Stephen G. Kaniewski
you us. joining and for Thank thank you, everyone, Good Renee. morning,
I begin, I want Before highlights. few to a quarter mention third
Engineering our improve points achieving commitment Support on improvement. XXX delivered to of margins we Structures basis First, over by
grew to XX% last compared year. Second, in North Irrigation sales America,
few repurchases that, to and end to complete continued speak capital which totaling acquisitions of operations will the a and announced be minutes about million, by begin to We XXXX. transformation fourth. we our a completed three With taking remarks like also share strategy We management. today's I'd completed execute by on $XX
of three and acquisitions repurchases of $XXX part, totaling we million. third capital, nearly $XX share million the During million $XXX quarter, in deployed to fund
is presentation, the shareholders growth total and we this of and in $XXX million XX these and Balanced slide on meaningful our year. meeting we of accountable board capital in our a our have shown to As a deployed part of priorities. ourselves use hold strategy, strategic
the the utility margins serve for global We realized. across building efficiencies utility I'm structure that details The completed facility services, share few in as market. more provide Also a XX% with already markets, to our the into world. shipped the manufacturing complete uniquely chain customer we lattice more with capacity Rome, track provides us Convert utility Eventually, now margins factory our both to with fulfilling as known we factory, to single-axis a acquisitions, first tracker structure partnership the our to and structures designs segment, type TRJ, headquartered in only every assets in Utility offering we and rays, our a Italia, integrated XX% Infrastructure, Convert achieve lattice cost. expect three engineered solar solution base XXXX enter the we Utility highly synergies. XX% the for Utility for which into over in team structures single-axis a to head we to positioning tracking the energy patented the the we capabilities additional purchased supply can and tracker orders. the quarter. including galvanizing about to electrical margins in as and Italy. are state-of-the-art, technology classes, XX,XXX-metric-ton greater business excited with industry. of in Vadodara, In be this we backlog panels of our Turning in purchased have be voltage within of wireless their Derit The once slightly provide our lattice solutions line custom India. Derit is our in first commitment all the market, approximately stake margins anticipate an producing located communication approvals than utility includes We're supply sun's grid to segment, Combining majority structures. all customers solar about Convert customers a with and segment positions segment
XXXX. that independent digits and expected to are components is As tracker low- and market by mid-double identified exceed in to we leveraging the market this the evidenced industry the acquisition, Irrigation by One solar participate $X well-positioned we have to make footprint grow at trackers year panels. the data, With to this billion growth. synergy now global manufacturing support structural is our the
commitment complete imagine, might items solar of the a and Irrigation assets explore the that In Structures to capability market. package on-field signs well. growing other Alabama, Support as an in Birmingham, products in this we our you pumps Engineered pivots, Walpar, our of using opportunities acquired global sign segment the strengthening offer opens manufacturer solutions structures structures to business to includes As industry-leading
vehicles, the margins With and transportation growth we the North build city higher we smart general roads driverless highways, advancement rates American expect margins as to that be We're than excited this current market. annualized on and participation of expand expect are and our market to synergies. development, intelligent segment in higher than
expanding at segment Day. we expect four to XX, our on positions New our agreement during to a October definitive acquisitions, Systems, CSP the strengthening The we quarter, of footprint geographic advance All market. three margins. during margins these Zealand closed transactions to further quarter transaction with entered line Coatings in the into be addition fourth our strategy that In acquire or we the in Investor market entering and outlined adjacent
were of slightly look track on me Net providing million teams down we our page forward calls. a prior a slide standard results. reviews of process As we playbook management integration. that, board M&A referenced future $XXX.X our let year. with be and including to have Regular to now progress, formalized on implemented XX updates quarter With deck, the and to from turn third sales work held for will
quarter by million, Adjusted last increased per year. X.X% year's divested last sales an Excluding adjusted $X.XX, media $XX.X earnings grinding third business, the income year, of over grew was share increase XX.X% operating to this which from revenue earlier was X.X%. and
Foreign Latin operations. unfavorably quarter by third translation our impacted from America currency primarily EPS $X.XX,
