Thanks, Mark, everyone. and hello,
compare, Sales core X% start a of with to quarter peak our related headwind guidance of Slide a the the Let's On excluding approximately $XXX increased quarter baseline off a core low Technologies. the EMV range, towards end X. of on against baseline basis, EMV X% results in year-over-year growth the declined sales led on double-digit Mobility for compare. higher by basis the the quarter the at summary fourth million
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representing decline within guidance Fourth also conversion XX%, on the year cash Full quarter working our cash leading year, management, of was conversion $XXX the million full a range. increased to nearly of with up over Moving million, million cash the flow the was free and Slide primarily flow half flow cash operations XXX%. on top $XXX free balance to of adjusted XX% inventories. to free free by year prior $XX flow adjusted Cash XX% capital flow driven from XX. in strong sheet
in With net to addition cash of year XXXX. flow divestiture pay free stock. million GTT for target us a generation enabled our in and Strong in material XXXX debt proceeds well to the the ended we leverage $XX deployment earlier versus in a in the repurchased $XXX strategic year of in million X.Xx, range with and within this, the ratio improvement year down X.Xx
debt rating and remain for million As committed to investment-grade our to pay we another ahead we look $XXX XXXX, plan credit in down.
returns-driven capital evaluating We will and acquisition maintain opportunities. additional our buybacks focus on allocation, bolt-on
baseline to eliminating we the outlook on metrics. Having Turning XX. successfully the navigated Slide EMV compare, are any core reference to
sales forward, reported Going core both we will and issue growth.
the expected year we $X.XX core industry-leading the continue have strong in solid range the underpinning of trends contribute growth today, of growth For billion. to ecosystem, X% revenue All of expect segments XXXX secular X% to $X.XX the of to revenues in reported we operating which the are mobility billion full many talked XXXX, about to as further our advancement and solutions.
XXX increased year business, innovation. of operational points, of as Adjusted adjusted in will basis would year Invenco and strengthen R&D and margin reflecting well EVolve of full the XX continued partially $X This $X.XX. offset accelerate EPS all our solid and market by execution, DRB to reinvestment include as industry-leading expansion to expect We expected of fall our at operating another to position growth. is which range
normal a Vontier. operating in expect to the XX% range We of conversion XXX%, cash flow range free for
to assume support this our in growth a However, modest CapEx does increase spend outlook.
in We this appendix some assumptions P&L deck. to with of have our us provided relative other guide the
be tailwind headwind of $XX on to interest will paydown Based additional for plan walk a to million expense $XX at briefly. be Divestitures will few assuming debt of nearly full the million for year-over-year current our million. a Just rates, and those through $XXX a year.
we actions in planning between should and shares. tax XXX the share tax the year model our for With fourth taken million And approximately an of XX.X% count quarter, rate XXX million outstanding track full to the XX%.
$XXX of to to per million of share million of and $X.XX. For $XXX earnings the the range in expect adjusted first quarter, to core growth on revenues X% we $X.XX X%
the and perspective, historical XX% approximately is year, profit From with expect and in line be respectively, norm. to of operating we a XX% full seasonality our sales QX which
year, For in earnings Overall, also our be outlook total the Vontier. around expect we second the to line strong we another back performance Mark to the believe half that, year, for to up. over seasonality. with our With full of year historical XX% reflects I turn will of call wrap
