Dover(DOV) - 2023 Q1 - Earnings Call Transcript

Brad Cerepak On the bottom chart, bookings were down year-over-year due to foreign currency translation, normalization of lead times across several businesses and a $90 million order de-booking related to a major retail refrigeration customer's decision to temporarily pause its new store expansion program. Now let's move to cash flow on Slide 7. I'll turn it back to Rich. First, our lead times have largely normalized across the portfolio. We highlighted in the chart our good backlog levels are primarily dri ...