and good Ed, morning. Thanks,
excellence, and clearly business. XXXX very that demand in sound our significant the total in I'm on quarter results building end inventory destocking team's the least November. by year.
Like in financial Bayer the productivity but Ed, encouraged China, impacted and customer markets. bottoming margins feedback also demand flow clearly has based substantial direct channel first restructuring I'm million continued to minimize realized Our approach cost improvement.
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Our forecast assumes earnings results. the back second cover recovery the I'll progresses year with but sales year-over-year followed total first growth the in return bottom half.
I'll company a as the current to in first, our and for by later, steady quarter come the to outlook
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remain and recorded a [ long-term the in merger. balances our marked with the write-down, and offering and legacy maintain Despite the positions the DuPont were protection brand value DuPont As value ] Dow of reminder, and in fair market-leading confidence significant were at carrying the goodwill liabilities we strong. assets intangible connection
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guidance and expectations. X. to first Turning year Slide quarter review outlook XXXX I'll our full
about as absence our in expect trends seeing million. industrial-based vary includes of wire the XXXX, basis, volume of quarter EBITDA quarter solutions expect operating into we progresses, by a timing China decline $XXX the of which is first On operating continue businesses.
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within that outlook safety period of costs new quarter capacity W&P the impact to well volume. and impact first also primarily related lower as includes further as The certain margins
volume packaging, mid-single-digit additional in restructuring impacts XX% this sequential we expect and reduced driven increase [indiscernible] growth recovery EBITDA Shelter. ICS quarter, operating assumes volume benefit approximate quarter. from should and second improvement destocking EBITDA of and sales in medical from first the seasonality and electronics solutions improvement in This realization For cost by inventory savings. continued favorable Sequential and
full market billion. for in channel continued net growth abatement utilization driven $X to businesses. our and with XXXX, expect between expected in half billion $XX.X we further sales be sales ongoing billion recovery, be Year-over-year operating be For year the and second improvement $XX.X in to destocking EBITDA along is of and $X.X fab the billion electronics PCB to with expected utilization semiconductor improvement within manufacturing including inventory industrial by ICS, between rate
ongoing For alongside second well as cost volume include as half savings. benefits realization mix earnings, drivers above improvement outlined expected of
neutral to net price by costs. also the Our input lower includes a year expected carryover slight are from cost current offset as declines benefit for price impact be outlook of the
$X.XX in higher which are income, benefit a and EPS to to of We a to rate mostly is over turn count year our adjusted interest Q&A. expect range higher the on lower the $X.XX take your lower that, share, by open the assumes as share we questions, operator full back of per I'll depreciation detailed outlook slide.
With tax and pleased the it to offset
