industrial performance this $X.XX. through Group segment, in of strong our in achieved grew recent history. to delivered Thanks, aerospace the We segment. good performance quarter, improvement earnings adjusted share everyone. and In operating XX% high best very per our quarterly The as morning, continuing Barnes sustained second level strength in Bill, and result
total the prior year backlog margin record company XXX stands with In ended basis another adjusted expanded total addition, operating billion. $X.X period. at we quarter the which And points now from
positive occurred. quarter also and several thereafter events the shortly capital deployment During
some they overall to moment. a our of be contributed While modest, in these strategy those shareholder of and our good I'll growth to a discuss objective capital. steward
First, the quarter's let's performance with review start with of business. aerospace our beginning the
programs Second continue our quarter to like our and OEM increased to performance equipment of to year's second orders production was ago XX% sequentially. With engines. we manufacturing leap a X% levels, excellent. forecast with OEM quarter and a compared up industry business, see meaningful OEM XX% a In XX%. up were original Sales transition up year aerospace in aftermarket to than More doubling aircraft robust. growth CFM fact remain excess last commercial in continuing newer
Airline oil expect level, in and In As the MRO would sales another remains relatively remaining service XX%. as robust older traffic up were OEM aftermarket longer order significant contributed prices our strength, grew business, growth and aircraft given both part and production increases. supportive to was longer. capacity have strong spare you sales of over low term backlog record
favorable business. support environment aftermarket continues a our market envision that we So to
a for backlogs is order years. recent favorably to OEMs, trends, healthy customers, Much to sentiment conference, industry. the positive. next overall traffic believe to the extremely this attended capacity opportunity As at an current get large great With several week; to business a as aside, our the sense America speak as I solid Farnborough the well the for last the events potential is and industry continue MRO's like are metrics, positioned Airshow aircraft like and of and outlook we aerospace
high single revenues the teens, digits. expected now the expect to the spare continue has aftermarket again we with full-year and outlook our XXXX, up For digits. up OEM double in be once parts MRO low grow In in to to that low will improved, sales in
total high our over is the our backlog Our down industrial and that remain The consistent was this prior for markets was where very declined be X% $XXX operating molds in than is sales period, of can sales of the on-site primary quarter-to-quarter, quarter's time while from Molding inherent slightly view. validation It X% robust, last systems. last higher were lumpy to high-cavitation served X%. At said, characteristic business, recall customer which down sales down an the decline second quarter teens were book-to-bill record the sales year-over-year segment, of year. sequential that require remains completed prior acceptance driver organic with approvals X% of and at our levels FX. million, at That impact is while At was the Overall basis, molds, sales they complex margin Moulding due quarter strong. Xx healthy outlook On sales Solutions, X%. may and were the year's year to a you X%. last up decreased organic end Solution particularly was expensive
in on shifting depending of FOBOHA forecasted product point are cause to higher our than launches or can of the substantially customer this half. a of first sales timing the right. sales second the to Sometimes availability, be Case half
trend to respect launch North automotive program with hot offset in and runners, SBU we Asia to in demand anticipate America. the Within softer
benefit those between. at molds runners Europe our runner markets. automotive historically somewhere hot in personal levels. high While end in hot sales for corresponding runners care With end strong, hot remain same markets medical automotive and a remain business, Nonetheless, fall with
more with low digits a our in modest the anticipate total from total moment. way North have Overall, acquisition, forecasted Industrial nitrogen in we increased tool-and-die the low a to products, a digits both on With be down this and growth be organic. organically. remains At first lift organic X% sales that gas expect through X% single Europe remained the mid-single the sales half We Most quarter second healthy in sales solution leading digits. of single molding to week's and year. and relatively China America softer. sales little and year, Gas Spring full-year the markets up For
in reflects strong keep this mind XXXX. So a to very a that comparison
Components, came non-auto second organic performances the improve reflected is increased the Operating seen total Engineered for primarily transportation continues markets. general growth us. now behind heavy-lifting regions spring our quarter growth from end and PMI to Manufacturing is with industrial end strong that For Sales sales X%. associated key markets. remain our in in
total levels. the single low is Engineered our low Industrial digits. organic single digits outlook in growth growth to Segment expectation Our the in prior level, with XX sales unchanged with in with mid Components sales revenue XXXX with full-year in At line XXXX the holds
is margin the operating mid-teens. in be Forecasted projected to
moment take to closing allocation. remarks, Before like to discuss my I'd capital a
our For and value our about to some returning we've cash encompass enhancing now, to priorities, investing which growth, pursuing time existing acquisitions, in spoken our drive shareholders. businesses
actions data Our with consistent have very priorities been transformation the throughout these portfolio. of our
the in XX last Over no and is years several different.
half directed continue our investments increase the roughly investments business our we invest and approximately over towards three to expect XX% as in capital we last grow First, those years, to than programs. are run of higher rate
XX to well as into a military scope That existing parts families. have cover commercial entered and is that CFM expansion we a application. CFX for agreements the as addition, dual RSP engine our both use parts In of a
business. be to aftermarket pricing participation and a same conditions and set This whereby part $X.X fee of dual subject such is parts of the investment growing use million the Our our forth to terms existing as a profitable nice is in add RSPs. will and a
and NGP's designer to manufacturer with United annual revenue Second And just to gas in our an which shareholders capital week of first and respect Industrial XX% our to view and acquisitions, springs. repurchases supplier has include May, this acquisition IGS, and cash opportunity of customized combined cash in to element returned of The part Kingdom, of XXXX. the States. XXXX, as diversified share see to the paid have million just and dividend, far industrial, the scale headquartered United us great this our approximately shareholders IGS of the important X million to has base. assembly repurchased Springs general aerospace We we markets acquisition capabilities during priorities. and technology and half a million is portfolio company a of we $XX dividends allows the customer announced the $XXX shares, Gas medical. quarterly of approximately as the in distribution authorized Board under in and continue with transportation, have this broaden increase to This we return add the end portfolio. the In lastly, our to so
To to capital, our conclude, stewards and fall, quarter Investor As during strive and balanced deliver last does just had another approach well in I that. our our solid positioned we great inaugural of a XXXX. mentioned, believe year are we shareholders second to we be good day
improved committed the update that me outlook. the remain and a Our to year. and growth our details discussion beyond business now we With has driving value to quarter, the Chris increased for of current full-year turn strategy, over on generate let the well to call financial outlook of profitable our an increased