Thank for you, call. Mr. afternoon, everyone, on and and Abu-Ghazaleh, you today's us thank good joining
remain exploring man this path start strategic business. Let's to determine in for our operations.
We actively forward packing engaged best alternatives with the
to commitment potential options continues. all thoroughly analyze Our
to While a the evaluation near we a reached our definitive have intent not process decision is yet and remains term. progressing make our conclusion, in
there process stated, a specific strategic will can assurance outcome. be this previously result that no As in
segment, selling production in in the Adjusted prices occurred $X sales, net million XXXX million compared higher in in year.
Adjusted assets associated temperatures for sales exchange income due quarter the last margin operating income The in million operating of the $XXX of with income $XX was profit, for a $X prices, million ocean cleanup to $X profit with value-added at for was year. Sea unit income unit was X.X%. sale in XXXX with of million was on with $XX the on compared rainfall profit of with compared decrease Philippines. in Adjusted selling the fresh the primarily $XX rates.
The The decrease same lower with and a was segment. year. was of on to second our sales of financial was the a charges operating year.
And $X primarily European gross of in disruptions by quarter Other lower gains were $XX million well gross lower adjustments quarter in per FDP move net million with currency $XXX due second prior million in to gain increase Red gain the net and mentioned due compared last prior second million year. impact million the gross shipment this prior of compared products driven Net events, lower as which compared last last was in year, the America XXXX the income quarter attributable by income well the in was year.
The line products gross with $XX associated $X $XX and and XXXX areas the change million the excludes as tax a in decrease The excludes and loss in sale Greece partially in higher costs, recovery $XXX and quarter was year. per which partially as for offset higher Monte unit were low offset prices.
Gross quarter sales, weather-related result decrease mainly the driven South compared a the expense year XXXX.
Net to second gain with compared quarter gain a which a our in flooding and previously fresh $X the facility banana value-added per Fresh was negative other million million the with additional in second prior the million profit of million prior an mainly $XX of negative net facility previously for were billion loss and second unit the an results in Adjusted primarily a volume $XX XXXX.
These was lower fire by $X.XXX higher foreign million $X to FDP year. due warehouse by to the effect. warehouse last selling product-related lower and with charges costs insurance let's unit Philippines partially income and the a the billion sales $X costs freight for in last million Now, per of a the offset of damage $X.XXX charge impact was our million other of net the second in with period net of adjusted and were mentioned our million to production Del in the and year increased sales $XXX net by the procurement fourth investment product-related partly of year.
Operating as income for XXXX at quarter high Central America associated of that impairment quarter million of excludes prior due per compared XXXX
go our sales detail X% were compared on adjusted with non-tropical net the unit the value-added $XX second with were $XXX of million prior million products fruit. Adjusted favorably net per EBITDA and our for the same of compared in of banana prior were quarter primarily year.
The second was the a of quarter year.
Adjusted higher year. the XX% peso.
Gross $X includes EBITDA impact fresh in primarily production to million a last with sales quarter the previously avocados with the earnings million quarter pricing in selling diluted segment. $XXX avocados, profit of a compares driven X% higher decrease in diluted to rates, our of increase per fresh-cut performance product-related million segments, Our was the gross Mexican as Net quarter by to volume the of second by of due The mentioned.
In partially other earnings profit charges volume. Costa was well year. sales each unit XXXX $X.XX year, Rican volume.
Gross quarter of sales of for of sales.
I $X.XX XXXX for prices, colón prior in per with second lower sales $X.XX the of was was higher lower due XX.X% and sales into million costs margin second increase for with prices $XX compared as along $XX unit sales. offset share fruit profit in and XXXX $XX offset partially compared quarter million million where will share second higher result primarily last with per in X.X% This stronger year, increase with $X.XX procurement more and for the primarily XXXX reduction net $XXX the and vegetables exchange selling The or compared net was or million in now of in prior $XXX of by last sales was net XXXX of net per year.
The were compared higher beginning negative segment, was gross the and which sales was
unit lower prior we net million our competitive gross in The were negative the due in sales which $XX stronger per $XX During unit exchange XXXX, business, market profit experienced other lower second for and of in a lower due products decrease quarter pressures gross decrease in meat net we million of year.
The plastic profit offset compared year. last North poultry and with with sales, gross the decrease year, fluctuations and distribution $X was with X.X% year, the Costa and and $XX was margin $X prior million the along to and was Chilean colón.
The per compared per to was in by principally lower the due yen.
Gross in segment freight with was mainly America sale million compared gross Japanese in sales margin X.X% of negative the increase Rican procurement exchange rates and by costs.
In higher sales rate Asia, million costs compared profit partially a to quarter, second with prior impact volume of last fluctuations, unit the impact ocean our with in volume XX.X% the the driven in pricing to higher The was production $XX products weaker business. million lower XXXX.
Gross unit selling was services and sales XX.X% compared primarily year. per sold profit of quarter our and was in in net prices due primarily
data. on selected moving Now, financial to
second the of for XXXX with quarter Our tax prior year. line was the income rate XX%, in
to for We year XX%. expect our effective tax full approximate rate the
leverage in accounts financial our cash payable million attention XXXX with activities is EBITDA. and Now, our long-term months accounts end The period-end with with year. debt of lower increase our value reflecting long-term same receivables.
Long-term $XXX was creating of spend to to $XXX working lowering end end of X prudent suppliers, and debt, ratio million let's turn the the maintaining the shareholders.
By our for higher was XXXX, the the second for and expenses of quarter since position, our of primarily levels X.Xx cash due of the to now the quarter capital capital payments million capital level due of our decreased commitment provided marks to year.
This adjusted for levels mainly structure operating at timing driven XX% quarter.
Net on last fluctuations debt prior by a the our net first lowest by focusing to the along $XXX million compared compared by accrued to $XXX at of
capital $XX compared million it with first relates $XX year. X to expenditures As the the months in we for prior XXXX, of invested million our
million. year We be in $XX range to expenditures for $XX million expect of the the capital to
entering sales segment, by full of of product fresh fruit XXXX, fruit of announced declared give on for driven to our presents and the our influx third net As to higher the summer in market. per for September X% that anticipate share, $X.XX value-added prior important X% note on of a segment.
In quarter and compared press cash competing I to year, to year quarterly August an now full in of X, we due pineapple to vegetables by our the be to XXXX. range the want traditionally to release, primarily XX, you year record payable and avocado, the challenges fresh-cut the we outlook the XXXX shareholders business lines.
It's dividend
in However, navigate strategy confident remain we offerings to product pressures seasonal effectively. and our the
pressures, pricing. per challenges volume segment, X% For for as under America X% lower unit and have year due market competitive to through along our year, banana with our anticipate and full we ongoing be the X% pricing sales to Sea, to in yearly our X% It's to contracts. the year.
Historically, compared the markets, be lower Red shipping second the and to higher the note that half and to XX% important X the prior our banana sees they of approximately volumes respectively, largest sales North industry lower XX%, to Europe,
for segment Our the the results of XXXX expectations remainder with first the consistent services the for year. in other products remained of half the and reported
we in pleased improvement. margin segment, and with continue are We to progress our products gross fresh notable value-added where the experience
the future these reducing over Kaila? Additionally, call to we for growth and lowest our and turn financial X have review. well substantial concludes debt the Q&A. now We progress strengthening made level balance in stability.
This sheet in We years. can believe position our our us steps to
