“We have adjusted our outlook for net sales to reflect the recent automotive divestitures in Germany and to reflect the impact of ongoing market weakness for our heat transfer and heating products,” added CEO Brinker. “However, we are once again raising our full-year earnings guidance driven by the strong third quarter results and significant 80/20 progress. Looking longer-term, our business transformation remains in its early stages, and we are either on track or ahead of schedule as we work toward our financial goals.”
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