Record Adjusted EBITDA Margin
Adjusted EBITDA margin was up 240 basis points to 24%, a record result for Q1.
Strong Organic Bookings
Organic bookings were up for the sixth consecutive quarter with book-to-bill north of one across all five segments.
Free Cash Flow Increase
Free cash flow in the quarter was $109 million, a $3 million increase compared to Q1 of the previous year.
Clean Energy and Fueling Segment Growth
Clean energy and fueling was up 2% organically, with robust order activity in below-ground retail fueling.
Pumps and Process Solutions Growth
Pumps and Process Solutions was up 7% organically, driven by double-digit growth in single-use biopharma components and triple-digit growth in thermal connectors for data centers.