you, Thank Luca.
was begin with driven primarily organic QX XX% strength Motion of revenue auto. by in me Technologies. Let growth
sequentially auto points OE points XXXX. Segment grew QX volumes to versus margin and by momentum strong partially points. versus from QX over productivity basis last XXX prior year costs. Friction and production X,XXX higher by global benefits, X% mainly we higher XX% XXX forward organically, Our This basis due carried QX and offset as commodity was basis expanded year grew XXXX. outperformed
triple-digit higher and margin margins. with pleased KONI to are to grow efficiencies from and at Both delivered and We very we volumes, expansion room see more performance continue Wolverine. operational these the
XX% gas revenue and For down organically, was declines, driven in primarily short-cycle Industrial by and markets. chemical oil Process,
to However, X.X. see QX in orders a strong continue we steady from with growth and short-cycle X% sequential progress book-to-bill sequential of
America. East to quoting in continue customer and North Middle especially activity, see We the healthy
we have sequential bookings. fact, QX the lower seen In strength versus
segment a sales $XX we Margin to significant quarter, of of million in which sourcing items, operating represents declines basis by sales. productivity cost to our as growth of volume. project order large XX.X%. favorable slow. XXX This the this IP and taken and lower driven XXXX million mainly continues actions expanded performance, be income saw record benefits, nonrecurring expansion decline $X more in However, margin on offset points than collectively spend global including was
As by teams the manufacturing our progress really Falls an last example bottlenecks output. our were when the machining IP, pleased to and we we engineering Seneca reduce visited deployed in month, to see and of accelerate site strategies
And IP. continue a drive optimization. footprint project third this to We in announced quarter, consolidation further we
Connect and orders progress. generated sustained in Technologies, Lastly, we Control
prior was distribution business up by Connector Our American XX% continued X% strength. North and sequentially, versus driven year up
passenger lower on As traffic. weak expected, continued sales aerospace OE commercial production be in and to
We structure aero XXXX. lower the second by was begin of demand the reset in half margin up expect in pick to XXXX. partially decline will cost QX, remain the benefits of CCT of volumes, offset in that our aggressive will low result but
intimacy. delivered mentioned, excellence improved Luca are decremental of improvement to in MT's a QX. improved customer as delivery playbook we CCT from we floor deploy productivity on-time XX% much early As operational margin seeing in shop performance signs we and And
the As a impact reminder, businesses, COVID-XX early for QX was IP and both pandemic until CCT the our XXXX. of minimal
compares in favorable QX. We peak to expect
for EPS few a on the additional comments Just quarter.
the and also of foreign from lower to Act headwind Partially higher-than-planned addition the offsetting XX%. benefit corporate tax roughly share from costs, a currency. $X.XX count a both benefit was we effective In saw a CARES rate
the in You our will an our walk presentation. find EPS to XXXX QX of explaining performance back compared
our Let's Slide to X turn outlook for to review XXXX. revised
semiconductor of is global auto levels to to Our albeit are by remain show increasing, continuing Global inventory relatively the signs recovery. markets constrained production shortage causing low. end
in QX, challenges in strong our that XXXX. Process Industrial in America demand in that quarters, and into showed rates signs primarily short-cycle to of expect despite few and that We will businesses, in be XXXX there Europe April some orders especially continue material We headwinds demand and to raw costs. line the related recovery supply from is has carried and next rising in run pent-up expectations. Weekly North encouraging with over Connectors, are believe chain
end performance QX than is and outlook our Given we momentum anticipated favorable more in markets, in certain February. our
that Connectors continued aerospace. activity will from growth declines in stemming be pump as expect commercial in growth well as auto Friction We in by and share the partially offset stronger project gains
is commercial recover in air year the that begin second of half passenger Our assumption to to aerospace as traffic may continues increase. the
from productivity are QX. anticipating our expansion addition our basis XXXX, in in for continued adjusted expectations a generation the in segment to range We initial in reflects recovery increase margin our not by stronger-than-planned with outlook. and higher gas The points oil expansion and XX consistent volumes margin across
to raw material driven lesser tin. extent, by and will higher this copper offset costs, We partially expect steel, by inflation a and be
our see this XXXX. you trend the for the $X.XX incremental global from on As guidance will will Slide to impact remainder revised be assumes $X.XX X, of
optimistic we continue to remain our strategic through demand team's However, to in this ability generation. pricing and mitigate impact
We continue to throughout this the monitor closely year. will
Our midpoint our the which of at revised a $X.XX would above $X.XX XXXX. $X.XX, us improvement to put reflects EPS guide range
other to note. items Some
benefit the contemplated of U.S. Given currency planned. dollar, the strengthening than less our is foreign guidance the originally in
This rate from by tax approximately share will expected in be XX%. higher effective QX. execution given be the X-year offset is partially Our a repurchases to now slightly benefit likely
X-year X% continues count. weighted reduction Our to in a also of guidance share average assume our approximately
expect $XX midpoint reflect the to our million XX% flow of now cash income, higher of to guidance at raising We operating the we impact by flow free free are XX%. margin and cash
working Our investment. outlook will higher growth require capital further
XXXX sales percent year the However, and we the expect revised the term. On at Slide a of as our guidance. let's over working capital EPS to of components look continuously decline X, during adjusted long
raw growth can our will see, and for by from earnings growth. incremental generated investment continued majority and volumes be material the the net headwinds As partially you rising by of productivity, our stronger offset costs
the Before I XX%, thus sales what XXXX. incredibly driven the strong we're strong semiconductor deltas to global in QX This I detail want The given likely MT's impact chip to easy growth be Organic by second quarter far turn pandemic quarter. will Luca, the on expected by of impacted performance is it back second to shortage. XXXX an over some compare. share above in the in and will be partially look seeing
to grow mid-single The with IP's digits other expected strength segments in are cycle. anticipated each short
quarter will sales has be perspective, growth outlook Our for orders a CCT. equal we look above half and the CCT expansion significant to second second higher year margin expect lesser quarter and which and several by improved, of QX be of representative margin second of drive of we The On in comparison. slightly be given XX.X%, is the a should total strong QX. believe more dollar will adjusted expected driven XXXX, hundred the to organic Connectors From MT The a similar per combined the XXXX. XXXX productivity and ITT or a may very extent, to adjusted is points, impact share growth. slightly strong earnings of in basis, basis segment sales below
remarks. let As comparison QX XXXX that, Luca in of therefore, especially the have With a for back quarter. will reminder, it fourth to pass was closing tough me a we strong,
