outstanding you, significantly of on Thank morning. for an you us Graphic the leadership in strategic our Good extending call and was XXXX Packaging. packaging. Thank on We continued business grew today. focused our joining executing Melanie. year initiatives consumer fiber-based
goals. and profitable focus XXXX returns for delivering Our in driving shareholders with consumer growth packaging Vision on line our is
announcing me walk strategic of into new X, this through the let look details are XXXX and investment to Turning the brief we morning. capital year's sharing Slide you the accomplishments before a exciting
acquisitions. margin XX% Sales by and positive billion, the by to for X% $X.X growth strong both the in growth were full-year results and increased sales quarter excellent, organic financial pricing, driven billion $X.X full-year characterized expansion. and Our
billion by margins in to a Adjusted XX% basis $X.X EBITDA XXX pace sales expanded of of faster points grew as XX.X%.
today came capital cost the timeline. our our fiber-based XXXX early consumer original to of production content. recycled utilizing as made The we KX recycled life ramped machine low on we of investment or is have CRB New machine investment, high-quality, production successfully in to investment paperboard largest coated the of packaging commitment long-term evidence
of remains to further returned invest total $XXX XXXX the the million has first on run in in incremental XXXX. this we EBITDA confidence track rate to and annual provided a strategically achieve The with $XX investment The million continue to will of us the EBITDA in moments. detail expertise the success investment as few of
in markets, expectations. acquisition by meet further Growth and property excellent new high our have protected proprietary by provided Europe to The continues our intellectual AR accelerated opportunities consumer Packaging geographic momentum. expansion solutions
targeted million successfully XXXX. Our combined and million in with synergy the goal track realized the $XX on integrated remains first the business $XX team initial
As annual at committed, points expanded remain innovative X.Xx leverage $XX.X the basis consumer XXX and demand forma pro XXXX points innovations from fiber-based packaging. strong product XXXX. X.Xx addressable beyond, organic growth and our customers net year-end a our few geographies, ratio for billion of increased organic net year-end market growth just from $X billion new at declined Through given We achieve global ago. to our to in confident ability basis years of pipeline for sales robust XXX in from we
generating will environment. uncertain we prudent adjusted we grow Steve economic sales year-over-year, expect strong briefly remarks, flow cash invest EPS Looking for value long-term today's while having describe his again and adjusted for into as to XXXX, in balance and for creation will sheet EBITDA
the on X September XXXX period performance in the the moment our Before I Vision walk details XXXX. through over past a new we Slide to me are investment significant announcing let since take of three-year today, reflect announcing on
approximately up supported has organic a organic executed XX% since successfully team sustainability to pivot with global XXXX. Our sales growth net
focused We on and much achieved on fiber-based margins milestones scale net and building have business growing XXXX, a entirely sales, larger expanding packaging. journey pursued Vision to almost our including critical a consumer
Over $X and $X.X to the compound representing rate. adjusted sales XX% growth sales pace Adjusted a than share by EBITDA margin grown expanded past driven billion a annual have billion, by earnings years, have over three per faster expansion. at
financial and XXX of basis a resulted last over Our the shareholder X,XXX results the S&P have achievements three points. by return outperforming total return in years XX%,
to as through differentiate us. leadership fiber-based value of consumer our a packaging we advance creating XXXX. made are capabilities investments Vision The We have company our
me As say are you've heard we before, race. different a running
our this only Slide North to to it CRB for details role X to consumer Packaging American will the upgrade and meeting our Let provide play Graphic the in commitment investing demand expand producer announcement capabilities. and sustainable me to meaningfully morning is turn package. regarding now long-term
Packaging places, growing confident more recognize investors. We future this distinct are to this taking paperboard will CRB are more strategy right customers meet steps the our our We the to that value our and Consumer and to is to deliver demand. substrate and can include The to provide. position we of network opportunities
in have this these further and from leadership advances. position cost will a CRB a investment We strong and capability perspective,
American be expertise our a new in recent mill mill unique Waco, system member] leveraging the in will KX investment our CRB [muscle and We leading CRB to our production, from Texas. North build
our Packaging environmental not our our America. investment improves optimization supports CRB low-cost further in network North to the but producer as paperboard of footprint paperboard highest-quality and distinguish enhances only full Importantly, capabilities, this Graphic
well expect significant to drive result, into a future. As improvement and the EBITDA sustainable we
Today's benefit more a fiber-based to Referring most made X, the is according package bin. than materials their with they consumers aware the cyclical is consumers packaging as growing the sustainability And ever. place the the see survey, materials rank recycled of CRB, demand efforts claim. time packaging from packaging recent Dual recycling to Slide made each for a environmentally consumer. by with driven recycling appealing to made a consumer
in with to their with use modern recyclability sustainability them trends produced consumer state-of-the-art goals improved recycled support more demand, the of in breadth is Not is for mills of the preferences publicly advancing key seeking is and utilizing customers growing imagine, for Packaging's driver our their can by also doing what our are the to combined you consumers packaging. As are responding quality materials a This line so telling CRB-based overall Graphic CRB and technology opportunities latest their committed by packaging. expanding programs. only
