you, Bonnie. Thank
favor. line at also by the Currency mentioned of Neenah's should business growth progress rate and call, encouraged top global in our translation delivered of XXXX, our take improve to the recent strengthening be XXXX. well appears the has As In growth how we're demand organic positioned acquisitions. and by impressive I'm I and in economies, helped benefits unique organic investments of be advantage also our to our to beginning
in million EBIT. $X.XX of million the translation sales, the $X.X reminder, every quarter, in is difference impact $X.X a about As of
are a these with challenges. positive faced short-term also While of items, number we're meaningful
distribution we have currently the in companies pay new to mentioned, Bonnie striking the monitor escalated on especially impacted of regulation costs has with customer Paper where This comply As majority driven. sharply unfriendly back shipping the half for orders. freight and Fine of year,
change, of year Given regulatory fully us this it's these the structural costs. a nature to overcome to likely take
the of and We have been at least activities, us the these above most service offset impact the $X Without of improvement of fell program year. implementing the rising to to customers. distribution freight levels first million projected are in process changes costs while last still be some costs, half with help to our year, maintaining
of continued instead. projected which prices, end XXXX, pulp Secondly, have the decline rise towards to to were
for XXXX. from increase. happens, a as we're When now that high that is will in to first from quarter Forecasts seeing prices there are be question record decline continue no the
the continually X/X half of forecasts pulp and that Paper with again, are largest that current up be as expectations about in of impact, first the While cost changing, year, million headwind. the XXXX year-over-year are absorbing $XX as Fine much in could
announced demonstrated As taking input quarter Paper address In date. hasn't the the with escalating over before, of we changed our are I Packaging, increased in the appropriate current and second to effective increases prices have each teams actions activities said to That pricing XXXX businesses our late & time. ability costs. and costs Fine additional recently offset
We announcements to the to costs. revenue enough these higher offset expect deliver pulp
initiatives asset business. to loadings. look at manufacturing opportunities to marginal the and a described, we'll In product just aggressively our optimize ensure And to addition we'll pricing examine to take hard manage portfolio continue footprint all costs we
Paper, our businesses while Fine inflationary cost Products committed has reminder, other Paper business to impacts. & Technical to has momentum, Packaging expect deal offset As each We significant deliver line, segments of is a both our a also near-term challenges. cost great clearly some savings costs the Bottom of still to to In as the Fine of when escalated, efforts target are margins. are XXXX, mid-teens. EBIT they live when historical realized. we be like And tend the until in at low, are mid-teen higher improvement input were lower in they're end margins they end now, very
on like would filtration our an transportation provide on business. to Before update closing, U.S. progress I
demonstrated demand our fortunate XXXX, the Germany, continue our capacity and assets have investment grades when we to intentionally originally filtration did. overprepared products the for, we greater progressed. and and have of transportation were believe customers we qualifications costs for we're costs as customer support so incurred tight we qualifications and are with the quarter First the order each hindsight, anticipated. we're were cost that teams make the will remains most importantly, With Market our we longer demand do we've than asking these it than qualifying as new taking and capability to to in ensure to healthy in ready world-class In in said, our of have strong customers. high-performing with made In trained structure. incurred
sales growing capacity XXXX, transportation from provide But Looking until we've growth million those XXXX, losses Appleton this the to are million of XX% support we qualified our volumes filtration. required approximately satisfy growth Appleton historically to with generate $XX of year-over-year expect to sales. In added in point, $XX high continue we'll improve. will and to reached. products rate to single-digit At already comparisons breakeven sales
enter to levels. communicated breakeven before, As targeting at XXXX those we're
led growth sound by to and with Technical Products. we positions market up, wrap So catalysts entered good XXXX
taking spending we've address pressures. and XXXX, levels. the sides rate the cost in increase certainly would be flow efficiencies, these capital disciplined should capital market Cash past. maintain the of our and working as life at some just improve in We're enjoy without easier to in them, necessary actions U.S. we as significant Our near-term the significantly done tax
us asset providing shape, great continue story. growth important and M&A in execute flexibility is as effectively part pursue remains attractive to acquisitions, to of sheet balance our Our plans the our an
materials become evolutionary we faster-growing your execution you, focused I We for will now successes creating as interest. call our to name questions. look strategy the our Thank Finally, future with specialty remain a corporate underscores to and forward you sharing value for our for our recent journey open change shareholders. company. And on
