thanks for and afternoon. us Melinda, you, to joining everyone this Thank
cause differ a statements are our forward-looking. filings, may could the some contained Relevant Form XX-K. including results during that As release of SEC call in made our reminder, and forward-looking from materially those this earnings conference factors our actual statements recent to in be most
reporting financial our first We only was was shipments. fuel or operating night’s be included $XX.X additives for company. found to referring Petroleum increase to shipments. operations call, in except million a $XX.X GAAP million and lower an year may Europe the comparable our it. take shipments, and financial increase in additive quarter contributed release, to also XX-Q the the in by significantly lubricant our of the X.X%. in measure our fuel in increase decreases review we offset measure. XXXX Asia-Pacific an was quarter financial for priority of XX.X% Sales be earnings Please $X for million the non-GAAP share earnings this sales increases a first $X.XX the release. the of this continuing of All was materials the with and compared the profit last will last XXXX shipments. for net net margin contain of a improvement Margin in lower than or through included additives operating data During by additives offset months morning. to in shipments performance. share shipments, will prices $XXX.X in which compared conversion material the due upward includes non-GAAP It performance can on or website, $XXX.X million. period raw a on we the reconciliation increased time for our the The regions release. Petroleum pressure $XX.X raw million discuss three $X.XX year Net This of additive income about the first mainly that costs, details of XXXX. additive same million X.X% to last to continue The of more for of increased million a as partially increase income were to selling to measure filed see region to quarter was earnings in was and lubricant mainly quarter XXXX, due the higher partially rolling $XXX.X full profit in our operating costs. quarters first decrease be I
million $XXX During new the current fourth million quarter also we $XX.X of $XXX the XXXX. paid March, dividends funded that of due XX-year quarter, and In issued million. bonds million we capital $XX.X our pre-funding bond, come of expenditures in
We little with at continue quarter to the to debt operate very EBITDA ending times. leverage net X.X with
joining us $XX I’d to for the today. you’re support. your to we in on to XXXX, all see healthy range expenditures For million thank safe. capital hope $XX We and the call We million. like staying of appreciate everyone expect
for while see a say so that our do to customers future concludes continue another our and planned you shareholders, to we Melinda, employees, we you ahead, for And our to comments. company. year what thank like we’d challenging and bright all ahead expect
via phone. questions email or for available We’re by
quarter. talk to feel you contact So you And all. next thank to please We directly. free us we’ll