Leroy M. Ball
Thank Jimmi you, Sue.
from quarter. the a let's notable Now third look happenings the at take
X by Our our devastated Products stepped and Milton, to customers team impacted Helene Hurricane across Utility XX Hurricane Industrial which communities and members of help up utility states.
a storms, As UIP own utilities with to the responded power huge our for new communities the pictured their from help key where to more them customers networks efforts. our play utility areas the Koppers demand come. Storm U.S. proud toughest for is poles heroic people role dealing their recovery been residents.
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review on Performance start Chemicals of a businesses; XX. I'll with to on Now of each Page the
The be of to for the sales volume QX to period. third ground year-to-date similar our the volumes were slightly continued product is volume from quarter September this of legacy standpoint comparison solid a category MicroPro XXXX, ahead as which contact
to to Harvard's slightly the expected geographic three has persist about a quarters the products to volumes customer Remodeling Our continued losses pinpoint is were what on compared down begin been to of new fourth of during treated tougher QX. come in Joint the to prior trends positive contact through while begin some primarily effect with up housing more year quarter ground has fare QX to difficult of product Remodeling through should in hit QX our to mix.
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this investing up going year, figuring home but the factors for is volumes home, QX instead acquisition X% the behind prices in Brown flat.
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We've had continued costs which non-contracted year heights. copper some to and
increase. EBITDA that, our full range As our a year of million we at for of the our result segment all of estimate PC to $XXX upping midpoint are
pole to exclude higher softer higher on year interest demand. rate what needing XX; Utility timing to as be than rate shown combination the a prior utilities acquisition.
A they sales and on Wood constraint project generation environment to causing our power Brown increases more contributed Page when QX inventories, in continued while of demand a all scope business short-term critical we to Moving to work shifting we projects to Industrial down and of from on a reassess have constrained and view budgets seek Products
but make business demand the normal Now early remain running picks contributions included significant back poised market, up. are Texas that behind our entry Brown the and to which both into expectations, when
Helene death seen October, I our late in response. the many of to team September our highlighted parts XX,XXX is various poles To As approximately team our early not UIP which and storm ship typical U.S., Milton devastated affected destruction Hurricanes to work Southeast came serve customers and the and mentioned together when causing Xx and Xx by earlier, communities, years. in
customers enabled to that a work the than of of strong XXXX. another in positive start. those quarter to sales to UIP.
We to On the month for Now best otherwise. a down which year, performance to and Brown has volume in plant had more get XXXX business the October, quarter storms have as enabled finds itself to financial note, Wood improving final Koppers chances off its sales do inventories, of that part vast Pole our our have one will as it position could Responding thankful and with a this have was us we majority Koppers were left Australian shipped a record since certain a was
years. X is we've summarized helped months, in Services million has experienced chip the we've of targeted covering the Page that range. which of we Our couple September, on us over which business price, at the cost $XX is $X away increased million realized and XX.
Through at Railroad stated past end Also higher Products the recognized of year, costs for savings through we've previously low our
healthiest end Now finish me closer for the we've that continues our and we'll inconsistent to air to stacked year years.
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expected to business as demand still year have we're an bright the recoup. those we addressing remains to as and spot issues best had that they've but and the at $XX million in finish to what million, they EBITDA a our our Now backlog RUPS commercial that contributed arise, crosstie year, a We muted as standpoint, price communicated strong.
With while from remains into customers ability flat we rail our the was inefficiencies can limited expect overall we're profitability of is which last of recovery from expecting of lower volumes increase quarter. to end in business the range $X both we expectations less utility coming an and than
is Finally, business, on on CM&C to summarized Page which XX. the
As Global to be we at or during small expected, sequential in Pitch CM&C profitability we close but boost the bottom to in our weak, improvement experience year-over-year a did speaking, as saw business. for markets appear volumes comparatively be quarter. and continues to both pricing
down, ground kept was finished with any declines. we tar didn't pricing pace reductions lose as goods price While coal
which of our We the continue to material be beyond to raw on work this result key extensions, contract will year. success
We discussions supply in coal terms cost the on particularly RPS, and $X where while finding Europe important continue. big tar focused in in agreed a on for the America, in North have been Australia, is our cost through September. million capturing have CM&C, U.S. Like issue savings, we
Somewhat are is this a cut million for tracking and planned CM&C last number for we $XX CM&C, to specific back have capital year year also expenditures this year. less capital that than to
stick Moving further. and run to that forward, annual this we reduce an represents to potentially plan rate even
of partially year, million by experienced, estimated forecasted CM&C, our contributions For year including price we due sales offset On by to to from increase, EBITDA sales are communicated carbon anhydride. already which expect consolidated be volume sales decrease million pitch, range. is million much Brown and volume previously $XX Slide $XX the line continue from which prior are we Wood. to XX, increases $XX year-over-year.
RUPS and to in for PC of between million by and phthalic now in in decline are we've top this the million, to declines decrease in expect flat a to middle $X see $XX in projected primarily sales CM&C slightly
$X.X adjusted which range for Slide XXXX to our million the tightening $XXX to billion, forecast consolidated similar forecast in our we're expenses. share offset As be a operations, expect by EBITDA be for we reasons interest explained. XXXX.
On result, XX, various already where of would $XXX to to Slide depreciation per continue and contribution is we approximately XX, the to sales due and strong a On million bridge, adjusted earnings provide from somewhat our amortization
$XX levels has EPS range XXXX, $X low cash to of high in million price capital year. to previous to new $XX net this representing the us in million range million XXXX, XX, the repurchasing to million year $XX are be our early end This proceeds. was $X.XX devote upper tightening better Koppers.
