Meeting Room - Recent Threads

Market maturity

Carol Danvers — Mon, 24 Aug 2026 12:59:59 GMT

Is your view on the growth outlook now a little bit below historical levels, i.e., has the market now reached a certain degree of maturity in your view?

Profit Bridge

Clark Kent — Mon, 24 Aug 2026 12:58:23 GMT

In terms of the profit bridge, you've previously explained that transition in 2026, but how do we think of that sort of profit bridge in 2027? Can you talk about a little bit about what we can expect from areas such as mix operating on leverage?

Leverage, free cash performance, and CapEx spend for remainder of this year and beyond

Bruce Banner — Mon, 24 Aug 2026 12:51:12 GMT

Your leverage, while being obviously within your target range, is at the higher end of that range. Where do you expect that to land for the full year? And sort of a related point, you've talked about free cash flow being strong for next year. I'm assuming that's an improvement on the 150 you're doing for this year. But given the lower CapEx spend, is there any sort of color or range you can give on that free cash performance to expect for next year

Q4 drop-through

Bruce Banner — Mon, 24 Aug 2026 12:50:37 GMT

On the drop-through you expect in Q4. I think when we spoke in December, you had expected that to improve again in the Q4 sort of similar to Q2 levels based on what you've seen through Q3 and also into February, is that still the case?