Question-and-Answer Session
Thank you. [Operator Instructions]. Your first question comes from the line of Bob Cornell, representing Barclays Capital. Please proceed.
Robert Cornell - Barclays Capital
Hey, good morning everybody.
Keith Nosbusch - Chairman and Chief Executive Officer
Good morning Bob.
Robert Cornell - Barclays Capital
Interesting times. I have two questions. I guess the first is to ask you to expand on the comment you made about not yet seeing the adverse impact of the market downturn in your orders. I mean is that through September and the supporting period Keith, or is that through November, or I mean maybe to expand on that point, and I have one another question?
Keith Nosbusch - Chairman and Chief Executive Officer
Absolutely Bob. That comment is basically through October. And certainly we're very cautious as we go forward, but we actually built a backlog in October. And we have not seen significant changes in the front log in the majority of our solutions and services businesses and quotation activity remains unchanged. What we have seen is there has been a few order cancellations from the backlog in the last half of October, but we had a good order month and as I said the total backlog was up. And certainly our greatest concern right now is really the economic indicators and what that is foretelling and what it fortends for the future.
Robert Cornell - Barclays Capital
Got it. We'll find out in 6 months or so. The other question is in articulating, you haven't had a chance to articulate actually what you are targeting with the 50 million restructuring, you started out the year with a higher growth rate of expected for A&S, didn't come in as high, maybe it articulate, which verticals, which geographies didn't quite meet expectations? And what the restructuring is actually targeted to accomplish?
Keith Nosbusch - Chairman and Chief Executive Officer
Okay. Where did we not perform where we thought? I would say the biggest shortfall was in Europe. And while we liked the exiting of the year, certainly we felt that our performance throughout the year was not at the levels we expected. And basically was about half of what we expected at the start of the year. The biggest and from a geographic standpoint I would say that's where our biggest challenge was. And quite candidly within Europe, we had positives and negatives. So when I say Europe, I am treating it as a broad brush, but we had some very strong performance but unfortunately that was offset with numerous underperforming --
- To read the full transcript on Seeking Alpha, click here »
