Thanks, Heather, everyone. and welcome
into her in Webster March X. for past best starting four the we dive to thank wish CFO partner business all our Heather while I the as I the Before want CFO welcome Luxfer years. results, my Harding for new and being retirement her Steve We
as difficult our are facing and majeure. gratitude for entire that declaring want role. has successful through challenges unprecedented more our our these to the thank necessary in also of first, to put races primary want talent by customers Luxfer two management this confident I continue Luxfer support the As express customers team their the driven overcome to succession Steve supply experience force and patience processes, times our of my impacting crisis to an chain. who the a we to while be planning suppliers, supply team, to result knowledge I and than our
Now, to results. key or this X four a messages full want page. please I Slide highlights fourth quarter highlight year on and turn to from
XX% are growth are the from by our ongoing end higher aided contributions a First, we delivered our in solid we acquisition. revenue that quarter demand Strong supply sales comparable levels despite pre-pandemic sales to was year-over-year fourth than and report pleased basis. challenges, on SCI markets our across
XX.X% unable year achieved and as with convert we the into strong backlog sales. we acquisition, growth organic SCI ended the record were Excluding to fully demand
XX.X% For increased XX.X% manufacturing year, increased EBITDA SCI. sales the despite at while full inefficiencies
deficit we Second, achieve year after valuation. on pension our cash total payments a flow based even made was zero triennial in to million $XX.X full XXXX our of strong
returned we million addition, shareholders about XXXX. In to and to dividends $XX in share buyback
to EBITDA continue a debt strong with X.X balance sheet maintain net We ratio of times. a to
of supply $X.XX current XXXX. revenue, Third, EBITDA is anticipated range for outlook. year in be clouding full EPS to to in EPS uncertainties to the deliver XXXX despite we expect the the growth $X.XX the and
growth introducing also chain of per goal macro of SCI elimination aerospace Finally, we our are and driven inefficiencies, share, XXXX $X by or normalization more recovery, continued productivity. EPS supply and
Now, chain supply an please status. manufacturing for recovery turn to and Slide the of overview X
sales of but our impact evolving by ability We challenges demand including continue fully constrained to on our experience strong remains into to manufacturing end convert workforce. market demand, COVID-XX the
facing many and three and zirconium own are unprecedented carbon In primary addition, in their materials. two we magnesium, shortages challenges. while others force of fiber Currently, our raw suppliers labor are of our of material experiencing are primary majeure
As negatively are impacted constraints. magnesium by being outlook the XXXX supply an recent our example, performance and
our of LLC new power declared Magnesium the by in global but needs ramping up driven we many shortages, customers, of and supplier, Luxfer's As restrictions by are overseas US magnesium them majeure. meet overwhelmed are environmental primary suppliers, alternate force China. To
and we look now, While continuing continues long-term is majeure, forward our XXXX shortages. clouding returning were LLC anticipated would be our and after regular by business supply to suppliers, and the We to outlook. US optimistic that issue resolved shortage our magnesium the relationships the each with magnesium Magnesium force levels including and
face In Richards primary addition, Africa, at of sand. our in we majeure is continue which South force Bay mine zirconium to supplier
to options, availability. satisfy were material supply we current unable our are levels to to but are We forced adjust ramping as match demand fully alternate rates up still production
volatility facing we higher are addition zirconium. significant raw to and magnesium availability material carbon materials fiber, with critical aluminum, cost input for In issues, as such
presence, confident The have chain to pass-through supply cost our service inflation implemented manufacturing may pass-through remain cornerstone in We fully to In suppliers. our response over and the customer Luxfer's the volatile in our environment, lag months. confident ability and high cost remain long-term inflation to six with ability the to compared six inflationary our is fully as to three in to response inflation nine current navigate levels. crisis the of supply presence significant time months, our timeline of improve typical expertise, multiple relationships to long-term. adjustments our We successfully local our our and be
products provides new uncertain soon, begin and time. for accepting a the chain will We confident so and be this competitors established year. orders manufacturing that this versus the supplier half inflation us force with sustainable and majeure that Overall, customers that impacted our localized of unprecedented in we are our we us second supply are advantage can behind optimistic during
the update for Slide X drivers to on the Now, please year. coming key growth an for turn
macro in products first as such and user investing fuel, aerospace, in healthcare, on defense new our markets alternative trends to capitalize attractive response. continue We end
in user continued user the product in new market products. Specifically, electronics be the anticipate recently we In we growth from zirconium flameless and to UGRE and medical expect introduced end ration and XXXX growth magnesium in driven by from aerospace the continued line, a our recovery heater market.
automotive product line, growing gasoline in to we as our acquisition product In and continued hydrogen growth benefits. auto likely accelerate by expect cylinder growth composite SCI alternative post-COVID shortages. penetration applications reverts post-chip addition, to In double-digits storage fuel continue the and the industry is to from particulate fueled filtration of
Our labor be on in update on going are faster an to when progress. volume he our customers. will the this inflation SCI color outlook. and to X material increase will passing additional Slide we than integration XXXX XXXX to as revenues on Steve for discusses Please turn provide
and our pleased cost are performance has SCI's made activities. and We integration continued team synergy with on progress
end due to driving were organic with the inflation. For synergies even cost cost the year though progress our better-than-expected was growth some positive The were the operating of performance synergies expectations on low SCI's year-over-year XXXX, cash. double-digit and by EBITDA financial of offset losses
migrating to Luxfer's successfully through overhead and the shared We have cost driven cost ERP Luxfer sources. spreading synergies business system by
like SCI's building kit. We a remain additional Luxfer service. employees to I customers. as I who improving made as have our during now Pomona. focused operations of improved on capabilities, all single our in and and delivery have efficiencies to expanded offerings, seamless We standard transition of this through possible into the technological would implementation on-time output consolidations look tool improved offering excellence customers product business Cylinders Gas thank forward for our
details our to Heather the quarter over year for full and let fourth financials. Now, me of call turn
