you. Thank
Ashish.
the from same $XXX primarily customer. year. in essentially period managed levels flat dynamics non-transportation market in higher results through solid the by million, our Sales markets, we quarter were driven as challenging achieved inventory we Overall, at last
and which by sales, demand exclude in recent sales markets industrial for of In in acquisitions term, quarter non-transportation sales driven performance. X.X% remained sales. the burn expect primarily to to were of the second year we the with the from inventory down quarter, the Customer certain we sales and continue Organic this impacting half down non-transportation customers. expect the short in soft in for transportation trend outpace margin the distribution
and our Inflationary partnership improving challenge some we areas, in be though impacts adjusting customers. continues with in pricing to a are
manage expenses We Operationally, consolidations. prioritize performance. operational are continuing to growth previously the time. to our enhance throughout we progressing are this our driving Work site and prudently improvements announced margin projects organic on is gross
previously substantially complete transition reduced will a consolidation. cost we as some now on is temporary Denmark cost we focus communicated, the reductions. With completed And to have complete next continue will as increases volume, site we Mexico Mexico be and year. our
is proceeding acquisition and partner a product with semiconductor implement We our M&A an growth. electrification, relationship diversification, in We well for to across a Maglab our application. deploy further CTS and advanced vehicle recently prospects to integration the The development strategic continue channel enhance growth line operating electric and appropriate seek organization. we with for the of finalized our capital plans for to system
Non-transportation second first year the quarter total in of business our of book and prior X.XX to an declined in near-term awards, of in of quarter billion, end Highlighting markets. base bookings, new quarter. and XX especially had strong medical. a and in defense, We added at electrification transportation XX% five long-term expanding the at quarter the growth was sales for from the $X.X in $X.X industrial, business is four trends, customer We future customers period. in in XXXX. up had rate book-to-bill the we billion One and compared new non-transportation the
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winning had in In ultrasound, team temperature our quarter was of recently sensing, medical for the telecom good a traditional application. sensing markets, Also current We sensing significance, we added a broadband multiple Maglab wins successful for award see medical and controls. in momentum.
multiple We as see minimally existing across applications, targeted new going added solid including applications. new we progressing monitoring, four development and Our control, continued and health forward customers expansion momentum new efforts therapeutics, customers laser and into business are sensors. invasive with
remain and in gyroscopes we We material applications had long-term and with the prospects in enhanced aerospace, wins for defense filters. defense We new quarter multiple end for orders the aerospace temperature given our attractive received RF capabilities sonar applications market confident and Across the sensing. formulations. and for
new working are a GPS We customer an application for in anti-jamming. with
defense applications. formulations to North leverage continue in new we as acquisition We America the and and for Europe are develop Ferroperm material testing new
are the ahead in expect markets, normalized non-transportation continued for of end we market industrial distribution customer the softness XXXX, as Looking inventory and end in rest levels
and high-quality term, and we and strategy. material enhance we key medical we will Longer markets line which growth in our know-how solid with our continue strategic to non-transportation prospects, diversification diversification our plans. end our believe defense markets, to in growth in-house support formulations expect to For continue good anticipate
continue as growth in as markets invasive and minimally Additionally, these we aim procedures. medical capitalized of as on megatrends to we in efficiency, the connectivity, expansion well automation,
period. second for anticipate be close to year up improved XX% up prior were quarter. the XXXX. mid-single sales automotive Sales We the digits to demand from in Transportation
competition quarter, OEMs. in we had North regions America. for We are European accelerator In dynamics and tracking Europe, market product X China, and categories second a transplant and across the customers. all with given our first strong modular both OEMs Tier the and share in In the OEM had wins between new and all with pedal OEMs we secured Asia, existing with accelerator modules, award wins local
and with Total American the both passive Tier Chassis of America European Across sensor from portfolio, to business the Height at North and billion in Ride and booked with Europe. North the $X.X improved sensor quarter first customers X wins end we OEMs awards $X.X had safety billion.
XX We business are in electrified vehicle of to Progress of vehicle having more the as on come light by revenue securing quarter. we driving our achieve from our XXXX. wins than goal vehicle electric XX% added electric continued platforms
award growth company. our platform to first Importantly, a we new for that want initiates eBrake, significant for highlight accomplishment the strategic a
excited transition the us. look electrification to As opportunity, we by we to our offers are the future,
cost increases footwell that space offering and expand introduction driver and we modules, the with a as simplifies the offering see Drive-Pad expect in vehicle products, accelerator for our We of to flexibility technology, our future control weight interface low the design and traditional where eBrake the product travel the a velocity our advantages, new footwell vehicle product customers.
increase We expect these content SAM other potential $X sensor to a our will billion. than of ability and applications greater with grow
be outlook our the full expect Summarizing single-digits. to the for year up we transportation XXXX, market
vehicle in the and expected range. down slightly transportation the for light European to Looking market is range unit the the are commercial unit remains at forecasted year-over-year. XX million China be The million unit XX SAAR the expected XX solid. is XXXX. million to unit volumes American in range in production market, XX vehicle North million
we Demand and diversification correct line the range expand non-transportation in the medical, more levels the with For base our of to We in and in to end markets. and especially in solid. markets strategy, to second half. to to industrial distribution. softness Inventory aim levels applications customer markets industrial, defense continue certain remain levels, estimate reduced medical applications normal remain is defense in and at this in the expected demand
previously that million diluted closer full to of the of we expected of XXXX, lower year $XXX to in the guidance and $X.XX In the of earnings trend to share results our million communicated range range sales $XXX issued we terms per in for end adjusted $X.XX. of guidance to
distribution the range to second $X.XX we the Given in million per of end the million half industrial $X.XX. for now share during sales the range and market softness diluted in anticipated earnings $XXX the adjusted of the $XXX guidance updating in of the and year, to are continued
through over detail. who us it results turn financial in to Ashish, more I'll will walk Now, the
