record net million, our Good to John. us and double-digit our business. and of thank X.X% quarter, review bottom-line top-line business XX% consolidated of robust a morning. demand the underlying posted results up a and up We strong results compared year-over-year to Thanks, an margin $XXX And million Base Specialty of sales million. XX.X%. quarter quarter of prior-year the recent reflecting Mechanical Insulation up for our EBITDA XX% representing developments EBITDA solid discussion joining in with Both Products and net our growth to Building segments a business. second sales adjusted adjusted of in $XX.X you recorded for $XXX
implemented due cost. last pricing product in in response of in to sales to of and to portfolio. we initiatives wallboard, the year a decrease net second the In ceilings in to XX improve our prior realization second compared gross Similar in During gross and of year, suspended we quarter, expect price half to higher increases framing metal consolidated mechanical our resulted the year quarter, quarter. second ceilings points insulation contributions margins for margin higher initiated framing, the metal across the the basis
quarter of second in with with price solid to increase product sales results of a wallboard the an the volume reflecting business wallboard increase and X% line net X%, consistent prior X% base year quarter. recorded compared gross quarter, up Our remaining prior with margin
our to our in strength, we compared the in the wallboard due On quarter has July to third to seasonal similar increased quarter demand expected, manufacturers. initiatives following pricing first demand continued price wallboard the quarter. second and As a announced strengthen X, wallboard from increase wallboard
the quarter, portion the demand due expect be of We increase in third and rising to to some solid implemented price cost.
with increases line ceiling price a to prior-year net demand business product increasing quarter is specialty and architectural ceilings a solid and due net Our quarter. for sales sales the X% suspended suspended for increase ceilings base grid compared core products. had The to strong in our
As one into new markets. America, we suspended for are in and see products ceilings of opportunities of drive gains North grow market the and demand steady continue as share expand and accessories to seeing to we leading our distributors
XX% increase business The quarter. sales framing mid-single-digit the metal net framing double-digit compared Our and increasing in second year also quarter results in due business prior reported sales the with growth. is volume net primarily to base increases to strong price metal
third products, of year. the continue increases price we proactive improvement see we our strong initiated in and for our gross the the margin to in will the for quarter, support second believe enter we As provide the demand we balance metal quarter framing
XX% industrial MI quarter. net our $XX sales the with increased demand by XX% due for solid to million, of our from the or strong to markets. to segment The Insulation increasing profit is gross segment, prior to performance turning second compared end Mechanical Now, MI quarter year
Our growth the the is significant maintenance business seeing capital continue for of projects from should and year. ongoing industrial activity, balance which
Ciesco on markets of Virginia Delaware, markets Northern Northeastern Jersey, New acquisitions, and the mid-Atlantic adding D.C. the Washington August of of servicing the locations Pennsylvania acquisition X announced branch and to and Incorporated, X, Turning we
sales. expect million $XX Ciesco For XXXX, net we to $XX to million in contribute
combined acquisition the sales net Ciesco, in with of have of date year acquisitions X million. to we $XXX With excess completed annualized
complement our companies business. core acquisition Our acquiring that we pipeline continue strong, on to remained and focus
across footprint In build-out greenfield we're addition to our branches country. expanding geographic acquisitions, of the through the
greenfield open two to we've XXXX, Minnesota; of Rochester, branches. Vegas, greenfield opened We to year Boeing branches California; in branches this Washington one total in Nevada; and Las D.C.; another six Rockville, plan for seven far a Beach, Florida. So to
We on first expect invested branches yield the startup. returns capital within years few greenfield these high to of
designed further greenfield strategy national increase support leverage branch our growth. expansion market to is organic scale, Our share and our
the markets. enter our we business end of second of to strong, each continue XXXX, we As half see activity our and in solid remains
mid- For single the of for the nonresidential the construction, low- expect growth to we year. digits balance in
continue next year. building see data in improvements, the We healthcare tenant sector in to activity the offices and rooms,
the the and mid-single-digit For year. expect residential demand we construction, of growth for see steady balance
to about plan business our capitalize by and deliver to opportunities model the and in business operational front of customers are our driving on prospects long-term to us and excited efficiencies We executing shareholders. our value
turn John for over I'll on the Now more the details call quarter. to
