Thank you, and good Darius, morning, everyone.
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provider X for all On acquire leading software sustainability of just carbon-capture new a serve control discuss in is technologies we an effective we process CCC primarily week. control in segment the to an bolster this and to processing, from solutions, gas machinery of Corporation, optimization short, cash Now, where controlled refining services, the with let's machinery Compressor including to announced new agreement exciting hardware, million turn petrochemical CCC, and slide announced Wednesday, acquisition transactions. to Controls and the emission. portfolio plant used the LNG same Honeywell's removal achieve turbo and will $XXX COX high-growth solutions,
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transaction. in the I'm M&A are continuously enhancing investing our We've have before new by have adjacencies an through active this said unlocked we excited and portfolio about latest that that pipeline, automation this is new we technologies further we and evidenced opportunities.
to turn quarter to slide results first let's Now discuss detail. X the in more
As first strong a Darius backdrop. mentioned, results economic a quarter delivered we dynamic despite
agility our operational financial enabled exceed us Our commitments. to
chain. we sales organically on PMT demand quarter strong in First continued improving where grew an X% and a with generated supply growth and improvement volume double-digit Aero,
traffic in In activity fact, quarter, the first of for X% volume impact business. an Honeywell automation overall long-cycle levels warehouse grew in our despite
first X% quarter. volumes were SPS, up Excluding for
sequentially, Our Supply constraint overall Aero long-cycle chain and and X% orders driven our X% strength by year-over-year growth. on PMT. and grew sequentially, our remains a and grew backlog in X% X% organically
However, positive our Aero across improvement, short-cycle reduction saw backlog all businesses. and output further we saw of
In we XX%. addition to growth, points XX organic strong basis margins by segment expanded year-over-year to
despite from us topline to the have SPS cost enabled reap margin as benefit our led base. in expansion Honeywell investment with to right-sized stay largest the benefits from the that of Digital continue the We pricing the through SBGs inflation the action, other curve the strategic ahead segment headwinds,
a Aviation, on at first quarter minutes double-digit up first spend let's business. led growth fifth the the in eighth quarter Aerospace by the least organic few XX% straight straight for quarter by and organically, Commercial sales quarter XX% XX% of growth. Now, of growth were performance
aviation particularly in repair shipments was flight resulted increased continued air overhaul recovery transport. aftermarket, hour in commercial growth Sales in sales, spare where and and strongest
quarter also were sales aviation higher driven convert double-digit, and our to and general increased increased to strong first by Defense volume. orders we able Space equipment original the business as XXXX Commercial returned growth book in sales sales. were
defense in quarter. the remained space and X in greater than Book-to-bill
modest enabled in us rates Aero the continued Improvements sequentially. and chain original XX% to the de-commitment first expected, As make in year-over-year spare to progress increase equipment by material supply supplier our availability lower from shipment quarter.
Segment higher our sales Our expected, high XX.X%, volume commercial XX leverage. of positive level, offset to volume year-over-year in plenty partially excellence products, remains unlocked. margin lower-margin be contracted Aerospace basis of original to by backlog equipment by and driven as points yet effort with historically
over XX% excited in in Technology where grew businesses, remain orders Performance Solutions ahead our three We of doubled expectations, Sustainable by across organically about Materials all led year-over-year. Technologies orders particularly UOP. traction our business, and growth
XX% quarter quarter double-digit the For with fourth organically all growth This sales, organic in consecutive grew double-digit PMT segments in the the growth three of of was portfolio. PMT. PMT in
catalyst organically Smart refining by pet-chem gas processing, refining UOP grew projects driven by by Energy. in the strength shipments XX% Solutions and quarter, Process offset and led volumes. and lower XX% partially in equipment grew organically,
the than sales softness In of quarter our in products Electronic more Materials saw fluorine in robust XX% another business. demand Materials, in as some grew Advanced we offset quarter that
disruption as of inflation, a lower-margin and contracted that XX cost to previously volume margin communicated by and our some excellence Segment products sales offset in one downtime, commercial partially of year-over-year XX.X% unplanned a basis plants PMT caused points result higher of leverage.
solutions by sales the Solutions warehouse led in decline Productivity were organically XX% and productivity services. Solutions quarter. and decreased and Workflow Safety and Sales
our perform in of at XX% growing with to than portion business services as margins. aftermarket sales quarter accretive The greater expected, Intelligrated continues the well
spot for And partially quarter, portion points business the trend segment a inflation. XXX offset a was XX.X% from actions excellence, the productivity and our by remains a to standout result Continuing SPS bright volume Safety as last Technologies and in the year, the margin on Sensing portfolio. of expanding leverage lower and commercial of once Sensing again in basis
in were to sales Solutions. resulting Solutions. consecutive both convert in sales quarter Products XX% Technologies, and fourth X% increased Building Services our Building strong Building backlog. the up for organic in also double-digits sales growth Building organically we volumes with in the growth the quarter, in quarter, continue In as increased Project
world-class fire the comps product although quarter, challenges. year-over-year portfolio, down improving chain strength Building lap digits we franchise. as were expected HBT outsized in stronger height continued organically our supply XXXX our is chain X% first Products year-over-year in grew from orders the organically mid-single expected. supply as than of to to Turning
segment While inflation XX.X%. to and remains excellence expand mitigate XXX challenges solution presented productivity effort elevated, to these by and our commercial HBT as our and sales mix basis headwind, strong margins, allow building us points
overall Robust Honeywell double-digit growth was supported of to the portfolio results double-digit growth be and ongoing is of due building. aerospace an software accretive Growth by indicator also continues industrial, strong across our cyber, orders. in connected franchise. in by power in driven The outlook Connected growth to strong Enterprises, future
in and great fourth Honeywell. per headwinds. pension X% $X.XX quarter high a EPS up share, earnings Segment was above growth. the Adjusted result earnings main this Overall, per year-over-year of our $X.XX excluding driver to end for quarter $X.XX, improvement profits of first in our share the XX%, grew guidance of the drove
this $X.XX Excluding an in the headwind pension added for a $X.XX a EPS, EPS found bridge share to other the XQ pension pension impact added reduced rate additional from the headwinds, by count A contributed tax appendix XXXX adjusted from This improvement excluding from below lower offset XQ of can was $X.XX effective the and XXXX and income. line of lower be $X.XX total of a presentation. adjusted year-over-year, $X.XX.
fourth We to negative which due guidance we billion in of of the our QX. quarter call. was for signaled settlements payment progress Reported XXXX, quarter for flow cash made on in $X good signed cash
million was cash increase impact year. capital, in net the Excluding improved driven favorable last $XXX from generated settlements, of $XX the inventory quarter we working first by balances. of up including flow more of these million free and payables This
to in planning and focus start. discussed, As a to a we are be we will off our our XXXX, performance promising inventory major cash contributor
differentiated enable our playbook the of us deliver portfolio and overall, strong operating to results. combined in come. cash drive growth So earnings Honeywell solutions, that, to continues compelling And with will quarters to for
second me Now full we Greg, it over guidance. Slide turn let our move to as and discuss to to year quarter X
