Record Operating Income from High-Margin Businesses
Operating income from high-growth, high-margin businesses is expected to contribute over half of the total operating income by the end of the strategic planning cycle in 2027.
Solid Growth in Home Solutions Business
The home solutions business had a strong quarter with total sales growth of 23%, including 9% internal growth.
Successful Implementation of Cost Reduction Initiatives
Achieved an annual run rate savings at the high end of the $75 million to $100 million goal by the end of 2025.
Positive Momentum in Equipment Orders
Equipment orders are very much in line with expectations, showing healthy demand for both traditional and digital equipment.
Strong Growth in Global Technology Group
Operating income grew 24% versus the prior year, reflecting strong expense management and growth in practice management systems.