“I expect the PMT business, as currently constructed, we expect accretion next year as well.”

In context

“or 2023 orders. Operator: Thank you. Our next question comes from the line of Andrew Kaplowitz of Citigroup. Andrew Kaplowitz: Hey, good morning, everyone. Vimal Kapur: Good morning, Andrew. Greg Lewis: Hey, Andrew. Andrew Kaplowitz: So, I know you're expecting a nice uptick in PMT margin in Q4, but as you've guided this year, it's tended -- PMT margins tended to be a bit muted for the year. So, maybe conviction level that it does jump in Q4? And then, I know you're moving HPS over, but pro forma, do you see PMT as one of the better margin performers in '24? Greg Lewis: So, in terms of conviction level, it's high. I mean, I feel pretty strongly about the PMT team's ability to perform here. Again, we're not at a place where we're giving guidance ranges for next year for any given segments. I expect the PMT business, as currently constructed, we expect accretion next year as well. But we're not going to get into any specific guidance ranges around that at this moment. But our conviction level is high. The team is delivering. They've taken all the right actions in each of the three businesses. And as we said, with a nice mix going into Q4 on catalysts, we expect to be able to deliver the margin accretion in Q4. Operator: Thank you. I would now like to turn the call back over to Vimal Kapur for closing remarks. Vimal Kapur: Thank you. Our value creation framework is working. While the macro economy remains challenging and the timing of a short-cycle acceleration is uncertain, we are deploying our rigorous operating playbook to navigate near-term volatility. We are confident in our ability to weather near-term challenges and meet our performance targets, underpinned b”