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And then as we work through the quarter, and that IP mix starts to improve more on demand acceleration, then we should start seeing us working back towards our mid-teen target that we identified at SAM for this segment.
By 2025-26 the company should realize capex in the mid-teen billions versus well over $20 billion spent in recent years.
Source: https://seekingalpha.com/article/4659068-at-and-t-a-classic-value-trap?source=feed_all_articles
In the power and process market, sales increased approximately 10% overall and inflected mid-teen sales growth when excluding the revenue headwind from the wind-down of CAP1000 production.
Our third quarter results continue our solid momentum toward our investor goals of achieving double-digit revenue growth, expanding our adjusted EBITDA margins to mid-teen levels and accelerating adjusted EPS growth.