Thank turn to Please you, Kevin. Slide XX.
of excellent the mentioned change. accelerating a I've beginning operating making uncertainty and significant while As the of call, Ashland progress at in is world
challenges global and inflationary environment efficient. mix management. our while responsive we have of also can recover Our improving are And the chain continue be operating pricing improved shipping while have improved, demonstrate global Against and challenges, to widespread supply we a strong in and demonstrated to our planning better supply anticipate how we have to discipline delivering teams more not resilience backdrop costs results. proactive constraint
still across network. plants area to up and to to levels. rebuild have started to build in warehouse run We progress inventory our more make this need we well stocks safety Our levels continue
are things our focus our and are the on We control. that maintaining capitalizing strategic within
to capital This quarter, of and we prior-year levels, free generation was balances. recovery, flow on cost due margin driven was largely a strong by the mix this performance while disciplined inflation saw rising management. cash below cost And management, working impact
aligned are across is these customers Our additives. evolving increased product well-positioned and the the consumer with innovation investments requirements capitalize to globe. on We're and especially focus growth, of accelerating sustainable velocity our and ingredients and emerging and and trends paying in for the the discipline our in innovation off. We're
of ensure We management for strengthen value innovation our and strengthened product launches the for to most internal both the these portfolio pace accelerate -- new create have Ashland. and that launches customers our
and will high-value over Finally, those continue the we as products of next to disciplined detail, Kevin capital numerous Beginning capacity continue globally we're remain couple strategy and allocation. investments year, and in expanding years. of this -- explained a committed
on XX. flexibility environmental, shareholders. inflection goes COVID, growth business to is our transformation geopolitical reward to at execute -- the Please Under chain, a initiatives. the segment company Amid suppliers, through our traditional conscious made disruptions, metrics term. Slide point. has we innovation for several and our strategy beyond and turn On only responsibly Ashland discipline an ESG our end-users to focus the and our Ashland taken have in purpose customers, for value and our solve our progress Not stewardship. in but under and and to world, better a actions
For steps product and environmental material operations, raw related to have matters, we development. sourcing, our taken important
we mission the science-based to have submitted targets, for accurate our these data for expect ensure approval are XXXX. be targets Regarding end validating by to based -- we approval targets and of
programs philanthropic funding several to technology, Closely with hands March, our volunteer the products our ' STEM, engineering, -- work, responsible the the the the established math, and power science, have where external put aligned program employees, education, In STEM purpose, program people and our that commitment solvers Ash is designed paid communities the agenda. improvement our of additional and Ashland brings live, to established We program. internal play. and together with and we a support social employee of or global to in company's of
cultures, support and address Ashland manufacturing local teams allows most their and pressing create sites regional to program communities programs customizable Our issues. that and specific
provide local small -- and underscores our programs turn annually, continue guar quarter. strategies the to an meet each -related program under and customer their small uses farms cellulose through respecting care, by increase XXXX. like sourcing coatings is Solvers farmers cultures announced innovative villages and growth April, we and including skincare is we're farms began enabling in of These that Please personal video. in applications, for and nathratix make is thereby sustainable, have by are edge. X,XXX volume in income, pilot XXX educational specialty STEM resilience The lowering science, for saw the for India. support Responsible Conservancy and with demand impacting by costs, enabled our to -- step while life updates continued for production X scientific partnership the critical program, competitive local small Also company's progress and with In XX%, scaling This and to to positively We the increasing a environment. ESG The harvested hones products farmers a initiatives ingredients our solutions farmers Trees XX. -- the plan These initiative. sustainable farming, water-formulate yield of April, we excellent has slide announced expanding relationship in Billion to bio their you Plant in economy, change the Ashland our opening that to India. increased and Nature XXXX relationships local us reforestation of village profitable The approximately because supply
a greater Nature made commitment works youth students education. also to equity while engagement helps bringing Lab, learn STEM We environmental fund which them nature inspiring and to their how
global and Ashland matters We region both on the can employee issues critical it in every where increase and our of are localizing that confident its focus, engagement by world. standardizing community most program focus impact
impact, for beginning increase As we our breakthrough innovation to be speed we innovations. recognized and are
Ashland April, an in cosmetic world's at successful As the presence show in Paris. a global example, very largest had
awarded to Slide for Ashland's functional furthering Natrathix ingredient the bio our among Please In was loyalty XX. addition turn business of cellulose best Bronze entries. nearly to customers, the our XXX repositioning and
are have impact, innovations to we areas challenges solving innovations where really our tenet can strategy. of New focus By are an our and profitable applications where sustainable niche we product important markets largest in our the matter. growth narrowing
