Key Takeaways Demand acceleration from infrastructure trends and re-shoring is likely underestimated, positioning the company for stronger-than-expected multi-year growth. Strategic acquisitions, increased product diversity, and automation focus are driving margin expansion, resilient cash flow, and robust earnings and dividend growth.Read more

Key Takeaways Growing demand for modernization and skilled labor shortages drive higher margins and stable earnings in key business areas. Strategic acquisitions and product innovation expand capabilities, accelerate integration, and enhance both revenue growth and profitability.Read more

Key Takeaways Increased borrowing and operational costs, along with integration challenges, risk constraining growth and pressuring profit margins across acquired businesses. Regulatory demands and slow adaptation to automation threaten long-term competitiveness, straining free cash flow and sustainability of dividends.Read more
