Thanks, Josef, the have of and X, I Slide quarter fourth margin morning, drivers. everyone. good EBITDA on comments On a some operating adjusted few
and As below consolidated was dilutive are currently we our this basis average by XX quarter. points Crem's previously mentioned, margins slightly
we strategically additional the and in they a earnings our positive prices accretive initiatives impact. limited B both We the on and from full-year. and and XXX benefited point basis rebates. Reviewing drivers However, to pricing EPS where had Right-Sizing discounts margin, quarter were fourth XX/XX of Simplification for products raised other
from result, operational net improvements savings cost product quarter point on net drove headwind. the efforts pricing as point within a cost as Material was partially plant. takeout lean points cost inflation offset price in was focus headwind, our we by also basis a increasing XXX which basis XX of and XX positive our We are was and a basis
Section As the in quarter. XXX from impact tariffs saw expected, continued the we
net again in this driven XX increased of XXXX. the we was item while point comment the expected from basis is news continue quarter. the the into here. is compressors We quarter on KitchenCare to mix supply that not from supplier by also ensure basis are positive to was cost sales. mix point Volume costs headwind lower compensation. compressor largely was aftermarket headwind good our The our reflected a The last additional absorb negative fourth to issue Volume XXX
original reduce expense very annual cash expense we You organic year's quarter, increase targets. free to our were our may metrics. adjustment was compensation sales and below as fourth recall large well had annual In quarter, as bonuses incentive our incentive bonuses flow performed there to an in that this short-term our a related in on well we fourth last year's incentive
accruing independent second In for public company. incentive addition, only compensation were three-year year our an two was as it in long-term as XXXX grants of cycles we our
plan a three-year program grants the level. sustainable XXXX been matured Now in long-term have we as now for has to of accruing three our incentive
to quarter. cash in and was we Slide quarter. both this quarter, accounts improvements the flow largely Moving payable by free year's increase million fourth X, driven This in of $XX.X XX.X% inventory generated over last a
XXX% over for free XXX% As was in income, year. the flow cash a of the over and percentage quarter net
Our balance and cash to supports We business. by investments year for ability free increased debt each investments short-term of our $X million. million $XX.X in down strong quarter and the flow while allows paid growth delever us cash to generate very sheet our the
X, we sales, X% expect release. with XXXX make to we in provided XXXX. comments Beginning organically I'd in Slide few X% earnings on that a like grow on to guidance the to Finally, by today's
growth with stronger expect to continued EMEA, EMEA with general are regions In APAC, higher drive general growth Convotherm and the APAC. expect in and Merrychef market In and Convotherm continued higher We our market also our in sales from we sales penetration growth expecting fryers. our market by Merrychef and Frymaster all three we ovens. with ovens momentum
Americas, the the We in Crem strong in expecting organic have region. half comps we first from large In chain growth also rollouts tough expect from as growth the are XXXX. modest the we in
the market in to the sales improve of sales dealer ramp conditions higher general gradually expect continued channel the begin in and in NexGen. up as from We
from increases. expect recent also We price to benefit the
expect XXXX KitchenCare again soft in XXXX. begin a growing we sales Finally, to aftermarket following
Our XX.X% and is between be XX.X%. margin EBITDA operating expected to adjusted
anniversary quarter basis XX the the point before Crem expect the first impact we the reach We from in of dilutive acquisition.
Right-Sizing expecting of improvement. between contribution generate XXX are points to and points to and basis Simplification margin basis XXX We our initiatives
We improvements. by efforts, cost XX/XX improvement additional and simplification activities, lean line this product takeout sourcing driven primarily expect product to and be customer strategic line and
We after volume by XX basis in be expect being to negative XXXX. mix points points XXXX to throughout XX positive basis
neutral cost XXXX. We expect price in to be
XXX response Section As we material and on resulting impact tariffs raw the June prices prices. you in raise know, in to the
chain price increased China that We other they continuing X. along the are from place and supply experiencing our they will increase XXX components are in absorb. our we tariff cost address March in portion of have increases from price price a will Section as by XXXX increases to pass imported impact This the are
get We in job have managing tariffs and will implemented. additional done a inflationary these pressures remain good should vigilant
XXX a point XX the Crem, few other on headwind. a to category; margin details point expected be is and FX, Finally, basis to basis which
view impact Crem, In QX It into and and healthcare our our addition which employees. the growth. from investments we control FX for to KitchenConnect vital expected it also to our and includes common increase strategically an includes in long-term planned our increases our initiatives, merit as costs
million XXX.X be to $XX $X.XX is range million and range diluted a fully XX% tax This guidance will rate. share. also in XX% EPS interest $X.XX It expense diluted between $XX adjusted per assumes to shares Our assumes million and outstanding effective XXXX.
year-ago. forecast which current are does not is as of $XXX it expense of from potential notes market potential interest based higher current yield savings million rates, interest a Our are any Also than conditions. refinancing the and uncertain on savings include due to timing high
We to market before patient improve notes. we willing these be conditions consider refinancing are until sufficiently
Q&A, open sheet will statement some attention Please revisions balance information. my now release closing I to concludes additional call press our we cash connection call with That questions. your to move Operator, we for quarter Before identified flow like up would for that our procedures. and we in fourth refer to the to comments.
