to conference fiscal quarter morning, everyone, Good and welcome call. our XXXX first
shipments in capture a building growth. increased products, the growth teams worked Let's year, deliver global positive the off for the stable and first some to We sales XX.X% highlights. resulting quarter year-over-year fiscal demand our call generated to the begin momentum our with our today's new of had an fiscal to in markets. drive quarter, fourth start in many impressive Throughout
and a $X.X improving gross despite cash robust I generation. points our charge financial to to EBITDA significant results position, share. of are margin am million, of hard achieved onetime basis work improved announce increases the approach executing XX.X%, XXX reinstating in pleased our priorities. with also Owing the on quarterly that We in largely expansion, in to along of per disciplined the Board cash to a $X.XX operational a dividend part These on amount has approved taking due team, incurring
Our especially in and well exceptionally oil growth gas our market, performed Chinese sales to and further the presence one. expand Singapore-based team drive
we expect maintenance due typically trend increased growth, our the with quarter business projects airport beyond activity record Production with business, ongoing called further by with a ended may aftermarket That We driving inventories growth propulsion and its line is at booked demand we continued times also boat which geopolitical repair this rescue at the by backlog continues strongly, in projects spending, core an government perform favorably product as in Northern fleet underscored firefighting our capacity to Patrol readiness region.
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opportunities yacht backlog off within and growth a be increased Veth new The long-term of major driver and to representing unlocked record last markets. trend established that highlight sales partnership This us higher. a quarter, levels X-month market, competitive and between continues both and as Coming mega Rolla XX% collaboration edge a gives sequentially. the
coming mentioned Within oil in the helped record the orders On I demand built Racine are ARFF, and gas transmission to transmission grew our the facility higher business, driven land-based backlog year-over-year, for sales in driving the by market. XX% earlier. from
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I during sale asset up quarter, part in lower the continue by also drive We driven inventory brought earlier. to the
over turn I call long-term address Before strategy. to I'd like Jeff, to our the
Veth the as marine on aim As always on a with in and driven leading successful scale, aligned off-highway relationships forward, by and partnership become reach we keeping Rolla. part to we focused move business advanced with a collaboration continues actions provider land-based hybrid of to our applications with for our work electrification global OEMs. we our major strategic our solutions are and to priorities. expand We
solid deliver costs for while all We and business, helping are while and improved results better creating stakeholders. our lowering progress making modernize inventory rationalize shipments times lead to
with and marine and the which profitable will focus have opportunities ample looking Our on avenues our to systems into growth. sectors, our technology the expand business us bring controls electrification integration, are for shifting us M&A, industrial in remains space. actively and that we And to both of offerings regards new into hybrid
that quarters. profile, it to are by our through our on mind, environment growth. the to quarter, that With to encouraged important continues limiting closing, while extremely while macroeconomic ability results potential in to our stay we note into work performance challenges volatile, bolstering broader our our we In this track somewhat remains drive financial strengthen visibility long-term is coming
it the now over Jeff to financials. turn will that, With discuss to Jeff? I
