Before we start, let me offer the following cautionary note. During this call, we will be making forward-looking statements within the meaning of the Private Securities Litigation Reform Act. Investors are cautioned that forward-looking statements are inherently uncertain and that there are a number of factors that could cause actual results to differ materially from these statements. These factors are outlined in our SEC filings.
Consistent with prior quarters, we will utilize the one question and one follow-up rule in order to keep today's call to an hour. Thank you in advance for following this practice.
And with that, I'll turn the call over to Bob.
Robert C. ArzbaecherThank you, Karen, and thanks for joining us on today's call. We're very pleased with our third quarter results, which came in pretty much in line with expectations. Given the macro headlines, volatility in some of our end markets and FX headwinds, the third quarter was a great example of the performance consistency you get with a diverse portfolio like Actuant. We called for moderated growth rates, up against the third -- a strong third quarter comparison of last year, and that's precisely what happened. On the top line, we saw robust growth from the Energy segment, up 23% for the quarter. Industrial and Electrical also delivered solid core, with Mastervolt now in the calculation and contributing nicely. Engineered Solutions, as expected, was down due to European truck and auto. EPS was at the high end of guidance, driven by margin expansion, even with the FX headwind. Finally, our free cash flow was outstanding. We completed the acquisition of Turotest for the quarter, a nice tuck-in for Maxima platform and an important addition as we try to grow Actuant in Brazil. And finally, we completed a number of capital structure actions during the quarter to take advantage of historically low interest rates and putting Actuant in great shape to fund both organic and acquisition growth for the foreseeable future.
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