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would you be able to maybe carve out some of the larger projects that were in the orders
Do you need acquisitions maybe to get you a little bit more more broadly exposed
I don't remember, Dave, the last time we saw Vitality of thirty percent
Would you see now that winning of business starting to spread out into other end markets given the work that's been done on top line initiatives
That sort of division whatever we want to call that has a lot of different end markets. Could you kind of tell us what the puts and takes were
did you provide what the pricing was in the quarter? And then I'll ask maybe what your thinking is for the second half
on the M&A side, are you seeing bid-ask spreads kind of get a little bit more favorable? And on the share repurchase side, do you see being more active
you didn't specifically talk about defense. And I know that, that business has been a little bit flat to down the last couple of quarters
with this pivot, and I know you found Leonard Valve and that's wonderful. But for many years, the focus was on water treatment. Pretty much as a silo. And I'm just wondering how the pipeline is in ...
are you kind of saying that, like, residential water heaters in that channel are now kind of more jump ball, or is it that maybe some of the higher-end stuff because of the pros that that is what i...
Does that presuppose that, or maybe contemplate that, the October industry shipments were better than September
was that on China exclusively because it looks like the North American items are fairly flat versus last quarter?
is this more of an announcement maybe that it's a look at the business to see which portions of it need to be paired a major restructuring?
are you now rolling back pricing in some way because effective May 1
what is your assumption for proactive this year within the industry on a year-over-year basis you assuming proactive is flat
do you need a broader improvement in housing there to kind of get that business going?
I think, Steve, you said 4% water heater pricing, if I heard you wrong, please correct me. And that that was a carryover number 2025?
your organic was plus 16%. And in the past, Adam, you've been kind enough to unbundle a couple of the pieces of that. I'm hoping you can do that again
Is there any part of your defense sales that are maybe not subject to
could acquisitions be more tuned toward some of these newer verticals going forward?
of that 500 basis points, how much of that would you say is organic versus how much is from the acquisitions
Has your acquisition funnel increased with that uncertainty?
With EV production well above certainly current and forecast ICE production over the next five years, does that reduce your market opportunity
if it is going to potentially catch up to FAL this year in your view
Is this 50 to 100 basis point goal here for productivity
again, ASP is more of a consumables business. And I guess I thought it would not have been hurt as much
do you see FAL kind of sort of moving in steadying into sort of a mid-single-digit growth algorithm
was price cost your, you know, your typical spread fifteen hundred basis points. Is that fair?
it looks like you're pretty -- balance sheet is very lean right now.
how is your supply chain behaving? Are you getting what you need?
Is that one of the businesses where you think it's still early? And why? And if I may also say, how much of that business's growth has been sort of aided by data centers?
was there business there that you walked away from perhaps, you know, repositioning it?
could you delineate specifically how industrial versus commercial performed?
does the decline as we move through the quarters reflect Q1 having maybe two points of carryover price from last year?
when your end markets improve, does that percentage of front end maybe shift toward a new product orientation? Or would that be incremental growth investment that you deem necessary?
You guys said that you were sort of gapping out pacing the pricing, but you also said 75% have been actioned, 25% notified. Can you explain what you mean