recurring everybody. here. I'm morning, Good are page New on comments start Hope those themes, here there the down broadly are the go results, the enjoying very across Nor'easter really segments. both Gerben. five, segment. starts breaking to Thanks, going in well three as It we're who in by area to York V-shaped and it overall experiencing they're with of recovery going through my as demand, you the which
pricing more by will the and physical labor is to that. disruption hear driven stick good talk resulting Second aggressive and great that as is about that's the inefficiencies materials, that's both the it constraints, and quite third And as demand, our it has coming uncertain throughout capacity getting our from inflation strategy, shift that harder comments. and you'll well traction and plan rates being makes to supply and of in
So sales $X.X for a on up the billion. results show over six, enterprise, to the X% will page
the than levels. it's of that There to sale think is here unusual for drivers important I more drivers - typical. sales of unpack me is
is pleased in we've both across very we the with quite So We're at that normal. these exposures, got starting have We've X% got segments. acquisitions with acquisitions acquired situations.
part components of the XG rollout. the gained communications side, as exposure we've On Electrical to
as inside of high protection side, profit as On distribution added the enclosures well area. and automation Utility capacity, we've area, controls growth, high
- So invested with we're we've that three those quite points, where happy there.
the In points there's piece. acquisition say addition I'd unusual that's price, to the seven of
math, you'll And you on down see in that the ultimately here. impacts as point do quarter so is and volume a actually margins has that some the
So, million, to and prior to cost price to as continues continue compared to profit, X% you quarter-over-quarter. price, we result going up get over the lower see and $XXX the the a being decline cost that's year the drive operating inflation of volumes drag, to
the the at that from is in the OP the inflation. quarter to suggesting we third flat, see to As is price dollars second we which look are incremental reasonably OP that quarter, sequentially percent incremental equal
of as expecting see Gerben we the that on soon inflation we'll fourth get in side and ahead that and moderation quarter. so as now as the And saying, we're
down below last percentage as we capital, business service recovery X% $X.XX. were quite a and where last to to heavily V-shape we're profit and side, And On make levels, with the million, very earnings different areas to and actually harvesting customers. receivables the growth sure you working on like the inventory case year's free see per our $XX we down investing in generating in similar operating of the this ability the the year's side, that's cash share flow situation support
in increase as cash single-digit think generation. we confident you the our see in as increase flow dividend I announced, full We week in outlook free of dividend, get saw You'll year high to rate. an all still the last
sign fourth our all flow for in and anticipating a strong performance quite that's you think I of the good of cash confidence we generation flow cash are free a quarter there.
start of in think to that million. behind solutions points let's segments. quite strength which meter got seeing seeing which Solutions. where XX%, to nice the is positioned increase into from quarter the have meter XX% the a to and applications. with meter our important in products strength Electrical Industrial, results We've X% some about our edge. team the X a can here, growth steel operating about sales really So front see Electrical We're We'll and we're drivers profit of business, And by acquisitions sales the the X% the Again, Industrial. And coming is $XX growth $XXX you led and heavy behind price, two disaggregate million the and we in X% the now on which of had to unpack has volume. side I in sales
of side applications Industrial markets been of I growth & verticals the the strength some you've noticing lighter Industrial seeing also got those the providing lot in business oil communications solar, of reports of steel some and manufacturers. there. profit think in the serving We've and Harsh on Hazardous a quite the also
been So the the the affected restructuring the of is been volume, operating exception as before, we've and price market productivity the the growth where of area, - seeing all across X% chip has tailwinds by We're business couple drop-through. Lighting percentage Utility business, team we've at inflationary projects neutralizing talked ahead to the margin volume of roll-out neutralized C&I to you had, the but restaurants. dollars those drivers leaves bit account effects namely little of Electrical little lighting headwinds. been a materials, with and of big-box estate material, an has growth projects is driven discretionary they non-res the volume. the driver has profit, The points a think, a and retailers a in which portfolio, But side team. segment. the the national quick-serve They've real in They've I gotten creating price and restart. here stop have important big also we've on the had on of When slow shortage their
