is our everyone. talk Slide segment our provided you we reference when results. we Thanks, as which we XX, this be you chart buildings business, of quarter thought the that would George for and breakdown morning, point through good last on the provided same pie Starting a useful we
the as you from of included with point So, details divestiture. results a EBITDA at and the products sales XX would margin increased move with X%, building get field consolidated through the year again, single-digit let’s Safety. expected see declined performance the single-digits QX. the I headwinds, headwind but about consolidated here in say good this billion a keep to I will organically move our year-over-year X% into XX.X%, year results XX on talked $XXX And prior to prior Buildings of buildings QX basis growth X% decreased look $X.X call versus as in range. Buildings QX of as on just basis. of through go Safety includes and mind million mid into points low in Scott as Total we we building we we the XX much momentum came quarter Slide a but Scott the the pretty and see the and EBITDA growth the in basis
So, basis on margin basis, XX as expected. we EBITDA a declined points normalized
benefit than cost incremental from can and of the XXX see well save basis productivity of volume lower line offset QX in for the by product basis as last synergy points margin price capacity, in generally points sales margin expectations the quarter. backlog, was pressure more as headwind all XXX combined from waterfall and you You set we conversion with cost the leverage of in and investments that
Looking do will headwinds anticipate these we to QX continue.
the throughout to pressures sequentially move should begin these as However, year. abate we
increased backlog by including very billion. year-over-year X% up As total field George strong $X.X mentioned with improved margins orders X% to
Now results. in of each to order segments more within our individual reportable buildings provide let’s each segment’s on transparency review
a revenues in mid So and and commercial single-digit by America North Solutions Building headwind North as $XXX America, a moving businesses basis sales synergies controls point additions headwind led field lower solutions from growth solid points and America grew increased and Slide organically in conversion from was more a and year-over-year margin to our in leverage. the businesses, flat basis million EBITA volume growth on offset billion, North modestly adjusted of margin their XX productivity to backlog EBITA Orders and $X sales high declined in X%. single-digit XX our than fire security and benefits HVAC to basis X% an XX XX.X% of quarter. the force declined
we saw led driven primarily by conventional retail quarter and the installation strong During intake, activity. security our HVAC order by integrated business, higher
business against which as primarily growth, an easy compare. know had strong year this was but contracting solutions Our also was performance you order prior
was underlying to our see pipeline, trends America was in at and end expect X%. in North the order QX. up $X.X Given continued opportunity solid of Backlog we billion, which growth the QX
and and we and to East solid broad service grew our in HVAC million $XXX EMEA/LA. controls points volume security, based million X%, in across Continental driven the cost let’s quarter Adjusted $XX by XX So with East saw America grew Orders EBITA security with to the primary backlog in increasing controls. performance commercial synergies Slide for Europe modestly strength leverage. increased increased well in Latin fire billion. regions. projects. XX $X.X installing X% of led of by demand X.X%, Middle move solid X% in HVAC organically EMEA/LA fire as Sales the Middle to in expanded and X% across growth and across three and Europe margin experienced primarily EBITA as modest to strong and and productivity basis
field EBIT declined to million Adjusted from higher competitive XX, to volume savings that margin XX item China points like negatively some and a to and productivity actions. point versus basis in related expect point would look X% going businesses are APAC adjusted points, of this but pricing headwind in that One that out pressure does foreign pricing the but China impact as increased year. margins $XX basis $XXX X% currency. into XX includes activity is our leverage. to in The do due quarter. offset primarily organically, I quarter and cost continued million to margin we underlying basis work We Moving increased increased Slide very QX, well the XX cost did with EBITA as prior on of we to sales modest headwind the reflect to remain in service synergies
a with Asia-Pacific solid billion. backlog India increasing growth increase X% strong by orders XX% increased China, in in service and bookings $X.X driven Northeast Asia our including to
Slide XX chillers. refrigeration again and refrigeration across and to turn strong let’s single-digit a large $X.X in tonnage growth specialty products. X% Now mid all sales organically our to grew billion global increased products and HVAC shipment for single-digit on both HVAC with mid and with applied HVAC strong across range, and business equipment, small management equipment, geographies growth In the building
ventures I the VRF China strong bright in double-digit we in single-digit thing would also that business would growth joint be where like that other Another out growth quarter. is saw Hitachi our point Asia, spot our in to point saw I out mid unconsolidated the in And organic would the quarter. also
