Page good and and the with taking use to guide slides to everybody. morning, Gerb, Thanks, starting I'm my us. Appreciate time going to I'm be the on materials. of you comments, those X
of $X.X flat and sales per business despite growth flow below have double-digit at flattish fourth performance in uncommon not earnings year-end sales.
Those incentive-driven see quarter. the XX% Hubbell And model cash share to It's our X forms action, in were billion in in of growth you expectations. growth this for distortions. strong free different can turned in can you profit, double-digit operating in, see the So blocker, the
incentives of particular, decision driven flow low-volume rebates and are not to volume-driven want well those as December some shipped bonus in exacerbated in as cash system kinds in after little their free makers put be in inventory and lead bit. Those orders there can years. formulas to the a be Specifically, and can
of organic a experienced good But -- efforts. we independent in think inorganic that net sales side, the the of some on December. contribution our from I So M&A on
sales which So exiting saw to levers and were includes but of the adding systems effectively particular, the the made more operational lighting business, sales price/cost that backdrop, residential than good provides performance in substation The to some market for contribution there. turnkey remind everybody up inorganically control, you just solutions pulled. productivity that in a
We continue to get price in the quarter.
and transformation I efforts side, well. 'XX 'XX years here the of really and think a And compounding impressive of the 'XX. margins benefit couple now between on operational So after portfolio those as
of So X.X points X.X margin points, saw nearly expansion. you
On the with XX% in profit. quarter. growth of $X.XX That is the an to in rate operating EPS increase XX% side, line
target the increases So the investments. I cash year XX%, for I of about continued which million, rate. neutral up noteworthy. our flow, think, absorbs delivered conversion a non-op free items cash note, CapEx And our the full were in performance quarter. in $XXX And think XX% this of the is It flow above is
continue and doubled. getting in important out high-growth years X CapEx investments the our to be productivity past us areas of the Those that really has for capacity over for system. driving And
those and that, cash think So give finance flow is us that free good are returns. and we projects good really quite helping
start protection our distribution where continuing continue controls. enclosures partially by the in product growth areas area, offset Control. as inventory of performance X. performance growth operational the substation transmission by the profit going let's in to weakness The X% XX%. in rationalization. where And and X.X the double-digit with segment, And and sales you the to margin the well also expansion. growth experience in down with we points see think was on we again, unpack driven And now to solid about and Systems utility I'm It's by operating segment telecom by acquisition of Utility can that products as were we're of supported and Page feel is I customer double-digit area
to and only that products utilities set in to isolate investor-owned distribution the starting specifically We believe is the co-ops. with and the larger as opposed that, munis
finite inventory year to see getting managing as narrowed not in operating issue at providing margin. that growth as can driven So the attractive investments dollars Systems area. XX%, price productivity but profit by benefits from XX.X% driven the and into prior again the coming really Control we It acquisition well up was of The new in of margins. coming only
allocation, highlighting underscoring you the of kind commenting fourth the the and see quarter. So segment can on here capital utility was helping really Gerben where in
to think about add I think X about would I sales the area. it's distribution talk that orders. important of talked areas products we in And note I
fourth for Distribution & as solid. And deliveries time one were the first for since December. saw to in received in orders on up in early quarter XXXX. area grid than the looking was We above we the queuing Transmission the that book-to-bill rather be shipments 'XX So say, infrastructure for area customers, the the
order continued our Favorable New into actually, through trend, January Year here.
book-to-bill the that we've And effects think here destocking are fading experiencing is of strongly suggestive that so been we one in the above XXXX.
the down The second is automation XX%. area of note sales being grid
think had of the the comparison -- of important year growth challenging I to out XX%. last fourth quarter it's point
backlog growth had been delivering and normal shortage. driven that the the chip super the on us breakthrough of So by
business. a roll-offs project some in had we addition, lumpy In
'XX. was So the first then in contracting. quarter also quarters of growth of the and X the quarter strong fourth We're strong compare expecting because
the quarter the expecting 'XX 'XX improvement then continue So balance of quarters to this we're of after of kind first of and that. in trend X through
the headwinds Page it perform on And the to pieces would lens illustrates we X, think We the of for despite And And with some image its tailwinds and headwinds. I of and back you pull thought we navigated this showing our think also fourth to the some that be resilience full to model of an strong year. we of quarter business moving ability and through. worthwhile and the a the we setup think utility 'XX. some you from provided
thinking our about headwinds is the that distribution So unit gas products. and which infrastructure page, the looking into specialty both on has enclosures business
you a to high-margin declines year terms, talking all softness business. strong percentage been We've about but been the in also talking We've about there.
that capital combination us investing the that high as margins. the the well substation see But growth Systems high offers again, the which market, Control significant and you to so allocation, And addition as underscoring in of about point leads of headwind there. Gerben's
strong and a business backlog And book-to-bill to experiencing 'XX. see us build. year backlog happens contribution so this growth unit It is for a really having a that and to expectations good And to gives that in of is 'XX you that high single-digit us visibility area be 'XX. an strong supportive
the can expecting managed see so about but its In the infrastructure. in in we the we a user temporary and down first of the end continued T&D from distribution from effects positive see having side Transmission strength its strong driven T&D contribution And contribution being year the so talked positive the substations, area, year. mid-single both contributor channel by inventory the second the and also you by and automation. you grid grew strength digits And in
and fourth controls that's strong There's how that the driven inside side. there. expecting of continue it's XXXX end the We and growth, to quarter, talked about and meters ended are it comm we're well. protection really and in the Those the products as into grid also
'XX over that we're years reminding feeling XXXX, the on top operating compounding we're that generating growth. profit sum, now 'XX. in and X for growth ourselves XX% again, of And So X% of prior
'XX, are price. the both to our X grow. relationships, We've 'XX. And time the think we we're high-quality strong at for in we poised customer shows inflecting is softness quality right we're the the And And tribute think, that think that got products position. those we and really to showing products, to getting temporary of customers positive the areas this quality and right
we a give is is utility. for you Gerben outlook, but So in to this us the going good setup think
back and of continuing of see resi. multiyear margin quarter down some a exclude points the [indiscernible] impact fourth line systems of I'm X.X the And you Page which see redesign really not strong and growth and confidence we The Electrical product with the is execution to profit and exclude a divestiture the operating you top some us 'XX. caused slightly drag QX that transformation control, segment X, and go strong unlike benefits a the where and also in of expansion. quarter of acquisition, Electrical segment and backlog going with So you is segment with in customer, PCX XX% PCX the about visibility to to our give perspective, when the the key this X-point when
also, we center renewables the on line, had system. But in balance of strength top and data
And the industrial very softer contrast would trends light to were commercial industrial. strong. and in that I markets heavy some Our of
to referred It's profile and and strengthening price a double segment, front and lighting resi of digits. the multiyear productivity come. benefit it think initiatives driven simplification improvements margin profit I business good operating that still its the has the the the Gerben to been exit up by of and in of efficiency
here So outlook a for we at year Gerben multiyear quarter we're strong our segment, feel looking to forward back -- Electrical map there's next to strong it for contributions share of a year strong turn road 'XX. to and and looking