With growth back to normal, we see LU-VE as well positioned to deliver DD EBIT CAGR with expanding returns - coupled with eye-catching multiples in the HVAC space. Margin expansion continued in Q2 24 LU-VE''s adj. EBITDA was in line in Q2, with improved FCF generation. Revenues dropped by c9% YoY, with only refrigeration showing positive growth in the quarter and the rest of the end-markets in negative territory. Below the top-line, self-help offset the headwind from the weak volume backdrop ( ....