Lastly, we have discussed in every recent results conference call our effort to reshape our business by focusing our investment on our best products and services. This also required a culling of the herd a bit in terms of closing some non-strategic locations, discontinuing some customer relationships, and in some cases, the sale of assets. Fortunately, during this period, we also saw record growth in our remaining businesses and in particular, supply technologies. Financially, we believe this will improve our cash flows, reduce earnings volatility, and improve our overall margins through the business cycle.

May 7, 2025 / CEO / receipt, needs a key / Matthew Crawford, CEO | earnings call 2025-05-07 | transcript 47b6c226-77d7-40cd-bc01-1584f4e931e4 | chars 2476-3090 | segment 2