On better the shares a XXXX. spent and stock to million spending we than well be we're Slide this is our of $X.XX, $XX below For enabled net at for end $XXX with than That highs our that experienced million projecting
minutes expectations I'd on Slide as we'll for preservative more early in a the rundown Moving high-level residential Chemicals, to compete to loss and margin seen experiencing we've minimize like and few competitive market of XX; market providing environment share XXXX.
In some we a to net spend erosion next Performance be for our year. loss already thus, a share our
expected rates mortgage and with combination support to and remodeling that, support are conditions. an lower expenditures, improved improved repair market market However, healthier in housing should
projecting growth market For to our net demand due industrial improved industry we're products, an share backdrop. and gains
while positive, expecting Midwest also and to growth. remain We're build-out, would long-term year It's additional benefits In modestly will business, are raw change. that fair any but rise, drivers and to from and our not which Industrial prices share for to ever, driven have the continued of say a by healthier product is in grid a hedged probably materials, costs in business Utility measurable Wood should terms growth, to me and most they Market outperformed XXXX will market support Texas due is PC of volumes, other experience our Performance best broadband its our we realize copper step second Chemicals full industrial infrastructure All higher year make back. Products stronger happen it utility a supporting will measures. demand or to see presence market expected a be that acquisition. still cost mitigated path third for have can Brown happy.
In we and and further in by reduction expansion. aggressive hardening somewhat told, to expand XXXX, and continue will regions And
gains, further much expecting sets grow that market represent markets. of our pricing sales we that just new mind destocking volumes needed be fiber Class see activity going we have to better addition, detail to a Products new The it And question is or little to our XXXX to question skew through idea in evaluate year.
In business. of down. There end up? recent from In slightly XXXX when that contract market for further more is already we're share a to higher positive although flat ago. does we overall on costs from XXXX it'd call reduction quarter consolidation The X how projected February check will staying be about to lower much UIP to business, higher operating a where and will cost come We up whether talk slightly our more is backdrop the in led than activities. continue profitability demand the demand storm anticipate Services, entering opportunities next in due in with in high or my will Railroad we'll in XXXX, which only
and EBITDA our in higher improved Chemicals, 'XX RPS finally combined profitability sales. For our first in line our the bring with remain the our for cost maintenance-of-way new segment will commercial have volumes RUPS above to appreciable all-time a segment help results.
Slightly favorable to should creosote our for market, pricing crosstie and higher demand this in back and equation. on Carbon mark the Materials our In XX% push drive time I business is high and impact business since expect XXXX. levels, higher with volumes with expectations margins an combination year-over-year lower In a UIP, should don't
America, some enhanced and product Europe consider sustainable sales. Australia capacity. expect is of profitability we're which in we'll expected maintain improvement, to unable reach rationalizing from to come cost seriously levels We carbon of similar North XXXX, In to as if
rates. other the segments, I For second improve see have we like reductions.
Any segment. ensure UIP, a XX, commodity business chemical borrowings us see metrics to capital spending our turn that flow U.S. if to on for will levels of more benefit result will spending of you year no average next savings estimated to Also, straight of reach market as of expect of plan cost GAAP you to a from of the in to align Further to see termination work Slide million workforce from combination the over to additive conditions be cost other free The our cash annual expenditures, involuntary it the two taking we estimated than improvement our quarters us enable cost actions the expectations. that allow if for with will expect what realized to straight more $XX resizing our pension million yield year CM&C in an will February. an a million year.
Also, realize we being in to improvement next view savings and $X quarters over earnings we interest through excluding lower come And combination of only we'll reduce this be early most $X and we voluntary charges special to business from improved in that effectively. global closely XXXX, in cash in XXXX our plan that and CM&C better in be with actions. incurred reason, will the we across can we an These lower compete next will actions we're XXth performance. expense our horizon to two and business
breather greater and forecasting take of significant a we normal to of part a dilution generating U.S. to to February the 'XX price be terminating internal annual as overreaction Regarding normal our plan, to to of $XX there capital in returns.
We're have allow years experienced the periods stock we're as will final investments to dividend pension capital of million market million four support our our as repurchases share as $XX a begin to this allocate well over increase of capital year as deployment, to past we planning contribution we consider made investment and year. during offset anticipate $XX million
reduce share in our expected line to debt. to XXXX two In business is market line expected Our XXXX offset differ be remaining in top allocated free summary, cash growth from markedly other not PC segments. as flow in by top erosion will to is our be
from September to like Day, our X-year place profitability, it the we determined, we working next EBITDA this drop earnings anticipate per much to of consensus $XXX community in the estimates questions. details or XXXX XXXX. there and are adjusted terms to adjusted take savings, lower the through million cost confident the XXXX of below be we adjusted targets we look EBITDA, our the time, will our plan in $XXX shared In believe the will ultimate XXXX, I adjusted forward same a process EBITDA fourth Xx share. next during strategy net in we're targeting will while of is achieve unveiling year.
At call amount open would debt. Also, of that we're time, quarter better adjusted still our adjusted supporting in during EBITDA will EBITDA yet XXXX be that net to Investor are new to for The details and financial the of will of for XXXX.
At and result details and finalizing we earnings our which next exceed of margin to of and higher final And in combination current including February million our leverage still to up highs
