everyone. morning, good and Louis, Thanks,
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we still they While line from call. quarter during Industrials margins forecast in first last we tracked can where are earnings believe far this be, segment's overall with performance the shared our
was weaker. favorably more price/cost While anticipated, we than slightly mix tracked had
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demand, from the to North we'd by plus restocking. some sales increase first The to residential business, driven HVAC the Turning quarter was end-user XX% combination Organic America attribute which our in of up were primarily Climate year. Solutions. favorable a channel prior
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the sales in from up in the prior quarter inflecting as solar, business by and conveying for moderating supported in delivering growth our Solutions, gaining in compared to believe project in be aerospace industrial prior as X.X% to or up the includes in XXX quarter a very markets. business project and was to this we in Transmission year on Organic well are wins Operating we this first PTS margin the market. Headwinds the year, pressures XX.X%, in continues and with positive share Turning were To strong along oil solar strength the basis points gas and see strong in quarter segment. our China. demand level the PTS. Power demand, lumpiness for end record clear,
in favorable this benefiting reductions, at April, both, growth, profits gains all up cost in in inflecting the XX% leverage from Orders now business daily the on Operating wins PTS while up in and and Continued tracked strong XXX%, price margin actions. for the quarter positive quarter PTS. were of PTS permanent for nearly to basis. a a for contributed restructuring XX% reflection
broad-based, our being order cycle in first was and it's April As that activity cycle. confident channel clear quarter shorter other as but to the the restocking in segments, has partners in our started strength occur in
highlights. highlight A we slide, following for measures the financial of review. On some key your couple notable
to cash $XX flow a million, above is our the in year. net seasonality, of we the XXX% adjusted free conversion of strong normal context and or result expect First, of income, continue XX% for
sheet Second, ended balance net us moving optionality. balance the with continue quarter, on sheet outlook X.Xx, adjusted an the now current delever we outlook. quarter for our ample the at EBITDA And debt and to In providing last quarter. we're our to to giving the
year-over-year revenue move high a growth XX% XXs $X.XX, range. and adjusted the per expect second implies of This through We in XX% diluted you guidance over to XXX% to in range represent the midpoint. as leverage which would of at $X.XX share quarter growth of earnings
Regarding at the guidance not while full year, expectations. provide this high-level prepared we share to point, detailed performance we're some can
single impacts growth QX organic high year, and double-digit QX. from to strength low in in First, we'd tougher compares see to with the expect and for particular sales QX
cuts temporary furloughs Second, the pay did XXXX savings, of related quarter. majority is cost-cutting as exception permanent the vast the in second $X in of the we and with to resulting million in a reminder,
savings the which would when bottom assumptions communicated $XX be year. I million purposes, we of in to modeling modeling for included XXXX annualized XXXX. QX. that we some the used additional the of this we've take of And remainder that At roughly can million, during we assume cost result achieved occurs page, in radically actions last quarter, expect in as Third, will $X
cycle once for stakeholders, are for and thank deliver to Before Q&A, want associates. quarter in shareholders they to I I'll over on to moving turn our Operator, to improving back very progress our all Regal the strong of now results through returning execution And take the profitability customers, our our structurally Regal to fellow it of evidenced everything and business. we doing our again operator. our that, material ready associates with our first to questions. the key are