Mark W. Miles
Slide morning, like everyone you, everyone. Tom, to now. and good Thank I'd X refer to
EBITDA EBITDA year million, segments. by lower was constant quarter business basis. and our First Strength were adjusted our costs resin was consumer for quarter. four & million. which $X.XXX in XXXX from volumes March the $XXX acquisitions, inflation earnings from reduction in and efforts sales achieved quarters the slightly offset Contributions including of in a synergies, materials cost Specialties quarter currency quarter. packaging acquired ended lower softer and impact perspective, quarter on partially Materials X% volume higher in other Hygiene prior than volumes lower base businesses acquisition for offset billion and Operating costs the by were recent along raw $X,XXX Engineered we record our and a Accounting From recent annualized with the manufacturing cost Health, was an March
the operating to $XXX partially the decrease was acquisition. at million, the X% of a division our by Looking on quarter offset starting Laddawn segment, year results Sales attributed the for quarter volumes, slide X. primarily prior each Engineered Materials of lower for from organic
prices supply a we and the by prior million on inflation Engineered to Operating Materials plastic Lower volumes, the destocking. costs During decrease lower of impacted prices. customer was $XX sales material $XXX from related in the of of quarter resin the along EBITDA lower resin million, disruption with were division benefit to our resin pass-through the outside compared qualifications, exceeded year.
Specialties $XXX quarter. partially attributed and the lower X, by prior-year to acquisition. demand, Health, the Next of prices our on pass-through softer slide resin Hygiene compared Clopay unfavorable X% of decrease impact, the quarter, sales million currency an in delivered was in $XXX primarily the offset million to The division &
scale brands position and was in and sales baby these million provide. leading $X quarter lead million. lower increase secure focused from timing on softer worked business, foster period. hygiene. great low-cost way base by destocking, and and care, customer hygiene and with $XXX in future to will benefits differentiation weakness product the cost Specifically, the We The the us platform unfavorable position plastic reduction hard in result organic market lower the the well we increased of in through EBITDA will innovation impact. leveraging of global resin for We've Clopay the in as as the end-users the decline and transitions know-how our and the driven works currency our a primarily to the customer was volumes EBITDA primarily operating in in offset demand X% remain terms a capabilities, hygiene category, initiatives an the partially costs, lag Operating low-cost to relationships acquisition, by
partially X% organic continued products. was the that This operating to Packaging sales Consumer expenses operating were previously quarter million XXXX million million Operating X, $XXX timing continued driven $XX of in our our income million $XXX growth as by our for costs. of March million, division The primarily lag the prior-year discussed of in costs, items $X manufacturing RPC, compared recovery XX% sales benefits volume in and the higher raw from in and was of quarter. slide associated provides to to lower the from Packaging higher by Slide million a Turning EBITDA improvement. primarily foodservice decreased which division, by increase income statement the offset in the our organic the offset Consumer transportation proposed growth the Overall, was quarter. primarily for than lag slightly result by was quarter. second $XXX timing growth summary the EBITDA driven the $XXX resin acquisition X quarter, fiscal the drove material partially other with a
proposed into diluted quarter, and entered RPC at per diluted $X.XX million in $XX in came earnings share line to Our net part exchange $X.XX the forward the income Earnings the the in million included per in prior-year prior-year $XX the million decrease $XX pre-tax related in of income to as quarter. adjusted share million contracts quarter. current was was an compared expense $XX with The transaction. for quarter foreign net
the from cash XXXX of flow XX% plastic the XX, of quarter, Next, operations resin generated costs. result of increase lower March in primarily the on from a company million representing slide quarter, an $XXX
flow $XX quarter in a on as as the is As cost cash well reminder, of adjusted capital were reduction projects. spending year. the Net generated our last half expenditures majority as of our in we million growth-related the free incurred initiatives fiscal annual
capitalization. free $XXX XX% our of cash record cash our We market flow nearly quarter-end continued flow free growing track of the yield a record level adjusted using our an generating million, four represents adjusted for last quarters flow, which cash free of of
and have dependable sheet historically. increasing, substantial the consistently to opportunity improve quickly free demonstrated cash we Our balance flow us provides as our
for fiscal guidance and shown XX. on slide financial XXXX are assumptions Our
capital free operations, use cash our by of guidance cash XXXX improvement of reaffirming prior an costs is adjusted includes the other partially from the of of lower – $XXX billion for fiscal million, are of our $X.XX which partially million. from earnings cash of This We call offset and working to expenditures pricing. $XX million, $XX reflect flow $XXX resin flow includes of which million capital benefit
In segments addition, cash foreign currency from and is estimate The to with our by start million, our the $XX exchange. unfavorable we HH&S are million. bringing primarily Engineered driven Materials by XXXX being in reducing taxes impact offset slower earnings an our $XXX reduction along fiscal
is and guidance updated now, I'll financial acquisition These estimate RPC exclude for This to interest concludes will And Tom. continues acquisition assumptions the turn back all be Our cash proposed the be of completed. my it after review. $XXX million. to