to our U.S. volumes starting Turning Engineered with segment and In the transportation Structure to a states North by grew strong higher, economy over enacting Support year. highlights last product driven X% funding. segment. than America, Revenues transportation and legislation increase more were
we the quarter, over FCC paused are fuel temporarily to preparations. clarity who from And demand site to as may show this has taxes year commercial we lower pricing in provide the also signs the actions to of recent the new lighting suspended contributed have XG We sales to by to led outlook. this region, provide encouraged the volumes of initiatives will sales were ruling by products remained Europe, to we increased over earlier fact, believe levels continue past sales and The on Pricing year taken growth. recovery. supported the In carriers price and Wireless year. our few continued improvement, should infrastructure market to Sales and steady, market actions that also states In by fee highway to focus earlier project have XX higher, grew service carriers Pacific regulations of years, governments taken in decisions In investment. streamline support Asia infrastructure communications have to were this on compared support prior region. customers. safety strong small safe cell spending. spending road benefiting sales
China, see completed continue We in third Asia to Tower, significantly quarter. IPO the customer their the during China Pacific largest lower region. in volumes our
We be be muted bidding expect this we to clarity can their gain market on that programs until will forthcoming. more
$XXX.X were lower product demand In Structures North was by to less X.X% higher last Utility Sales pricing segment. caused mix offset of the continued structures to America, recover for year. in structures. than were steel Europe by million offshore a partially favorable cost year. compared of Moving smaller Sales Support to market Northern wind increases last
the significantly continued industrial segment, split In increased million of price demand China over led we region. stated all quarter, price across from Coatings a the volume As last grew to regions. challenging evenly sales about year, from environment and competition more last strong in between has X.X% $XX.X
Pacific end demand. market perform Asia to improved operations well continued from Our
the to below million of X.X% Global sales $XXX.X were business. year. Turning Irrigation last
levels While XX%. than uncertainty farm to of cloud in tariffs income outlook, and continue more the North third net quarter sales trade policy pressure and by on grew America
market While independent the we project market, to market were volumes exist XX% sales translation. North XXXX unfavorable for International we share share. confident due analysis America lower currency to are short-term compared gain lower and does that not
and be extended uncertainty order delayed Sales presidential impacts from in Brazil election. approvals were government-sponsored finance the of currency, programs continued down were from also releases impact XX%. to due to the sales regarding lower, as Excluding
to representatives irrigation the and as drip the government we hosted ag markets on consistently management. the from company, agriculture at Irrigation and critical trade. policymakers, as week, global in are will water Israeli spoke of showcased the business and a Israeli which AgTech campus and solutions and highlighted, As sustainability Summit Valley, total we Nebraska U.S. first-of-its-kind how future importance have global long-term come technology Last advanced our growth crop well Netafim, technology. international of
technology. are of nine companies Valley Israeli scale. agtech how global leading addition, are a example This businesses use summit one their on advancements and In in technology the global expanding how Irrigation irrigation of presented is Valmont
we the at summit, the North from software strategy advance market believe of our technology market. benefit continue Valley during even growers by attendance challenging Last our Scheduling month, We solutions we release evidenced delivering market. offerings the to As of to to integrated America conditions. the the expanded these
solution countries utilized how We has growers, more field-proven this in to to water. decisions refined innovative different more when, make over been past on are million them than the XX excited X on crop where, and crops. data-driven acres real-time, technology management XX offer This years and is fully being even XX total and enabling to much to
our of to operations side Moving business. the
global actions Additional Systems the in completed the optimize a efficiencies of location consolidation our China taken We Access in were and chain three to province. our footprint. in single into the during improve Shanghai supply facilities quarter
have by cash million $XX call the new Engineered of combined our restructuring in will XXXX. expense. $XX market costs manufacturing the Ongoing We anticipated growth operational strategies update. over market is our like also increase actions the pre-tax $XX million, facility conditions, local turn an full-year in throughout Mark for to of I closure, We Support with with to province. stated that of footprint an these now taken believe which the million others the facility financial estimate end year in additional resulted would the align strategic from evaluations closed the a to of Structures expenses from Shandong Shandong plus
