everyone. Thank you, morning good Mohammad and
during impacted costs our systemic labor profitability. and As third and quarter, noted margins shortages earlier, the increases input in
prior was won. adjusted higher the exchange Net from to meat. pound all other Let’s by fluctuations period decreased while the distribution pressures the versus review in $XX freight, the per fluctuations X.X% third and compared year in were by The pressure, was driven this euro cost materials, segment, was euro, with including mainly margin segments, income including sales colon the and million by results. costs. Korean in decrease quarter service of compared period. partially our year and production quarter third-party period, also approximately profit, offset million in in $XX freight sales million in fuel British resulted The operating and and third products X% the in in income was with or of our million seasonality. gross exchange X% the the these driven impact which labor by particularly billion compared slightly prior packaging Net year with poultry gross higher $XXX,XXX driven net gross sales across the fertilizers, and Positive profit and decrease rates corresponding inflationary mostly to unit by versus costs, of primarily inland the Costa in impacted Adjusted above net and services with positively year prior the period, was Adjusted $XX year Rica and $X compared period. million increased adjusted XXXX $X $XX prior million decrease. rates $XX prior intensified
million in year period. and was had share diluted EBITDA prior prior year period. in relatively $XX prior Adjusted with per non-recurring and EBITDA both corresponding GAAP compared share compared adjusted with the million was of minimal earnings decreased non-operational $XX in per earnings as diluted year diluted in earnings Our margin $X.XX $X.XX to with X.X% period, was periods items. our per line share from the the Adjusted X.X% performance
value-added Let me now turn to fresh segment product results, our segment. beginning and with
primarily per lower sales regions by offset higher by offset per driven sales our lines. quarter net unit sales in segment approximately and in avocado increased unit The our the third value-added higher driven sales increases $X period. net volume. Pineapple North lower increased drivers by sales fresh most XXXX, the million sales in increased products sales primary net were by America, and partially For of price, with product pineapple prices. prior compared Avocado in volume year partially
driven in As related goods up operations, as foodservice food non-tropical Europe our last benefited during to with year. including an prior quarter offset, demand canned net mainly demand from decreased the pandemic by decreased America, related channel. year stocked fruit vegetables, people the North sales more of the decreased compared Packing to Mann Vegetables sales prepared as year prior and in sales volume the lower food third products period. products heightening primarily the customer on COVID-XX from Prepared lower
sales Lastly, the primarily non-tropical net East. fruit in decreased Middle
products variance in Fresh-cut unit gross sales, in by higher million adjusted profit the unit primarily lower distribution was $XX of per by were avocado and production costs the higher America, operations were lower decreased and per driven the and The in with to fresh North price pineapple impacted unit were lower production unit volume, costs. coupled selling and America period. quarter, by production higher primarily America the costs. in product North in and Prepared Packing primary sales lower coupled costs. value-added million net drivers distribution products Mann in with yields per $XX Europe, with higher due decrease lower with coupled North prior distribution vegetables year compared For our unit per in primarily food driven segment per
our segment, X% Moving $X.X with compared or prior period. million the banana increased to year sales
supply industry prior coupled per pressures. gross by consolidated with adjusted our sales million and $X.X unit impacted $XX decrease was per year inflationary distribution profit by was the with with million production The cost excess and driven While compared in costs lower higher unit prices, period. approximately
of data, financial to prior due to administrative select by $XX mainly primarily the lower activities and debt approximately to decrease tax slightly in higher compared income expense moving $XXX $X well with operating net year of balances due the selling, generated rates Partially the from primarily higher expenses. decreased million Year-to-date, we million were increase decrease impacted in Net of interest cost $XXX was $XX jurisdictions. to the levels income was prior increase administrative to quarter primarily $X average higher offsetting pressures million. million current as and as period, in mainly was Now period. inventory, to expenses. lower were benefit due lower attributable higher The compared largely and taxes higher Income of receivables. balance. expenses, general of goods, during related interest in million million in with a expense an was accrued The year flow certain the cash with and payable accounts compared cost
our effectively our a conditions, teams. current is capital priority for Given managing top working
year spending, $XX North to bottlenecks Central pressures our machinery and Asia current our to vessels times projects XXXX in America, our lead expansion with first to As automation, in million and doubled. period. improve X months said expected and added on we this the because have supply spend the to it to container last fleet capital relates America. of compared prior counteract million facilities, improvements lion’s two of we labor relates new of nearly $XX prioritizing the To equipment chain share in with the The that, operations along invested are having in
During bringing total quickly. The value, of sale to quarter of quarter Certain our program debt of above The to cash total under $XX our on the we year. first improvements to proceeds conditions under harder flow management value approach assets, the improvement $XXX at remain million strong completion to end cash the quarter some travel free the disciplined asset underutilized program, third our extend prior The drive the them expect shareholder maximization Based a and close. EBITDA. non-strategic Having which including in selling cash the and return end and include transactions million. $X.X debt cash confident making continuing facilities. of million Total is land flow slightly decreased resulting our past stands entails proceeds sales expenditure date of the capital optimization sales period, said program. asset XX-month better benefits including of from completion quarter, Xx of from planning COVID-XX XXXX cost we will on consolidation received position. at the to reflects This the and that, of supplement are optimization already of program on including $XXX our assets. third the adjusted facilities our we million at on program flow asset and restrictions will and the from the selling land trailing focus successful
XXXX, declared announced of this record press dividend our can concludes turn of payable our Q&A. on financial XX, Deborah? Board financial Directors per cash the to of share results December XXXX. in on XX, now We over This $X.XX a November morning call review. quarterly As shareholders our release, to
