Turning to the financial results from ESAB's last quarterly report, we find that the company tallied $673 million in sales for 3Q24. This was down by 1.2% from the prior-year period but was more than $52 million better than the estimates. On earnings, ESAB realized $1.25 in non-GAAP EPS, beating expectations by $0.13. The company saw its adjusted EBITDA margin expand y/y by 130 basis points in the quarter, to reach 19.6%. ESAB has set a 2028 strategic target of 22% for that margin.