Oddone Incisa: It’s a question of comps. Our SG&A grew a lot last year and in the second half were much higher than they were in the first half. So the comps are easier in the second half, getting to that level of SG&A is not going to be easier for sure. I mean we are looking at different angles of it. But we set this target and we’ve got to get there in the second half. So that’s for the SG&A. For the margin as I said, we expect the second quarter margins to be the highest in the year but we expect EBIT margin to be at the level, if not of last year in the third quarter which was a very good quarter and then likely higher in the fourth quarter.
David Raso: Is it fair to say the margin for ag is also supposed to reach the 2024, the targets this year?
Oddone Incisa: Yes.
David Raso: All right. That’s helpful. And then on the pricing cadence, can you help us a little bit you made a comment I believe, we do not expect a lower price for 2024 understand [indiscernible] I mean it could be incentives lower financing we’re not talking list. We’re talking actual realized price. The way you’re approaching the 2024 order books when they open up soon, should we expect the price increase? Just trying to understand a little bit because I mean the price does seem like it’s coming down maybe a little faster than people thought. Obviously, you’re getting the cost outs and the price cost has been obviously very strong. But just so we little get a sense of sort of a demand indicator, how you feel about pricing. Can you give us a little more color?
Oddone Incisa: We think on a 2% to 3% price – pricing power or price increase, which is a mix of this price and discounts of course.
Scott Wine: Remember, we were very aggressive maybe price leaders many of the quarters over the last. So admittedly, prices are moving up from a very high level. So I think we’re certainly not at all thinking about driving it but we recognize with dealers are not willing to accept continued double-digit price increases. So I think getting back to a normalized price is a good thing for everyone.
David Raso: All right. Appreciate it. Thank you.
Operator: And our next question comes from Tami Zakaria of JPMorgan.
Tami Zakaria: Hi, good morning, thank you so much. So I was wondering could you maybe share some color on how much of the volume decline in ag was due to the delay in sprayer manufacturing versus let’s say the weakness in South America you saw?
Scott Wine: It was probably two-thirds South America and one-third sprayer production, give or take a little bit.
Tami Zakaria: Got it. That’s very helpful. And then can you update us on the over $550 million operational excellence savings. Do you still expect one-third realized this year and two-third next year?
Scott Wine: No. I think we might have miscommunicated on that. We still expect more of that to happen in 2024. I think it would be more like 20% this year. And as we said we’re really encouraged by the CBS activities that we’re getting, really encouraged about pushing back on logistics costs that have crept in and some of the other costs. But really the ramp-up of both CBS activities our SG&A takeout and our strategic sourcing starts to really hit the road. So most of that hits in 2024.
Tami Zakaria: Got it. Thank you so much. That’s very helpful.
Scott Wine: All right. Thank you.
Operator: Our next question comes from Gabriele Gambarova of Banca Akros.