$XXX you, And and EPS million to with adjusted everyone. good up Yesterday, morning, sales we $X.XX. Thank X% Mark. results reported third quarter up
inflationary a good During material the news. quarter highly which raw conceals we offset to pieces hard environment several of worked
For in organic AMS. growth example, quarter delivered of we solid another
quarter. project complete cost pressured Austin quarter two takeaways detail the closure final But from fourth the stage the input set in from topics is three in facility call. these expenses Although We'll the decline fixed now cost consolidation important our to with margins. are: throughout the headwinds
the financing implemented a continue third, and strategic flexibility. round bond sheet as raw we've additional provides cost do to Second. quarter, offset to highly And which we third increases balance of we'll completed during materials price another so recently pressure, required.
will While does well challenging modest the Though debt impact on bond carry in and it input rate of cost this essentially timed been and costs, as a interest earnings, additional a rising environment. rate to have a still have expense neutralize has offsets out generated inflation enough higher a to on was portion these headwind the good we plan close expect year. we year, be
third to of note guidance. lower refinancing we the initial our quarter impact the expect per XXXX finish gain activities, our of quarter end expense the related of a Excluding sale. to the was a per bonds quarter share asset skewed Of from to and XXXX the and year prior of year $X.XX EPS comparison third activities, share by third $X.XX an adjusted recent of at refinancing
with delivered X% solid investment the during cells segments. AMS with our theme. to and shifting in sales digits, the growth momentum segments. Now leading to sub continue Filtration operating awarded our portfolio consistent up other organic double business have growth quarter strong
the this earlier start business We Medical also posed the tough installation come year solidly products. year-to-date. with and track and driving on erosion area sediment We see were growth core Transportation growth. are up control get to both encouraged our this and products modest back had sales infrastructure after Recall challenges back a conditions that of saw year. downstream our slow our construction weather and users to for had
coming were higher quarters. impacted costs, driven growing increased awareness. by by Our category penetration in films operating year we to expect margins many and business and earlier with trends remains product AMS a input across industries, line consumer transportation subside but globally margin Consistent this pressure the
during up were year. compared polypropylene for to continued the increase resin XX% last and third Regarding to prices prices, market approximately quarter
significant purchase entire doesn't polypropylene a our cost basket, resin While us. it is represent for
challenging In year of rising and have a to a a base. procurement had some In team. cost XXXX. we price a as margins resin our addition continued implemented Unfortunately AMS large increases the heading we were third for standpoint typically attractive a will generally quarter high to price by opportunistic in last caught prices, portion XXXX response environment, we revenue timing to but recovery purchases implementation, by be market price up increase from we on escalation believe lag comparison into boosted rising resin, another recently in
Austin Another impact on cost the closure. margins the stage associated where final with
we of are call. facility have We the the at that this completely exited pleased report time to
component have Conwed As throughout our reducing million of by the fixed plan we been $XX discussing costs. action important synergy driving an is this year,
As to come Austin. duplicate these we is occurring in stages final been have in typical the costs exercises, have as essentially we
this lines several project a on is will as expected costs. Though We essentially results. to than transitioning commitments. price kept complete increases for Austin volumes than higher believe the that execute quarter from we longer quarter the resin we and facilities. benefit lower AMS tough our had against the a also increase combined anticipated were and slightly we We other expect running for products certain fourth little closure All to our more originally in ability cost expected impacting demonstrates margins, than told, QX with fixed
longer-term our product we filtration We pressures, sales synergy of between committed paper unique While product EP's a expanding commercial capabilities projects. remain generated realizing addressing have important to first in growth filtration recently our offerings manufacturing and category. organization we strategic are short-term our AMS' new a cost executing
for important the is notable products, film commercial customer in that received full this is and producing new highlight Another investment. marking its first quality line high milestone our UK qualification, another
no volumes a Papers, were that in There a date business, standard Euro Engineered is paper to the a decline, lines our is compared generally been papers which volume supported level. a but X%, products for to and strong was no price quarter XX% our EP X% up decline volume the segment giving year-to-date outperforming benefit The positive also AMS, paper to business. rising tobacco the separator Currency for performance non-tobacco product wrapper volume specifically trends by which offset tailwind mixed specialty from was longer our during the tobacco last than has last X% and drove costs full reflecting the in providing to products. pullback more cigarette felt the pressure a us particular the our driven price year's of second battery Similar binder recon year-over-year decline of provided quarter rest the market. good price, by pulp mix LIP year. nearly strong Moving increases wood decline to sales to compared quarter
escalators to take effect our cigarette with early manufacturers contracts prices with large have XXXX. where portion We raised price permit of in a further contract
Regarding do like which with heat-not-burn, the recently has us volumes major category by risk some fact and particularly data of to participate. as heat-not- that product companies, headlines those on were that vaping the tobacco as increased the Consistent reduced down. entirely been well in affect an the there US as and not broader the category, commentary our that products from we I'd different burn which are reported quarter third review
As across substantially as new markets, remain customers new our we international our rollout variety year-to-date. such landscape a up lumpy this as are products volumes and have of commercial navigate this of shared previously,
that optimistic customer We continue from to linear its discussions it our not across quarter-to-quarter. on remain to and active path But a engage our may base, long-term capitalize about ability very repeat, be development in potential.
tobacco for market approved steps. and the headlines nicotine the yet liquids to where the FDA's not call technology Simply has in flavored a in put, adolescents. are participated. we among As vaping products concern now popularity over their US we heated FDA not will primary regarding a US materials turn the Andy? reminder, products is I vaping This about concerned supplied is the This recent has base the escalating. over been been
