Thank you, Bill.
with QX the coming the strong groups year X and to organic in better our adjusted up had to growth Turning than with positive performed than X. business in All We Slide finish growth performance had $X.X organic better end adjusted Total sales expected. a markets. X.X%. quarter billion, were
OEM stable, was In expectations. automotive fourth up the Consumer the and discretionary global remained soft. with IPI in line we electronics and year-on-year, retail flat, markets builds quarter, X.X% consumer serve was trended spending were
growth led by and in single our front-loading business, driven our continue where by an modest anticipated from digits, gain share tariffs. we up was Geographically, electronics high China, change to saw
continued digits, high digits growth low weak builds. in decline in single up macro and despite was low aerospace challenging industrial. to with down And environment, U.S. including a due auto single EMEA the single-digit The general was backdrop the
were due productivity dollar $X.XX operating adjusted and better charges, better $X.XX EPS $X.XX the $X.XX down midpoint by points more of recent U.S. was FX to than the headwind restructuring Adjusted and or XX offsetting driven guidance. the from strength. of margins was volume significant our lower performance than unexpected The leverage, higher XX.X%, basis year-over-year,
a for positive for each and consecutive the growth business quarter. fourth Industrial provide third grew growth performance out growth with will growth. group X. This Slide the Safety organic our broad-based sales divisions was I on overview posting X of in X quarter quick with X.X% of
saw electronics strong for e-bonding in body hearing We safety. personal and demand in protection and particularly
orders a and conductors high-capacity for from the driven power Asia was cable for U.S. growth large few as anticipated centers. data and accessories grid addition, in power aluminum In
body X.X% in of as repair. and Safety organic led For another with to e-bonding, add the accessories strength and granules cable roof continue auto multiyear were of by mid-single-digit Industrial capitalize the cycle. sales replacement approximately sales $XX year, on Roofing growth we year billion, growth
were sales gains. share in adjusted business and organically Electronics season the and electronics up driven The volumes holiday quarter. strength, by digits, high showed continued growing Transportation solid single continued consumer the X% through fourth
in was weakness down and reflecting again the business was continued light digits mid-single up builds. double OEM Aerospace while quarter, the digits, truck in auto car global
by adjusted electronics, had X.X% driven auto. of growth Electronics and organic aerospace Transportation year, and the For
strong share introductions Our product electronics combined gains. spec approximately drove sales market were wins from demand, that XX% up new and with
digits rates. growth in versus challenging the for again on was auto build year years, XX% up the a QX, double X% our And aerospace over Despite decline OEM past portfolios. focus grew the our business reflecting a X business X% and auto
the during Consumer for the products. up growth quarter, Tape Home and the protection improvement paint led Scotch by low up holiday Finally, driven fourth the to digits, X.X% single in season strength Business Command, returned organically. way,
more Business in in for mid-single-digit sales home was other growth And Consumer divisions. than the our to improvement single-digit with offset the declines X.X%, by mainly down low Command, year, low
year Let me full financial X. on summarize our XXXX Slide performance
quarter performance, year of the $XX.X finished fourth total growth X.X%. we On organic of the of billion back sales strong and adjusted with
our by guidance. Pacific, of consistent strength were with line our And business Asia up business. groups driven in in X.X%, we growth a saw our All perspective, from organic geographic solid in electronics
X.X%, driven was X.X%, up markets, despite U.S., IPI the cable electrical accessories and down home In by being improvement. aerospace, business our
EMEA and and to in auto the the was down X.X% builds industrial decline environment. manufacturing due weak
from This points, margins the drive service above volume Solventum by to benefits the our expanded XXX in end range basis FX agreement, was to offset guidance driven leverage, XXX transition operating adjusted and partially XXX basis cost XX.X%. productivity, growth and of restructuring, business. high of by points to performance investments reimbursements Our
for the of XX% our performance execution. EPS Over year-on-year at of year, was operational $X.XX and range. delivered up strong our We driven by guidance of XX% the high end
conversion, and returned days delivered X to improvement billion of we in cash of $X.X which free $X.X or Finally, included XXXX. XXX% flow working billion capital net shareholders
to turn as guidance. look we into Please Slide X XXXX our
X%, to to flow $X.XX X% per of growth adjusted basis. representing X%, growth free on sales and share $X.XX, organic XXX%, of of all expect approximately earnings of X% we indicated, Bill As to an cash conversion
groups line We to single business grow or above expect low macro. with is which in digits, all
We to expect launches. a in focus trajectory commercial service this levels be supported and improvement new product higher excellence, by growth on
largely prioritization moved going past amount forward. into the remains won't out our called that have portfolio guidance specifically We product incorporated is and headwinds, be small and
of Our range to relentless on a EPS excellence. growth is reflects focus our which basis anchored operational by XXX points, margin in expansion XXX
expected growth management. free be $X focus with approximately and to in working by line cash depreciation approximately operating of be is will driven income capital CapEx on conversion Adjusted strong XXX%, billion and flow Adjusted amortization. a
on the through Slide walk to EPS drivers minute a XX. XXXX for take me Let
We by expect nonoperational partially X%, that headwinds. X% by is EPS driven performance offset of operational growth to
restructuring that This We productivity, growth. EPS $X.XX net costs. more contribute will focus and than and growth growth to will or to are excellence to XX% our investments come operational XX% volume, on from adjusted stranded confident offsetting $X
$X.X items, approximately to expect half 'XX for $X.XX, expense, partially strengthening U.S. non-op other net dollar pension a the FX be by offset program gross headwinds to interest We below-the-line repurchase billion. from and approximately due buyback. in including We of share of the recent and plan tax, half share from
growth. Putting capital together, all EPS performance to strong expect we deployment and operating this drive
we the first second the about equally EPS historical expect split the think cadence we between be to trends. through in line As sales year, and with half, and
QX, to grants, the we reflect to be earnings annual last the first equity Within expect were sales will QX. deferred similar half, QX growth to which year and
being earnings being result that improvement we Solventum last we between as in the the And items approximately expect sequential halves. will to spin QX QX lap earnings into with equal similar This year. of X
growth another acceleration, strong our strong to want to of in with the year $X billion. And for return XM shareholders deliver take cash I a to XXXX strong excess thank moment the team I'm finish the to to and ability confident margin year. in expansion in our
open let's for that, the With questions. call
