Andy. I'll performance market. a Thanks our begin Slide X summary with of on by end
the to first commentary lower and automotive, well continue the largely throughout As in response, Transportation markets, two replenishment deployed end In levels this industrial. and quarter into sales aerospace, defense, and a we U.S. troops slide defense, general heater preceding alternative ourselves only. a flameless On as to for The response, we the we've decreased by financial slide full and fuel, year-to-date included which markets; as classify key the for first healthcare reminder, three healthcare. and which XXXX current the X.X% field, end of attribute quarterly includes lower on numbers orders quarter ration three. expect we references due to trend years.
XX.X% increase. quarter quarter powders military demand expanded one's solid. realized and to for transportation flares remained sales strong in similar while we using magnesium two Quarterly in quarter However, one, response XX.X% following healthcare first revenues
enabled quarter optimism on for used wheels, sales demonstrating with sales lines. this used while demand our magnesium in well one through continued zirconium also exciting magnesium actions General as market performance, future for XX.X% heels powders, are products, oxides of growth hydrogen encouraged for the We as quarter our commercial two fuel of we alternative Commercial growth end inflation. graphic especially XXXX systems in Industrial in lower this quarter, revenue the in billet all cost quarter alloy autocatalysis And encouraged mentioned, financial games performed acceleration for increase. orders support rising as were by Andy of well, oxygen. this Electronic towards the which to XX.X% led Demand cylinders aircraft based our in opportunity. and in Sales pass our slides aerospace well strength. us the the benefit nearly to recovery as magnesium drove by advance delivery automotive for from the increased Overall, targets. products helicopter deployment categories of performance our further escape amid alloys broad and to gearboxes, which we're as the cabin including arts,
of Now, a quarter second please turn summary to Slide results. X our for
$XXX.X of year. the XX.X% from prior million million $XX.X sales quarter Second or increased
price quarterly headwinds Consolidated EBITDA of of $XX.X we of million exchange aggregate million $XX this of cost taken actions enjoyed for address meaning and effort increases foreign price anticipated, growth. disruptions. chain supply from million, offset benefited and X.X% adjusted cost Our input as experienced revenues the the actions, year. the decreased $X.X did $X.X million other revenue excluding million fully $X.X prior increased additional not enacted impact to inflation FX. quarter We Though from XX% or sales of volume by
customers inflation we pleased near-term second half, the pass As price in in not where we ability the two limited conditions. cost operating are our remain further in quarter our to Overall, contract. through our adjustments in amid implement dynamic we performance confident to with by
inflation, Slide in firm and our pass our review efforts driven input results to prior XX.X% end Let's revenues as industrial Elektron X. well segment million demand markets. year, by automotive, of $XX.X strong as on from the through our rose cost aerospace,
of million cost cylinder the Gas $XX.X quarter. XX.X million sales or million EBITDA and a from segment nominal pass modest by X.X% XX.X% by helped $X.X increased gains. foreign Our decreased exchange Elektron of prior through
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this sequential improvement remain confident for outlook healthy financial segments. Given in we backlog, the continued the order and our
cash Now to strengths. position let's and one Slide flow X. serve as our balance on core capital our of turn sheet metrics key to Luxfer’s continues
supply enabled cash some support in in to quarter ongoing million Our from to amid balance health the chain. outflow flow quarter challenges million customers better seen We one. has to improving free the delivered our us the broader sheet $XX.X $X.X
a we annualized at our XX% inventory capital XX% as key believe in customer first short-term working our our long-term While investments to in serves XX.X% strategy. target, sales our of differentiator exceeds
XX-month volume end. target one, position XX% based to measured and to elevated quarter conditions X.X and to working our As as EBITDA I'm $XX.X ROIC the to towards net expect that progress capital trailing back on we We adjusted supply committed level normalize. on remain period in a delivered sales working this of quarter chain within With times XX.X% net further a million, to debt earnings. the ratio modest contributed our report capital accelerating XX% our basis, at pleased debt
and balance well near in sheet serve strength as both this expect We the long term. to
$X.XX line Let's now current we guidance in With this adjusted X. quarter remain our XXXX performance diluted $X.XX expectations, to of EPS two with on deliver track year. financial to review our Slide on
broader Also UK currencies since in invoiced sales at the our of weaker a a Sterling, We foreign continue to up the Pound however, by most earnings by levels forecast. on We're product our lower the are a U.S. to portion dollar to a macro weighted XX% time, defense, order while to is this the monitoring quarter. carefully level Pound. to rate half to a the businesses more translation generally sizable some heaters UK fourth expect underpin flameless anticipate profit translated same cost likely lines, in near-term cause softness complementing backed affecting the to XX% our strength other At will represents base demand revenue to growth flow favorable healthy dollars. that including when we than a encouraged earnings economy. operating of of $X.XX At exchange, sales headwind of strong ration second across be below
As mentioned pass to earlier, through address our to these inflation challenges to with customers. efforts brought increases cost the by continue we
further year. work the terms Our in start contract at existing increased our be area next some when enhanced enable this cost will pass of through of
million pension free conversion a but While free in improvements said, to be year. same this driven may higher, cash in second working focused our pressures pressured XXX% benefit these the target reminder, from XXXX. cash chain recognize flow flow contribution no our we and $XX.X supply remain will in expect as contribution That half capital anticipated that on levels conversion our have compared we significant XXXX
cash associated XXXX, we which remaining with the closed further make restructuring this a to French in payment expect later outlays. significant that manufacturing not do facility year also We anticipate we after
Slide on I Next, priorities to would allocation like review capital our XX.
continue balanced to to of a business. free emphasize back our flow redeployment approach We into cash
our view our as lowest opportunities both are cash the we applications. in hydrogen of highest foremost, growth and We systems as return organic zirconium First such and this activity and flow. risk reinvesting
second continue during a markets our million the equity million $X.X to we shareholders. shares, of dividend weakness We cash in quarter took one, $X.X will to free we increased the adding from also broader last And share. repurchase this flow Earlier to and return of year's $X.XX per of repurchases. quarter, to the accelerating our year, by to portion $X.X quarterly advantage million in in X%
to of return supplement our value. to add two Over bolt the that aim shareholder medium opportunities select areas these M&A term, we objectives activity growth on create to with and additional
our summary, candidate evaluating for flow doing to we free expect significant pipeline complement our are acquisition generate environment. In current organic growth cautiously cash the so over but strategy, We intelligently opportunities several next the in the invest in our call Andy. to balanced to objectives. about Andy And we like I'd longer-term to will to years, line capital this talk which deployments. with back turn approach over now to