inclusion the unlock introduce the we greatest innovations discipline new product in know the of By turn new Nearly problem management, and will and our year, evolving the we value focused both as because is natural consumer, Integrating of solvers. launches margin we into These we play and highest transparency challenges By derived, their to of to and Ashland. growth meeting we climate As contribution model and the project some needs are our business a exactly the portfolio role customers. company and contributions benefits company, of we the fit change, reaping from value. customers innovations expect expected comprised solvers bio-degradable the and or our revenue and our real margins responsible our issues value Please speed-to-market. record solution for trajectory our focus natural, the our of as we in a where a bring plan. markets Ashland diversity, reshaping our to program add us to a number well maintaining speak, ninety percent Slide of corporate profit improve This like are in and impacts. introduction, use. future XX, allows and greatest critical these deliberate are where we number our we are expertise increasing of as on and future sustainable challenges
ahead We Our beyond turn here, us product innovations customers for new awards of value allowing respond of introductions our reinforce and and also We on the our the ways get And right as are business we're path. Slide sustainable demonstrate are have both we're the mega a innovation, as to Ashland. thing. to right through see of of just dynamic we These global XX. growth. needs the and the profitable for to doing recognition we they Please trends consumer. that received, execution unlocking the this customers ESG demonstrating appreciate the one to enabling create high-performing opportunity ever
approach As new in our organization. nature. a we business we we recognize their priorities model, empowered of overlapping have each our way, disciplined Under our
these share Leaders discipline. to driven that Each into the closest those maintaining circumstances leader growth profitable their while customer. teams disciplines. own have business lock on their priorities circumstances, and but to business decision-making regional their and adopt We all operating
and business enabler. maintaining while profitable our XX. cash turn opportunities, expansions focused flow Slide driving core remain value and its margin, on free to priorities Please quality, growth while ESG Our a leveraging growing as
to the current environment a many put COVID change. continue is to in impact -- not is to remains resilience. of mildly. world. rebuild future build Plants and never Looking is Tailwinds Customers still improve. parts started availability to it well and favorable reopening extremely raw doing has inventories, this material easy, run need to having Demand challenging have it the across
relative further needed. actions ready to pricing we're to as take the past inflation action positioned and have Our and us current well pressures
driven the variables It's Ukraine, remains inflation, supply impact Slide has to understand side. chain impact moved in difficult has started is war increased the we to the and or reliability an it an trucking improvement especially key war. very us there from turn inflation. forecast XX. direction challenge, headwinds lockdowns Ukraine see performance. energy the of likely a Although our have impact some and how and China for to inflation, have to is performance much. a changed accelerating. The on if the that to COVID We Please are COVID lockdowns to
expect On in significant market and the revenue do resilient side, remain demand reliability. is chain our fiscal not improvement year, we supply in our during to expected
low our our revenue how to ability the our most such, stock freight offset to and safety plants reliability. As ability well drive rebuild to supply performance, our will ocean likely run,
Slide with inflation pricing will XX. driven time to any On performance continue margin be because we much less Pricing, fourth-quarter and cost the biggest a offset and improvement, will our and broad-based fiscal side, turn performance. year to productivity when. for inflation actions. profitability to drive Please mix The drivers; have will our risk is how issue [Indiscernible] energy given, is by probably fiscal year
we the I've we information of we financial have on and Given year. discussed the the fiscal we've outlook dynamics confident based in provided the at beginning the remain the all taken; actions
continue midpoint. the of sales We of to range to X% year billion, $X.XX $X.XX at the prior sales representing expect over in billion the
EBITDA range above of the on the full year. information We million puts of range Based known model to $XXX adjusted for also continue million. to in the midpoint $XXX that expect our today, us
what XXXX, shipping to first of a Ukraine inflation, reliability. we in similar the that and uncertainty the in fiscal China, COVID lockdowns war, half recognize we However, lot year saw there's from still of
pricing that lag which outlook need planned, and in already raw in Our presumes we those inflation would significant materials, require see are would for do actions a such not we timing recognize for that energy additional dynamics additional as beyond to the realization. freight,
high, clear, we in me XXXX Let emerged being can be pragmatic the COVID when uncertainty we focusing that and we was things are and forecast. as control did on and
We in our on control, do cannot lot value as we not being of see would we on or planning process. resilience. external overly what based only we create control optimistic that this focus a in will or noise factors building pessimistic planning For forecast and more cannot
As clear, outlook in communicate we'll our we and of will level become transparency current appropriate. maintain changes external developments our any as
Ashland is well-positioned.
We have focus, actions confidence team, business in the company's and the and plan, global our taking. portfolio, market we're that
to are has during that Slide and we the Ashland years turn Please last maintain we in demonstrated resilience its two confident will that resilience XXXX XX. beyond. and
an our decade, solvers of can in identifying ingredients others. once thorniest focus specialty leadership proactive and environment. consumer and high-quality exceptional their create uncertain that driven company, a have and ownership we move you our Thank pleased and if Q&A. the and opportunities execution of that to resilient, tackling of and where customers, again, In has destiny and be with Ashland We by concentrate expertise, businesses, our business problems. company. We're as lie in people journey opportunities operator, look global in by innovate an could additives I'm want markets. thank the positions systematically transformations for demonstrated I rich and sharpened additives closing, one their innovations to leadership to drive value forward of for and the leveraged past Ashland's our ahead. We our the our areas the to Over businesses ingredients across and businesses as on resilience