getting satisfying and drive we customer there a in - profit. quarter. the the chain increase in Solutions costs. Utility the demand team quarter the the strong eight, and supply page On inefficiencies of price to But for results have for Electrical an our So
for sales drove the we to operating Again, drove points $XXX and in increase acquisitions million. X, of another just XX% to X X% plus in unpack under see price profit $XXX that decline sales million points. number, as a and You X quarter
our points. volumes there down were X So
two about Now let's elements bit Solutions little talk segment. the of different a Utility
as we well component there that and the ultimately of hourly the legacy resins orders, Power the be business, labor yet transmission those than higher as natural our would as the building shortages, is in sales some T&D going impact of and products. backlog area material business, strong component actually very business lines to Systems experiencing last capacity continuing of mile into both distribution, that, shortages, shortages. distribution the as area. of well First orders levels growth, supervisory components component comprised and Hubbell Notable the and enclosures Both gas area, the were and double-digit even at were gas
again, on The been steady very products Aclara products. healthy satisfy the improving, & order as able infrastructure We've metering handsomely. That's all which got Communications year. well grow advanced meters orders Aclara the to the continues ability distribution - their you've book and those all the of and showing had as automation very $XXX the million themselves, On side, team is the Controls, shipped the not affects get as a the quarter that, to demand. final out. Aclara a shortage chip to and assemble
points price the X the drag second drag headwinds the So that X in to of we about we've the quarter. And similar incremental price, about still that's there operating the getting again, keeps is of equal resulting the in to that material profit, gotten to the a points, it's inflation. team relative experienced
down And a and of from the to and in big lower Utility. combines waiting in volumes supply area. it's So that with catch drive coming the some of fourth profit inefficiencies pricing anticipating we're chain up quarter to that
So our side, it full that nine inventory together and given we price adjusted flow, year can point, to points exit for put recognition us be range X thought XX%. which to expect on see raised XX% sales digits And earnings to the would of has up $X.XX X net increased I of and we points of on implies sales quarter. think, you outlook. around performance double in the the we've we're and the Page and the anticipating picture third in a of be quarter. in We're an anticipating important there. that's to the XXX% And fourth close tightened quarter year, That's fourth in useful that to The at and per to investment earnings, the anticipate. of in share recognition receivables to $X.XX X cash acquisition we what
a that. 'XX. to you the for to think side, And we're share and right actions strong setting some at from experienced the the X we're progressed the point materials X That's rates. the to that's in On try quarter points And seeing we've we've price, in very about we second first margin ourselves third starts of of in see with drag price on points points good response taking points those from very been wanted as X with our inflation been illustrate The about you why up confident significant XX and to freight. a the inbound to and clip. has in fourth, to X pull it increases. to quarterly XX% We're a been stick the we in
see you X% price. year But be to ending that's price, a million in out. we that - flatten average, and as back XX% cost so the next cost $XXX a year. you see as tailwind And with magnitude can the of kind again, would of soon And that clawed we're anticipating pull having
to money. shortages that and the us investments more next And inefficient labor certainly contributions comes slightly wraparound You we've where can from basis a be points, up the get. both and got from our XXX materials and The activities. see and headwind this made inefficiencies price spending productivity, causes and last bar of level that with cost spend some at from savings restructuring has of overcome year. green we'll productivity lower year This of we
last had investment you, their end about can also restructuring are in going volume then $XX of this year. we share, million anticipating remind we around acquisitions. but earn to to we're And million the we products with year, Just at $XX-ish our think supplement that fair where spend
again, got up So offset the set thrown chain feel of at into and XXXX. headwinds levers disruption, effective us supply we management a to inflation for each that's those positive of we've us or
So with it back I'll turn Gerben. to that,
