thank I and of our and Luke, specifics performance, before overview with XXXX and our then Q&A. and then key highlights Arun the will and thoughts share strategic up guidance. will balance an you will I our financial markets. joining for Thanks, detailed direction cover outlook with performance will on start all wrap opening on for our some sheet call. on areas focus
scheduled our X, We Slide that ships by in Sea did by activity the reduction The program clear was on driven it's significant had Latin and revenue pleased North the full a of further Mexico. anticipated. illustrated reduction go delta direct containment As and cost delivering fourth EBITDA America, the as versus in in few quarter changes.
Nonetheless, not amplified activity in of exceeding of tenacity to Weatherford a margins adjusted a was team's with the I achieve for efforts consequence am and pockets. our XX% guidance year. objective these The on very proud other
a fourth the a America generate was in in North generation adjusted U.S. QX, reduction partially cash activity, was flow million America strong of cash demonstrated improved quarter, standpoint, to in free down primarily $XXX From performance to by North allowing we offset our which due continued Additionally, regional year. in us offshore sequentially, the business. X% land revenue for
international America and X% down was Our business down driven X% year-over-year, by particularly sequentially primarily Mexico. and Latin
of XX% though, top growth at XX% year came QX which of at line for XX.X%, on region, by Middle margins driven in full in spearheaded North Importantly, by basis, international business revenues. Africa year-on-year and growth. EBITDA our a the East, the impact Asia generated clocked Adjusted lower
as improve unfortunately, have year when Qatar, margin success achieved revenues years. a maintained in adjusted XX.X%, our in while margins XX grew fourth We we over at flat notable decline.
Despite in marking the we Argentina. Oman, demonstrated, can environment. Throughout we delivered always Thailand, Kingdom that cannot fight for year, the But full year, high the several year we with EBITDA the Arabia Saudi prior Malaysia, the UAE, stories. even and in The XX% shortfall, full Indonesia, line we U.K. guidance also rates full math margins the of growth Kuwait, quarter the experienced growth highest
X%, and job outstanding I has that improving an remains North While of America challenged down once team done was margins. again am the pleased year-on-year
$X.XX we $XX half quarterly of approximately and dividends have of share, million X, the paid Slide per on now XXXX. of second during shares repurchased shown As X
believe market to investment vary conditions, at While levels opportunity. undervalued this due each amount we quarter is these compelling stock and represents the may a
it in lines DRE, all of remains remain in market a advancements significant significant XXXX. I continued largest operational mid-double and innovation XXXX. In and our and growth our product growth. also X digits technology of in Slides a lines our highlights grew excited following services customer technical over Within portfolio.
We past to Moreover, our is intensity, creating enhancement new that a product the X has exhibited have achieved line, growth organic capital completions major in to our business XXXX, product our product is of business uptick. services this product solutions, turning innovative WCC, and enables number through and rigless Now on penetration, year in OpEx-focused mid-XX% The very showcased generated segment intervention versus adoption this overview payback growth XX. in significant represents relying growth over about This dedicated on production quick business significant years.
In grown well XX%, a of years, is couple attention line. the activity rejuvenation for we intrinsic through well and customers our vector. by it low case and
and efficiency As operational of our number Company a contract costs segment by earnings MPD specified on mentioned we and continue significant deploying intelligent in the MPD Notable to contract in Weatherford and services presentation, the release to secure improve Victus highlights include Oil pages Kuwait reduce awarding system. awards.
part Additionally, we of services for growth contract of create through can ADNOC well as Weatherford its exemplifies a onshore potential reactivation awarded the strengths. the rigless services X-year offerings. The latter
achieve customers. innovations focus above by major showcasing of portfolio continue proposition within to value and We technology our remain the with we penetration, confident adoption market technology that can the and growth on we levels
fair turning of market.
There is Now that year degree on as view a our the will the to evolves. uncertainty clarify
half negative biggest Mexico, at in immediate in headwind a XXXX. more are face we However, the term. of first outlook anticipated is to compared the significantly drop activity present, levels the The where bias has to
prudent year, rebound our adopting this capacity. a is a of and a the approach in there cautious are regarding we possibility half second While of
drive years potential, growth term, and revenues will create and revenue extraordinarily on with on Mexico enterprise over the be Coupled believe than its strong continue short few XXXX. will minimizing While lower past benefited in exposure focus we our drag margins and the from cash Russia, long-term and to in risk. a XXXX for this
the Canada, Brazil, like countries However, I Arabia, world Kuwait, rest am Thailand as decline. in Saudi offset partially help Norway encouraged will the by the and of outlook the
is down and international total a XXXX, will of Russia. For predominantly function which revenues likely Mexico digits, mid-single be
translates and segment mid-single Excluding countries, years. likely and be U.S. basis, offset DRE we digits to by of North an expected in to that's enterprise single low standpoint, digits. for XXXX, low WCC high are there continue these digits same Canada.
From international trend coming would year, PRI down be single partially America X stability see primarily due revenues digits that this and down the single a land for to outlook on down the years. couple to up continued a the and revenues past as low
changes customer on schedules. and some may mix throughout the there However, based year be plans
revenue and Mexico to For QX, along Latin decline due by the by followed quarter-on-quarter are Sub-Saharan timing. North in digits. international Africa mid-double America revenue is contract with revenues America due down Considering closely Russia, overall markets expected to digits Europe, Russia with these and decline most challenges, to pronounced single FX and low
line a We have revenues. to quarter of good second increase in a material sight
contracts in is sequential run We and while of new the changes up year really Mexico revenue MENA going have appropriately. contracts growth and driven commenced Europe. The magnitude limited order be to sized decline total XX%. And in integrated to ramp XX% QX is is in of contract manifested rate starts, forward. by projected the
good Additionally, first by have driven half of levels, from rise once contract half to this again second should sight be revenues that followed by to. in we line starts another
and As These intersection the focus softness I'd we the in we over to each to innovation. on like preserving as effect.
With control healthy the began half investments several programs that reduce ensuring to product the fourth plans improve and in actions keeping are Arun. and of to see longer-term aspects at country. take margins our line Margins our turn launched in the quarter, that, across revenue and while costs of ensure productivity we're will and check cost full call company to substantially second expected detrimentals
