X. Thank and Please favorable In income Pulp per compares net We year-over-year announced from for the quarter. previously income fourth shows XXXX EBITDA The our segment full XXXX. income to Slide Arsen. on net sales X. company quarter is adjusted was slightly and and was quarter of in $X.XX. per year $X fourth income $X.XX and fourth mix you, net was our Slide results the diluted comparisons Slide improvement price million, increases, are business our summary from statement share The X consolidated turn and adjusted Paperboard volume. benefited share a corresponding higher XXXX,
of a energy, in division. $XX.X million, our Our and costs represents EBITDA record higher quarterly were EBITDA adjusted inflation, for particularly impacted which This by freight. in chemicals Paperboard adjusted resulted
with Paperboard cost substantial review XXXX relative significant EBITDA the had the mix addition major increases the $XX we realizing previously where some fourth business associated XXXX, a a inflation. that Slide XX Slide XX, million XXXX XXXX. to comparison can price performance had maintenance fourth outages a outages on third relative quarter. fourth We for quarter increases our cost largely impact no compare We in performance Slide quarter our implemented On price the maintenance year XX, quarter. in in major full similar by we turn appendix. planned offset XXXX benefits tissue Please provide XXXX. were in That to to to whereas for to announced in with in we category implemented of year-over-year You in XXXX comparison adjusted the
part we the as to maintain and lower our supply was volumes COVID-driven and in impact Relative significantly demand were due significantly pricing struggled production tissue. the year, lessens. impact Our from to buying margins in inflation dynamics to our sales last below as
site, from mitigate realizing and investment. both final second quarter, step benefits Neenah cost As the in operational our supply and the announced that of you’ll the during helped the in volume which Shelby was chain our closure recall, and we year pressures
Additionally, we reducing by production. working reduce to been our have inventory
at to compare year-over-year XXXX. small we performance. to XX, were our levels factors. inventory and our match now are targeted On production and demand mix expect Slide Price We in
were fixed production business and in a volumes Our significant cost down has substantially sales leverage. that sales
Our our cost facility. inflation, was partially was which Wisconsin by offset closure of the Neenah, significant
in fourth to comparison Slide You XXXX quarter can third review appendix. performance relative of the on quarter a our XX the
and other quarterly We businesses. Slide structure. data have capital outlines on both on our operational XX basis a XX for Slide also financial
Our liquidity was end $XXX fourth the of at quarter. the million
in asset quarter was quarters. second the our cash the largely the realized $XX asset free the third sales, of proceeds, Neenah cash, Wisconsin including with bolstered fourth which site offset flow related associated Neenah, Our closure by quarter and site The costs million, our were $XX million. sale and in in
million. and was debt financial we maturities. flow Our constraint financial do $XX our generation on $XX free present utilized flow full cash free year our to term material Maintenance covenants million. near-term flexibility, a have reduce cash balance loan We not not do to
debt to end net EBITDA the adjusted Our times. at X.X was XXXX of
of some ratio outlook, expect EBITDA make progress $XXX key both times our first to debt, X.X targeted net perspective continue debt adjusted by which We provides our a assumptions the to net drivers XX XXXX Slide and quarter we of the or on of for rest XXXX. achieve around to on million XXXX.
We continue other and expectations inflation that Our we our that predict. supply chain difficult to significant to assets want be assume to to reiterate without continue COVID-related operate disruptions. disruptions
expectation to for $XX $XX current million. adjusted first million of the Our quarter is EBITDA
$X million. me Let by possibly We $XX you fiber, to $X impact during as to to fourth $X to Implemented the negatively chemicals Previously quarter $X are impact EBITDA we are had in price inflation fourth first shipments million is be sales could which our inventory. of $XX impact rebuild to have to energy, million by paperboard in Paperboard’s us million. pricing expected total. be million, quarter flat impact from through Tissue $XX million $X and expect expected offset to walk quarter range quarter announced by million in tissues the shipments increases expected $XX million strong million. lower that and be quarter-over-quarter. in to tissue buildup adjusted in largely being paperboard the us the are and and to to
the major to have $X outages million fourth in We no to outages compared maintenance planned maintenance $X quarter. major of million
quarter, $XX potential the chain We the to of $XXX performance. our experience total, $XX million pricing absenteeism an you key and some some paperboard of cost prices If our impacting with in framework for a at million the start in drivers expect to continue and supply about in benefit current $XXX structure. COVID-related previously We to wanted provide on throughout $XXX to XXXX, XXXX comment of to million tissue. difficulties annual paperboard to would tissue in remain our we annual million announced $XXX and million to levels million think
we by Cost for offset could largely in in In renewal, chemicals million $XX fiber, uncertainty, inflation, terms including We the expect pulp, also agreements price chain growth but of up million. is to XXXX, tissue costs. be have be and expected some energy converted volume. freight, higher benefits both tissue create which volume, and to supply will larger $XXX
also major maintenance net efforts, mitigation financial could We have inflation, labor planned a XXXX. Paperboard expect expected similar cost $XX which business, impact to as of In a headwind. million be outages some approximately our are
last and we For interest additional mentioned quarter $XX outages $XXX between XXXX. are in and depreciation be XX% to XXXX $XX we’re expense our $XX the to to And $XX and believe or cash while million moved and those that anticipating million We our million, maintenance $XX XXXX expect million major out by is expect rate than historical to full to line between XXXX our adjusted due change, be XXXX, XX% some amortization impact taxpayer. our effective have extraordinary that million, the subject higher estimates some capital XXXX. $XX tax $XX million we to outages a complete million approximately million projects and of and to in EBITDA year expenditures timing we with following: also between $XXX excluding average of projects can not and and to issues, in million
these primary on that is we outage mill. Slide Lewiston, The XX. driver the We have for work need included do a at to boiler recovery Idaho estimates on
that with $XX time, in to XXXX. year In per this expect estimate XXXX we million majority likely of to do likely incur, to spend million, full that $XX expenses year. of capital will expected the the this we required an capital not occurring a We our have for addition exceed operating normalized at spending for work it are but exceed
the me Arsen. Let turn back call over to
