The company deployed $29.3 million to acquire Cryogenic Machinery Corp. within the Pumps & Process Solutions segment. This acquisition expands the company's participation in cryogenic applications.

Organic revenue growth was 0.5%, driven by Pumps & Process Solutions, Imaging & Identification, and Clean Energy & Fueling, but offset by declines in Engineered Products and Climate & Sustainability Technologies. This indicates a mixed performance across different business segments.

Bookings decreased by 0.8% year-over-year, indicating a slight slowdown in order intake. This was due to disposition-related decline and unfavorable currency translation partially offset by acquisition-related and organic growth.

The company incurred $8.3 million in restructuring charges, primarily related to headcount reductions and exit costs. This indicates ongoing efforts to align the cost structure with current demand trends.

The company estimates capital expenditures in 2025 to range from $170.0 million to $190.0 million, indicating a consistent investment strategy.

The Chief Executive Officer and Chief Financial Officer concluded that the Company's disclosure controls and procedures were effective as of March 31, 2025. This suggests sound internal controls and reliable financial reporting.

There have been no material changes from the risk factors previously disclosed in the Annual Report on Form 10-K for the year ended December 31, 2024. This suggests a stable risk environment.

Organic growth varied significantly across segments, with some experiencing growth while others declined. This indicates varying competitive pressures and market conditions in different business areas.

The increase in gross profit margin to 40.0% was driven by strategic pricing, positive product mix, and productivity and cost actions. This suggests improved operational efficiency and cost management.

The company repurchased 200,000 shares for $40.7 million during the quarter, compared to a larger repurchase in the prior year. This indicates a continued commitment to returning capital to shareholders, but at a potentially more measured pace.

Dividends paid per common share increased by 1.0% to $0.515, demonstrating a consistent commitment to dividend payouts.

Organic revenue decreased in the U.S. and Europe but increased in Asia and Other Americas, reflecting varying regional market conditions and demand.