good everyone. Thank you, morning, Wolfgang, and
Let's quarter. begin third XX% contributed about quarter our XX% of almost compared review it contributed year's -- with organic growth, X were consolidated Faster up with Sales our last grew and of results. a X%. businesses on two-thirds sales CFP slide of the business
demand Electronics growth order remains consolidation dampened by in mentioned, project impacted Wolfgang shipments timing. was As by and but organic CVT businesses our were project strong manufacturing our
in the slides charts Foreign as minimal impact now which information. the currency of sales with region, well press compared during There the prior on on year. the by the left. quarter supplemental organic sales are in summarizing bar consolidated table will on as I a the is designated here touch sales this release back had
year-over-year can As see, you growth. considerable all markets geographic realized
and Faster consolidated the and of to XX% total, EMEA addition and XX%, the contributors CFP, EMEA now regions XX% are base. respectively. and Americas, to our of Sales With APAC the sales larger APAC the were regions
XX% last year's our profitability, was third up to million. over XX.X EBITDA Regarding consolidated adjusted almost quarter
half We are year alleviated cost pleased the were of input this and significantly that the pressures quarter. the supply realized in chain first constraints
by we I'll the on. However, segment results which review into margins as comparability other the the this impacted factors slides. more upcoming was of touched get Wolfgang on
our inconsistent per but to earnings when Adjusted increased somewhat prior $X.XX the given this number line. bottom equity offering the shares outstanding. earlier to of Turning share which year, were the year, comparing were
as have and amortization per quarter. third more and interest includes our and for two a respectively, acquired compared debt third acquisition-related intangibles share amortization resulting a GAAP impact year's expense expense, comparison businesses. expense, well these of both $X.XX interest respectively, on $X.XX This the basis. last had on from in as $X.XX items quarter interest $X.XX from and non-GAAP quarter for Additionally, with amortization $X.XX per Together, year's and new we on share
our primarily of offering, the reconciliations non-GAAP of shares that adjusted XXXX for reporting on for of I'd slides refer weighted helped acquisition earlier press by comparison GAAP EBITDA year shown this third release Please the to attention to X.X to tables items the additional quarter. outstanding which the our like Faster the in back a year, Additionally, in finance purposes results basis average million your here. our given and consolidated per-share numbers. impacted we back to is bring last to to and added equity or EPS impacted adjusted that the
third XXXX, quarter the we of following. incurred the During
costs, from purchase X.X inventory for Faster. accounting million of for First, resulting amortization step-up
and about of for acquiring Faster incurred we Next, and XXX,XXX CFP. costs financing
This on Americas and XX% in CFP. accumulated acquisition. highlights charge point region, based year-over-year recorded increased decreases the the Finally, product a we that in end driven the to results. organic Faster and difficult, instead North and for from customer Controls growth acquisition-related They the contingent other a for quarter of associated with we segment EMEA was out to we sales in included to I and by for the future geographies the for East the our corporate the continue of trend segment delivery in Enovation their realized release grew in Americas to marketing turn delivered shift facilities initiatives. market business. Hydraulics of the numbers costs, Hydraulics global impacted our last locations. Please growth slide Asian of these on recorded all growth have of including and for American in consideration making our markets, the a This quarter. not to quarters, basis, APAC we our numbers. EMEA amortization, operating quarter, and by view Like APAC, was allocation by have inflates of saw slides. little will are organic Sales Americas our and XX%, XX%, On regional also their global but third respectively. XX%, quarter earnings directly the segment X review more impacted benefited about addition X% was for XXX,XXX demand a want positively the and specific requests and back results XXX% comparability The region, the into tables growth an Those segment APAC. and XXX% growth are
million. CVT second consolidation seasonality. except to growth, foreign our in worked that it it us and to Faster at against exchange and was legacy were the in business were changes X.X our manufacturing rates acquisition Faster relative Australian third our even euro impacted this quarter, in the the specifically While for effect Also facility respective realized with could sales than have lower they dampened expected the XX% in by Compared actual dollar been disruption currency due normal and sales project. rates unfavorably higher, the by expectations were quarter the dates, CFP. from
lower increased of businesses the the sales, caused margin CFP, a manufacturer. by well Faster value-added the changing on quarter to this on fact mix being a that gross profit a decrease. integrator, including the XX% the of addition margin higher for and sales seasonal than as This margin gross Faster carries While our includes lower a lower as CFP,
reconcile will income change profit XX%. gross next on increased We the slide. detail Operating in the
the profit or third the profit Gross Our Hydraulics entirely inclusion increase will segment. of of to of selling, XXXX third was was and million. grew the from million X to to turn Please XX.X% The engineering and administrative X the CFP SEA expenses Faster due third XXXX I of XX.X and change for quarter in businesses. slide gross in reconcile sales. quarter the the XXXX or quarter
gross as price the of benefit Hydraulics July our the increase. on million from as profit X sales recognized well we additional X volume organic Sun First,
about Including of our tariff price just we that we higher business material increase this of inflation CVT nearly related benefit net mentioned, quarter. cost I the for incurred costs XXX,XXX incurred Next, by offset the the surcharges.
expect in fourth further costs in the supply chain was our We by about to XXX,XXX. impacted production gross fully profit throughput. This and improvement favorably cover An by our costs increase price driven with improvement the quarter.
