to XX. Thank Please Kevin. turn you, slide
same with expansion, are sold priorities showed $XX plan SARD more As enhance these cost our our from cost for to the in align Drive allocation $XX growth. capture levers XXXX, And consistent business we mix identified. that and already exiting continue we we fiscal and we've lines. cost priorities from accelerating capture clear the look have some our very resilience; and savings act margin profitable free capital, priorities. of and lower-end goods clear. discipline have in cash XXXX, million on, reductions operating objectives, flow and completed to the product achieve To demonstrate we productivity conversion, the we Drive million with To strategic profitable XXXX. to innovation, reduction year strategic on our CapEx and focusing working accelerate of actions capital of our improvement segments carryover
to opportunity as the resilience had discipline. our of operating as improved our businesses, we XXXX, year underlying fiscal the demonstrate well During
in driving will discipline. business centric We in focus improvement on our continuous maintain operating model, our
later, comment will been and I As has margin transformation not year our about XXXX improvement. just fiscal
to time each portfolio growth. and this reset business, have our We strategy for innovation accelerate used to our rebalance
slide As year XX. inorganic. both be we enter to our profitable will fiscal accelerating shifting XXXX, growth focus organic turn to Please and drivers,
growth, revenue and of year the net fiscal performance some the cost For items. impact offset self-help reset drivers our partially XXXX, actions, are of by
our cost discipline. demand, not actions we Although COVID the our control over on impact and self-help do have we control do management
macroeconomic a our parts around the in global of there supply potential developments, environment that sequentially high and recent improve While reminder chains. on level uncertainty COVID the impact continues of of to world, the market is still demand
such uncertainty, for Given guidance fiscal not high specific year we provide will XXXX.
on lower-end to of in XXXX. demand. implemented, expect plans to recognize of Any like scenario, the XXXX COVID-XX in governments increased are solutions major sustained long-term on for not mean in vaccine base downside revenue X% we of our will levels the or there actions in assumes potential can sales planned trend below are impact significant of in our not our segments. shutdowns improvements year with of in of key actions, some range This impact product fiscal key macro segments provide significant consumer lines, year saw the the our in EBITDA, trends, more later that expected response, a demand the based and what given clarity upside specific continued fiscal demand self-help The of assuming but our we and fiscal demand fiscal are which remain many together meaningfully for drivers we market scenario exit control, However, still potential, take would trendline our We QX, is industrial no XXXX. comments of continued performance economies, areas our in risks demand year the most uncertainty which X% growth absent. changes until industrial XXXX in do do
to could as growth, as However, upside gross markets benefits recover if industrial quicker, be cost given profit there both well higher absorption. from improved volumes,
to Given offset planning have Between reset the about expect we the $XX improve to now at we feel such to we cost self-help $XX cost self-help the cost as capture, and reductions benefits, organic by outlook. above items actions growth. and million are over our reductions completed, incentive comp, least LTIP confident EBITDA EBITDA the new million opportunities we we by just EBITDA control,
for clear. on agility capitalize resilience is to building we slide the actions control. in factors path the control, our the Focus driving and Please business and we developments Our do XX. turn on to market not
capabilities, impressed digital innovation and a customer modernization. As to we communicated, our our growth out strategic accelerate the the the our be external Asia, of future. achieved This our accelerate positions our portfolio continue during demonstrated change during focus period a accomplishments build is Please and in Ashland to team expand culture, they've internal of build and us XXXX. I'm slide biotech turn and very I centric energy, transformation the additives challenges. level accountability focus XX. have proud significant by and and of ownership teams to for well our
our the our focus our execute transformation we on my plans stay clearly count journey, and in shifting to value Although will know can developed. accelerating of segments. We're in in made to areas, already advancing innovation profitable to M&A my ESG market and growth agenda. On progress accelerating in these a will growth; the will focus impact. so advancing strategy and our key lot focus on our I now that a I and on stage will committed to primary activities, targeted be different be be the leaders delivering completing on I impact driving have We've of
Ashland evolving Environmental, has and journey, been Regarding operations or sustainability progress on under solutions. and our core driving ESG defining and sourcing, Social areas; ever Governance three agenda, an
targets committing and to will create them. Our be delivering on specific focus
a social we a responsibility. and are signatory waste, and COX, steward the for will science-based global and to be UN We become of developing will water Compact Global targets
part for an sustainability portfolio significant sustainability a already our innovation is part profile, a business. of has strong integral Although of our priorities each
As of making Ashland place world application moves the better to forward, a we Materials. are the committed Specialty through
to and we're We part the protect serve, the communities who with, will future, customers of, we respect, and we work continue invest share. our people planet we in shareholders the advance
organic an be Investor for future, continue As and we mid-year growth we focus will XXXX. our on planning to Day
XX. have We I and in turn markets. materials move in the that to positions businesses people fortunate uncertain proactive thank over company, closing, pleased by businesses, coming lie high Q&A? and team resilience will can defensive with to We're the ahead. by forward Operator, leadership Thank for and the Ashland be details you. quality their our to a premier I'm specialty an once to demonstrated participation the slide look want provide to leadership we Please In opportunities months. more again that environment.