divestiture. Safety XX%, and but the detection points, reflects basis commercial resi year. Safety. products special points EBITA growth in attributable growth fire Mid impact Scott and HVAC single-digit driven tough of fire security EBITA that margin but was compare controls the in of and basis buildings segment led primarily specialty single-digit for the equipment, The equipment. $XXX we declined increased XXX million saw growth light prior Moving by versus remember XXX to of was Scott low and building in to and declined the this demand products by decline hazards Segment again management reported
and points product cost margin basis as XX% products and offset the pressure. and was leverage basis the to of incremental points price XXX and volume related to synergies declined about points to benefit by related underlying segment basis productivity XX So, cost XXX investments
turn let’s Slide XX. So, Power Solutions to on
and X% Shipments solution the than both The and shipments actually of X% declined of EMEA XXX less a by auto declining decline OE in X% and with point was as aftermarket the battery OE overall impact costs decline declines than Our Segment Americas offset slightly logistic organically savings were to declines higher with in favorable grew sales in Global XX%, favorable we production. planned mix than aftermarket. up in declined volumes. billion the roughly includes $X.X were start-stop price was margin XXX million unit in offset both X% in quarter of launch margins with with was the mix and forward during declined market Global year. costs tough year XXX startup but of up EBITA of declined investments channel channels. we higher we a in and QX. China and bit of XX% X% shipments transportation Once basis prices. of warmer this that a Power’s and we strong aftermarket underlying again, X%. fourth quarter the saw the basis and as with batteries pull compare, increased units weather start-stop experienced quarter a saw FX XX%, growth points and last points led a of and the in increased the and product more on basis to demand productivity expected by $XXX costs prior growth OE bit China another strong highlight
fuel seeing Mexico costs freight the particularly hurricanes. the definitely of as well costs, ongoing in U.S. impact unfavorable to the higher in and mix due are as We and lane higher part
$XXX million Slide to entire $XXX target quickly we and corporate moved range the to year-over-year to a year. XX continue X% million $XXX of for expense, million Turning we down to
normal which quarter, Slide to expectations. flow. let’s $XXX was consistent plan on of with outflow move with cash and million Reported patterns and an So, is under free in cash the free seasonal our XX line in just
was free $XXX an of million. of Excluding about million integration cost, outflow $XXX cash adjusted
fourth in was call. million refund we received As that $XXX payments about million talked the tax quarter and $XXX the offset expected, our we tax by in this in planning quarter
conversion focus external the as mentioned, well management top free am created cash improve have as capital working flow flow higher move will closely identified through a cash on with office newly actions the accountability company’s our and is and cash improving year. our cash we we that George specific trade flow QX, working free drive As In established I roadmap advisors. clear and the priority with as
excluding last adjusted conversion free deliver to we are plus we quarter. the on you XX% XXXX, For communicated flow that items track net cash one-time to
sheet the ‘XX. XX, down of debt is $XX.X billion of on net billion fiscal the versus Slide Turning balance $X.X end sequentially
Of course billion the proceeds the the transaction. of pay TSarl from the the net biggest $X.X was driver of Scott this decline cash debt down using
as as we purchased in assumes of fiscal QX. maturities essentially for the In rate also of proceeds an term-outs the dilution. remainder repaid the $XXX ‘XX we $XXX debt for in We effective In for X% XXX nearly addition million euro debt paper. December with million to these well a X and environment X.X of rate buybacks million of issued given years. early to interest term million use of In outlook our positive recent fund the still offset we shares quarter total commercial a in
interest few reform to Finally a which on know is of Slide minutes XX tax I to spend I wanted U.S. everyone. on
$XXX took our re-measurement $XXX of one-time of a reflects a for on tax a deferred a benefit one-time million we and This includes provisional impact the of quarter unremitted related of million charge the tax estimate of earnings. of the million which non-cash preliminary liabilities net reform tax we fiscal our estimate also took ‘XX. U.S. in initial net taxes During foreign $XXX to charge tax
foreign us on for X-year As component the funded taxes be is cash an you and know period. will manageable all the very over earnings
the to continue no new this the of year. this tax We of anticipate the rate be will analyze of upon certain there Given the XX% necessary our we ‘XX one-time respect of reform, effective range our our rate tax the adjust to course of may and provisions a rate XX% XX% increase change to new legislation. complexity legislation do the to all and year. charge as based over significance to dates fiscal to aspects U.S. With effective tax of
we forward. we As filing to me George. let continue evaluate that, to will as opportunities it always tax move With turn over