how demonstrates investment X will competitors. to we this CRB the compared for new demand Slide believe at unmatched our increased cost an meet
optimize the see, expanding our us Waco can capacity to mills by to global you As time network while demand. further over of higher-cost closing meet growing addition allows still
decades-old Waco see used technology that completed clear meaningful new compared to these cost inherent Kalamazoo. new to the mirror will machine machines machines the It's produce expect per and in capacity machine modern to the of cost recently in improvement elsewhere. We KX provides step-change the ton
Notably, cost the to differentiation competitive as is this substrate compared to CRB expansive other substrates. unique fiber-based
built manner future what is a efficient was We are the more building far the that for than in past. in
to X. Slide Turning
the within In itself, city situated a growing Waco of secured we a ideally economic in location to is mill center. addition to efficiency The excited Triangle. positioned Texas the that are very have of the is
a well our Waco located to Texas roadway logistics facilities customers. as the a Our approximately existing within fiber supply to our support and also miles basket. existing easy has new in as to providing be of perspective a XXX advantaged from mill strong infrastructure packaging mill access population rail XX% recycled of will strategically and
of joining community the working support base the we talent the county city are area. We from to we process. the have appreciate forward and our site XXXX. and Waco a selection we We the expect with XXXX looking with up to strong commissioning great the begin and engagement the received perspective, the ramping From as in end in and start by timing production this quarter conducted construction early machine
allows to meet ramp-up process, mill both us in ability leverage key to after with shortly projected the confidence recycled build and Our internally external production that the learnings partners, timeline us paperboard our added to which KX decision on new this our quickly machine. gives from
XX for lower at strategically are cost mill With optimized map targeted new closures, capacity. and and and mill network. Slide network increase future an shows mill investment our this will we that current simplified a looking updated
paperboard throughout mills the Southeast, basket which country. in virgin the the virgin Our is fiber are located best
to future well in the network We will across have in as coverage today CRB have located mill adjust Our optimized two than X% more strong with the industry-leading flexibility geographically be Mexico. estimate mills capacity United as will States in and we Canada demand. the the to with provide capacity line
as meet other virgin mill historically system packages now This our improved is quality CRB capacity will some capacity new Importantly, can benefits made The possible CRB. while our across expansion across substrate will fiber the be require to new virgin by mills the that global of enable mill, free growing up demand. incremental run driven machines by our with in substrates. our other the optimization made the addition Waco
rates packaging global excess of mill our growth producer as America. operation. our in network cost, Overall, and support optimization of extend in lowest once North plans quality plans position integration will our in combination is the mill investment paperboard The highest the new this XX% will
to and quality also new capacity cost significant Beyond outlined Slide investment on there are this advantages sustainability as XX.
investment. our we increases to an percentage waste that of fibers. a we of exported. range our This First, clean separate large will ability of is enhanced be cannot investment paperboard and our secondary drum broader circularity a Today, system pulper increasing through recycle
own internally XXX% generated enable to designed mills waste. paperboard of side Waco Our a and the rolls our recycling
fiber that as of as shipping impact reduce the for the well value of processing. the capture to plan fiber We environmental offshore
processed tons cup waste This of We fiber paper rolls increases and ability. the today. external of mill purchasing also the be our around Waco do enhance as at security we are significantly will versus will estimating side machine secondary also This XXX,XXX fiber the recycling secondary supply.
To to rate have this cups increase The further the paper of recycling take our to teams more capacity, a drum we support has to partners recovery launched engage the per day. pulper to circular collection XX million to with up paper advantage and process customers economy. increased recycling cups and of capacity
initial expect, interest you very is from would As high. customers
Additionally, optimization environmental the expected network CRB our improve to is footprint. mill
technologies to CRB our gas generate all well efficiency reliability. Investments turbine needed optimized gas produce the North as greenhouse Our network to expected as emissions drying by steam mill improve and decrease the absolute for mill in electricity overall XX%. by as will American are paperboard in such
over highlights operating course and the three on let XX. project flow cover the is balanced approach will funded of of investment years internally capital be billion our with allocation. to consistent cash approximately the Lastly, $X me Slide financial with This
business with invest manageable debt We sheet and have strong have flexibility levels. a balance to in our
detail reduce leverage will to further, remain continuing Steve focused in As XXXX. on we our net
million expect optimized capacity. mill We incremental reduction mill EBITDA driven will its full and of generate by benefit million run approximately annual state-of-the-art through rate, cost of $XXX $XXX million the at $XX
summary, In the in to XXXX, investment leadership we in expect $XX our the the realize for consumer showcases investment meet approximately how machine's strategic the extending fiber-based solutions. operation. demand sustainable We in on packaging year more first are to million growing return packaging of
turn to the full-year call Steve? with and Steve on With detail quarter that, more provide the XXXX to I'll financials guidance. over along
