been the revenue I'll slide and these linkages between since X. two on years. trajectory metrics we've slide for on expected discussing and bookings, brief I'm Okay, nearly of this be backlog
$X.X normalize. billion remind our while as everyone as that drew First unprecedented demand the by than order resulting were supply driven higher advance surge, backlog time bookings ship constrained bookings roughly year that in well requires XX% to XXXX customers unwind revenue and post-COVID an in required to that chains in of
double improved. to in out the Importantly, has been our X% bookings CAGR we surge concerns depleting we ordering in been fashion an cancellations orderly And did XXXX. materialize. If the backlog XXXX from post pandemic bookings as smooth times lead and about not have product
segment to go Slide we XXXX. that Let's by our X for here, underpin guidance. growth outlook and show margin the
is We solid. our still support to expect high XXXX to hauling not has Pent-up vehicles chassis due and Engineered remain Products demand automation to waste recovered Despite levels and availability. pre-pandemic our in refuse shipments collection outlook. initiatives demand, robust
investments taking vehicle solid cost from margins in QX performance and group start Products tailwinds. call in benefits positive excellent is slower services XXXX on Engineered an productivity in a our recent capital expect we volumes in forecast improve to and XXXX price hold After
for trough with the clean XXXX, of gradual our other growth particular through the single recovery demand for be Fueling expect bookings for year. digits to the grow which in QX organically in dispensers the business positioned expect segment year. we second is Clean Dispenser to are with businesses Energy normalize, the during to & the remainder expected we All energy in due be well half beginning to strength weighted to components.
and to see We Fueling above is For & the consumables for enacted Clean is new year mix ground professional improvements and strong. services for expect growth bulk and Imaging and the margin recovery, and GDP fueling. steady robust volume also expected the and Energy & and restructuring brand trajectory serialization printers components margins. we in outlook its actions improved recently demand protection ID continue software and attractive
remain Margin in organic as we process XXXX. to We pumps them and business to robust flat solutions. as are such and expect project growth
thermo is all hit excess worked polymers, and and biopharma to through Our precision and in growth. first and are industrial as plastics customers positioned volume repurpose components bottom margin inventory. connector quarter businesses in for The the business solid and its components expect pumps
full and see our biopharma be to and year to may beginning are forecasts We prove connectors, conservative. encouraging our bookings signs for
single regulated active and of compelling. use of an cell new gene long-term importantly, outlook. drug And manufacturing for biological specified we with to new are attractive components growth and products tailwinds therapies therapies. win and pipeline biologic The of manufacture our continue And for remain specifications
plastics Margin ship for and be level solid remain China, higher outlook as product climate second roughly mix slower for businesses strong and the and the from quarters geographic to expected performance levels. against lower for unfavorable in on a backlog our flat technologies sales and with sustainability Growth to polymers. first in is continue year biopharma mix from sequentially
both for continued natural in are and We forecasting exchangers heat growth refrigerant pumps. double-digit systems heat
Our making margin expect productivity in and booked businesses gains volume continued XXXX mix. and conversion, XXXX improvement beverage well into can on
Move XX. to on Slide
capacity numerous our return which represents a allocation and XXXX business, investments reinvest our our record capital show for CapEx highest performance Here with priorities, represented we the in investment. recent expansions against to priorities our on productivity completed. recent
We significant acquisitions five entering growth. XXXX. attractive will pipeline continue improve add million acquisitions efforts portfolio highly bolt-on to We to firepower in with XXXX. We're invested attractive carrying secular our our markets into by a into in compelling M&A new $XXX
as we our opportunistic. Finally, in and dividends excess increased liquidity did return shareholders we to will XXXX, through
onto Slide move Let’s XX.
wrap year may develop. up, year For the on environment full the a get few into we make macro guidance I’ll view of before the and comments how we our our believe
problematic the causing camp far First actions foremost, hand has and in Fed of but that a hope here. the economic inflation, in which be the forward to Fed further the is enough from lagged and the efforts the believes are can cautious effect gone had growth. We going had tackle support we to that we large
generating to largely as repaired. to And is lead Market demand likely participants manufacturing their quarter a constraints and that with as reflect first logistics demand this the decisions are such, cautious have timing of cautious recognition stance. there be expect been we times
to liquidation revenue reflects We balance from to HX for be of and our quarters cash three the and seasonality and towards flow weighted two receivables inventory expect and earnings XXXX. year as weighted to in sheet
share Despite win push the goals remain of will to our macro, hard demand. ambitious, uncertain we our
have would win. We our right have to work we and to done a products we the of believe improve the performance lot of
portfolio opportunities. the significant We with projected have and meet to capacity secular demand of proactively expanded growth areas
let guide the performance perspective. term longer of now me EPS So put in our
capital objectives a EPS mix balanced of creative Our cycle delivered value investors through growth for healthy double-digit revenue our growth, through accretion, deployment. margin
continue delivering drive continue thank have that customers that our led We I will for to to to so. trusting on the do and drive across deliver to commitment, had equipment businesses been to want we And road. their to to Dover world teams well grateful and needs. customers important despite challenges I'm on various execute Dover along serve that continuing for the to our
That's completes the comments.
questions. let's to go So Jack,