polymer levels quarter, third quarter, out demand we as normalize the result China inventory environment continued polymer the improved by inventory chain. For and volume in anticipate destocking Global in the electronics similar auto lower auto and with to a year-end. of ongoing levels second of in we expect and distribution a weakness
which offset basis & of of on points $XXX be EBITDA We Safety coupled led $X.X million, improvement anticipate margin lower billion, X% X% an by Net sales demand The of The up results on year. of action. operating up shown additional EBITDA partially the regions was prior high XXX gain, construction Shelter pricing led with XX% America operating across all our Construction are X% X. gains in business X% productivity will growth all organic volume included to Safety The organic basis, growth and Slide water volumes offset from businesses growth by which Asia Water residential was lower Solutions growth continued the a Water the Solutions. in Pacific. in in in and This led included on softness by market. business, Solutions North was by single-digit
Growth improvements in productivity synergies, businesses, volumes Water led Safety more cost water local was and by EBITDA where headwind. offset in and a operating currency higher than price gains,
for improvements begin As year to prior as lap to anticipate to we half our second of increases. the Safety we look of price we & pace many price the Construction, decline
and will impact in which several back the earnings. both maintenance our have the shutdowns planned also half We volumes year, our of
me with XX. sheet few Let capital on on comments Slide invested wrap on return balance and the up a
is that few nearly year-end million funding $XXX as at including final see part remaining items, the Swiss before this into a which with planned separation. structure our pension, a is our You’ll capital of point
a higher stand-up receivable increase, required driven the to year-end our greater the activities did quarter separation. our typically the but inventory weaker of we accounts primarily was of net demand due XXXX sheet. normal second of end From a higher intra-year part perspective, as billion. quarter use levels in a was At We balance capital see working see $XX.X an the capital than June, second increase due and debt by versus to
$X working opportunity to of see billion productivity our line continue year-end. working capital expect more We and to capital in bring by
part We week. of will will filed be flow next publish as statement which XX-Q, a the cash
However, it their results until of includes Corteva and up the separation. Dow
meaningful taken This we and midterm invested have organic put an above the two will have this across on Return about we of we revenue XXXX, help place basis metric is shows and to financial now sustainable embedded point of annually. XXX beginning spoke drive a our company, have basis which make that well operating earnings the third growth point a targets: metric growth. DuPont, mindset for driven improvement target leverage. capital XXX actions ROIC financial a have is improvement. I necessary And the since performance stated and in of Earlier,
I’ll now turn the call over to Ed.
