“These actions are estimated to create a year-on-year organic growth headwind for the Consumer business of approximately 2 percentage points.”

In context

“incur $125 million to $150 million in expense in Q2. We will also increase investments to support end-market demand and drive growth and productivity. Please turn to Slide 16 for more details by business group. Taking into account my earlier comments regarding current full year macroeconomic and major end-market forecasts, we estimate organic sales growth in Safety and Industrial to be flat to up low single digits. Adjusted organic sales growth for Transportation and Electronics is forecasted to be up low single digits. This is better than our estimated range of flat to up low single digits provided in January, recognizing our strong Q1 growth performance. And in Consumer, we estimate organic sales to be down low single digits, which includes our ongoing product portfolio initiatives. These actions are estimated to create a year-on-year organic growth headwind for the Consumer business of approximately 2 percentage points. I want to take a moment to thank our team for the work they have done in successfully executing across our 3 strategic priorities. Their disciplined work has created value and returned capital to shareholders with the successful spinout of our Health Care business. They have also helped reduce risk by reaching 2 large settlements while making progress on the exit of PFAS manufacturing. And most importantly, our teams have made tremendous progress on fundamentally improving how we work, which is driving better performance across the business. In closing, we delivered a strong start to the year. As we look ahead, we are focused on building on our momentum, supporting expectations for a return to organic top line growth, margin expansion, investments in high-growth and attractive end mar”