for Good the morning Josh and thanks question.
where in embedded go back question we how lot into indicates that half of a the year. next the year and there's about So, that
second principally thought half in an going So, the year, with better we demand was back the all, by which of on being the destocking April, first I'd really start of in obviously, -- complete quarter. be the assumption based was of to end
and different point of think the getting I everyone suggest has that primary haven't Obviously, demand heard come perspective, level, else I sector don't in and we worse that. in not It's our view much. while the at is anyone that, to else changing a
We lot are impact there's expecting has to really end a the year. which go destocking more in the that to continues the in that our markets, on outlook half of been back some
quarter. year have next So, some automotive, areas, example, it's for whether year, in growth or this this we solid
there's to the the expect back would solid continue to XXXX, demand. I it to about of to through year. year. this We pent-up relative that And half a be you next expect year to be And so when continue much think
that good story market, very in same shape. So aviation,
end off of you companies all look of goods lot a volume demand way that if there material being recognizing they're X% of X%, accepting X%, that the price. much wouldn't has probably in stable at out sort the tailwinds, and consumer fully holding been have You they sort where and markets range. When very they with expand price to their that margins raw gain disciplined reduce that fast-moving
like specialties. disciplined, frankly, So, in maintaining, we're our
that, to too. addition in cash managing But they're
expect quarter, demand lessening we go additional and XX% on as in the fortunately, X% water that destocking sort first on an destocking top fourth stable of like much packaging, destocking that saw we personal of treatment. quarter, those So, But kind less to of the care, quarter. into markets in second
-- you would just stable consumer the with as continue in right actually, moving to deal markets discretionary other the look into take second and I it's direction like we feels half markets them. go also the would of When to course, that So, that XXXX. two at
additional destocking which in that couple also in was Advanced a segment. and medical packaging So, there's in some the extreme QX, negatives took of Materials sort
wasn't as carrying Demand And last from were year. safety that's a expected. they of they bunch stock improving --
predominantly really have the second they issues to so quarter. the started And destocking in in they also second but their addressed quarter, seem
to into the the go quarter by a to So, and expected half bit fourth. course that its better third that's as reduces as get year, certainly the run also have we of the through seems destocking back in
tailwind. think year, especially amount won't relative in improvement destocking again, that's that of had So, these all to a XXXX, about next when certain you a repeat markets
in a area building the of for of view, a point drive like impact had value consumer most is construction. profitability automotive huge demand bigger So, well, amount of discretionary as two the markets us like and the that sort on that durables
chain you destocking of market, extensive May to through the really gone it at most last they durable way got were the because the of of that's XX prices, any destocking over they sort then year that's back the the they last retailer buying think the they all look because needed months When Xx supply And to of -- of amount goes and when market. one ago. inventory could started of everything
fourth when was us only XX% to down quarter knocked underlying year, us XX%. the finally really of down market in the last bullet That hit about XX%,
a So, the even worse, lot worse destocking. first XX% quarter. Got of into
to the start And first quarter. in saw fortunately, XX% quarter then in we the Got second that the abate better quarter. versus destocking second
So, we there. saw momentum
that results the the see and because occurred. medical in packaging destocking You it just don't of
that and go into destocking continue as So to go half tailwind into lessen you the be of another it. year will the we back as
of maybe to & some half, first taken. help more more expect is been also There's Construction, home be then, And market of action doing builds. that's first sort Building course, some with one that still Demand the has year. because I'd destocking to this we And down. flat say, that is
forecast the when really that's it's to there's much need to for spectrum our the cash. So, sort with But actions combine a which inventory hoped things them to destocking. make lower each of of when add outlook hit the we demand volume it, of as had $X.X -- April, of take how we up of entirety but billion at you came earnings this on the going of less you in that is not sure reduction as down, look for predominance it's and our
So, year a have feed all you don't going destocking on, normal into seasonality look And got markets, hit this year. When next back some all huge for for almost, to that's highest those next recovery improve the mix right? right? of volume have been going that's which sort down help and year markets to a this of are then things. value you going us to you've better, our it's year into this So all assuming XXXX, coming demand outlook we're the
as these our structure. and in a bottom the the little drops if And fixed bit mix significantly, value of past we've pretty when line shown especially restocking, out the the to cost high markets recessions, with of costs comes taken of back we've there's
building So half which is momentum the it having year together, in better to comes a much all XXXX. second in
