is Good take interest and announced appreciate in to of our quarter, My the Operator. today first with you Joe the through is you and today. the for earlier time Doolan, name call. our your Manitex Joe join we Coffey. afternoon, you, And gentlemen, me will ladies CFO. thank taking Mike you Thank which International. details We financial
a be as site The our the details Following brief change, open our and to which is SEC happy our for our will available company. two you Please you Slide Web to to reminds which this telephone can be our line safe we further our other factors statement, is everything remarks, will we available on is is we be for seven that questions. for call. refer prepared filings, will presentation many with for a described the risk and in custom, cover days, slides for release replay associated discuss information, harbor as see subject including year. the the for
business. and started. announcement regarding and supports the would shareholders of to like refinancing. acquisition acquisition highlights, our period on around will call, today's margins financial results We improving since; provide our also the for for and key overall our activity operating and opportunities from some XXXX, additional Rentals, our XX, get we believe the strategy which April through both Rabern and value we directly let's first So for XXXX; On of the quarter focus business during trends longer-term insight
now electric our as a work the strong products, cranes aerial are positioned weeks an on the successfully branded role increase will X PM offer These while and moment -- Valla, industry. rental on array further, helped further new culture focus growing acquisition founded capitalize following boom to brand introduce branded XX My serve to Oil ago, in-demand most improved successful leveraging trace and years and and is desirable through market the impressive its well XX I strong To company product facilitate solutions, and that have take Rentals. back flagship more offerings. their years. Manitex track and can organizations product portfolio, construction building fortune businesses position has a solutions. world. of unique industry an mobile market. of than & history focus to We The on is impressive offers the identify, emissions XXx three company position. a was record those strength I we process the has go for have line creating lifting team as platforms array opportunities the operational fully well truck articulated acquire MAC. margins for well improved I'd offering, This establish improved roots as to This operating me efficiency, markets its had equipment truck-mounted appointed engagement agile and experience in on a has construction the consulting ingenious experiences multinational of a a Manitex with product competed of mining companies the which penetrate over robust integration great admirable portfolio assess and to and like margins. CEO Manitex' Before an companies position gaining achieved strategic end of been its innovations with quality more known Rabern in fully any to size. operations, against and manufacturing. product largest These also growth Manitex by in believe Steel complement reputation. I've and helped this directing and myself as or both I successfully a profitability complemented leveraging company's our through and is an
As a long so capabilities, of with former have by more customer people. been Manitex, impressed impressed even but I product its its
healthy to to For this this we look backlog. here reason, our sales is motivated Manitex I very happy gain value customers others, at perhaps am very and by and bring above The all to underscored be forward with team. a in working
sales we the quarter quarter million. XX% valued with $XXX growing were First closed and at up a year-over-year, backlog
well new backlog, from we backlog driven in overall and as improvement American-based headwinds categories. to most continue orders attaining Despite was this customers. was strong made our customers internationally face North margin to in our gross based Our in as build performance. EBITDA by equally progress demand Product
regardless first the EBITDA to facing XX.X% by to of logistics, slowed Improvements overall including sales. of have profit gross hindered and inflationary For was X.X% quarter, costs. margin manufacturers the dynamics was gross industry, and increases marginal pressures production margin supplier been all margin
However, we quarters, show EBITDA accelerating during are and past to attain efforts of our results. will margins, to stated two be the which performance. improve with goal have Encouraged our retain taken to action double-digit beginning we these results,
and will efficiencies. we continue efforts improve First, short-term to output production
suppliers of chain working qualified We logistics supply to better delays. are also lessen and add to impact leverage the our
proven processes output. in outcomes cost More improve improved the future. scheduling, forward and look and embracing with we I will to reduce their these about you be to initiatives streamline importantly, speaking
is of management and Board and higher reflection previously. Rabern direct identifying committed revenues to executive have More with margins. importantly, the Rentals this the this to paths We've commitment. discussed a pursuing team of And addition
expansion the that with the efforts West underway Texas, there. organic in and located addition, are pleased are We
might could during provide own first quarter, we of the Rabern some together. it did thought we the While performed not businesses context how have
approximately XXXX. contribution Albeit $XXX pro have on a in million $X in XXXX Manitex and million reported Rentals EBITDA doubled forma, sales XX, $X the million EBITDA. effectively EBITDA in previously As businesses million XXXX. finished sales $XX with theoretical would in April achieved in Rabern Concurrently, and approximately in combined
confident we reason, this of our deliver the For combined our to ability businesses are improvements to margins. in
systems. Rabern have onto We begun integrate to Manitex Rentals
while will designed growth organic returns for increasing our focus generate to I'll the some initiatives efficiency been underway and manufacturing more processes, have support we operational turn Board that shareholders quite on and comments to financial some it later. our I'd margins forward, we've time Going to of require. now, Joe the targeting like excellence kind and and on Joe? for performance. over this to But discuss our