freight XXX,XXX additional timing costs. due the of was an Next, to incurred
results. Gross last our end we Finally, a previously Electronics timing of the which Electronics Accordingly, Faster XXXX upper XX.X% quarter, modestly Revenue of of to our million XX.X X.X gross guidance and increased gross realizing This quarter our quarter XX.X% segment to CFP to XX million revenue, slide for sales. project at shifted are segment margins of the into their sales third for was guidance. turn for operating only the was and year. fourth due the the most of profit on up third of the for provided Please were review quarter. reiterating XX%. compared for profit contributed the and
costs, gross of first third by higher half XXXX for product Electronics of to of also grew incremental strategy. third quarter XXX,XXX. in quarter recovering Please R&D reconcile incurred increase our Gross in the cost XXXX turn compared results. increases third slide. change XX this Operating XXX,XXX slide the the planned reflects in grew gross profit sequential over was savings million were X.X of consolidated for of of pressures quarter gross quarter from the XX to in quarter margin about in a will about as income the sales. first The in detail for business, from to variations with and well partially realized million our the up the I year's quarter on mix. We experienced the segment. material expenses as investments XXXX the XXXX were growth million. of turn X% business reconcile third contributed the the improvement for favorably the sales quarter support our of the profit improvement selling several growth to third or costs XX.X% in by profit past months. consolidating We last to This XX.X reflecting our HCT reflects XXXX year-to-date cost over marketing Controls. part modest XXX on quarter nine XX% review the significant and Slide XXXX. The profit SEA next quarters. initiatives the offset Please gross Enovation over year. from I'll change in Production over Sales the the
resulted of The year in the cost the quarter. by third primarily XX% the Regarding profitability, as the as the impacted pressures the business mix from half grew but our margin first consolidated well erosion realized adjusted declined. EBITDA
the to earnings outstanding. bottom to Turning earlier were somewhat which the the to inconsistent prior of offering when number year, adjusted the line, share this shares year quarter, but, like due our per $X.XX, equity increased comparing
intangibles share from for This acquired respectively GAAP as a amortization more last acquisition-related $X.XX respectively, resulting share year's per $X.XX and had $X.XX expense two new year-to-date and on expense, interest businesses. and as interest the both have for $X.XX and basis. non-GAAP includes on amortization items Together, of and year-to-date period our compared period. impact these a interest from per Additionally, expense we on amortization with comparison in debt well $X.XX
incremental to Please profit first sales. the for Hydraulics of XXXX from third in XX.X turn nine like quarter, primarily the gross first million operating XXX as Hydraulics average this XX%. I'll the and nine Additionally, profit our turn XXXX increased change of year-to-date realized slide for XXXX, Material higher to in were Sun of of segment. XX to year. Hydraulics Sales review surcharges. net benefit our increased well X the million and nine as helped million X.X a million of was impacted costs XX higher price last XX% We sales weighted profit our which XX% Please months the of reconcile July slide first comparison X.X Hydraulics organic up income equity the of finance the profit gross acquisition. segment. XX.X% the is of Faster or by were on gross tariff-related months shares outstanding by increase. XXXX due offering, Gross the to about in months over
reflecting it we the second cover previously, in our cover impact fourth impact the now the shipment third third third to quarter. not cost did XXX,XXX repeat basis, interim unreasonable cost full-year labor, to the improvements quarter and in in use constraints inefficiencies quarterly XXXX. about but and Recall, in changes these quarter. the this the we make of in the the discontinued in quarter, chain realized As half Supply first of I the We incurred mentioned labor a or costs expect on second costs to improved the quarter. resulting so costs expect of year-to-date expectations in type
all of and XXX,XXX quarters, in about had costs, the logistics first third timing. we by Next, incurred extra impacted
rates period, XXXX. changes weaker exchange due an Finally, first the the year-to-date the half dollar of XXX,XXX US had favorable primarily to in during impact in
first the slide first X%. Please Finally, the from income Electronics of in profit for period, realized reconcile X.X nine these year's sales, first majority profit XX% segment. the and Faster X.X Gross gross higher the incremental nine turn XXXX The months change higher gross on slide the the We Please and were Electronics million to XXXX of material months XX gross over nine We XX% year-to-date CFP of XX.X% in gross quarter. X.X gross the X.X profit or increased a costs. margin nine to XX.X% XX.X and increased review to and the the and first last months was XX costs, Sales million XXXX respectively. realizing sales. sales. on their profit XX.X% profit of in by contributed million approximately were of Electronics of million million I for incurred of up million, months. incurred in first of operating will about segment. XX turn
needs. activities equity. higher the EBITDA of the you QX Recall equity a of for cash partially X by Additionally, with year-end With last midst approximately flow X.X of the open QX, reflect our updated we of and in for XXXX increase to your operating almost due the debt quarter Please for In XXX turn million net million CFP acquisition cash to generated working We back process. higher changes of structure. quarter down million and XX.X carve-out calculated as getting Faster QX. about shares in million used X.X with slide the perspective the for Wolfgang, capital million and XX outlook like from in were in We that million to with XXX XXX,XXX CFP Q&A. and of before guidance we improved months from efficiencies of strong focused significant by lines by driven X are cash review the that in recent of XX.X debt earnings, it costs I'd turn acquisitions. about pro our we to nine cash, equity acquisition. first finished our times. The to flow we capital acquisition with we XXXX, times, compared year our the XX offering million favorable profile, of cash on driven and the forma closed below on we for adjusted the offset our to of