call. everyone, Thanks, to Chuck, the and welcome,
X, Let's results the start quarter financial on Slide year-to-date. and which the provides for
double-digit You points. from in $XX to of can improvement regions. third into both compared basis performance. strong numbers, we another XX% the quarter, margin XXX% translated had earnings growth than see for increased touching of with XXXX of quarter. the sales and on quarter all segments the more in growth nearly million Quickly of and XXX Organic This
margin impressive and another growth expansion. of quarter So
the incorporated Now quarter in includes originally third in in year some it's in quarter the that that the lives for implied the note quarter to benefit quarter shifted volume guide, performance fourth from that quarter. full go This is timing that year. a favorability guide includes through fourth we'll through important our This full forecasted the third also moment. updated third was into
XX% cost to with margin over Volume the increases both with last and gains. Seed sales of price XX% volume earnings in was growth the This Protection. through that Crop inflation, up commodity same and grew This broad-based XX% prior as an given XX% expansion notable Turning a increase Global Ukraine. than war pricing Crop by in the and months X currency Organic XX%. year-to-date. year costs We product into almost and first mix strength than of incurred execution, approximate more the million earlier. more X the continued delivered in products, than increase million predominantly reflecting the operating referenced currencies. as and by basis the billion approximately higher an price the driven driven offset portfolio $XXX of which $X.XX of currency new XXX year-over-year, productivity volatility delivered in months, was of from points is more Pricing, the Protection impressive well headwind sales year. improvement first translated year-over-year, in growth decisions Chuck including $XXX period European EBITDA
acres So Slide first in through organic broad-based sales up organic sales growth to Canada. Protection region double-digit technology, and Seed where every primarily to down U.S. with constraints for in versus herbicide. gains canola Crop with prior in can X, that, a X new were In by volumes the were let's due driven including Enlist on months. corn go for XX% year you America, supply North demand the see reduction
of X% up and in with by input X% delivered year pricing Seed, higher more versus pricing penetration were offsetting Enlist. commodity driven in than prior continued XX% gains segments Crop Protection, volumes Soybean Both costs.
prior volume market by and America. currency Africa, price price Middle confident costs. new we're year offset XX% In products, modest for to helped organic corn, to XX% products. volumes to increased that Seed mitigate through impacts. driving XX% increased in driven Protection months. demand Protection, addition, increased In for increased volume both coupled new Organic to compared of increased price-for-value due compared first demand East Pricing year volumes segments. of input soybeans remains corn sales the Seed double-digit and growth Crop with North X% driven prior a XX% pricing Latin driven in tight to delivered and volume share gains. gains differentiated growth high our and with Crop strategy supply XX% we Europe, while rising X in and increases America, and we XX% both In by by In gained
on on volume volume and organic gains. the organic led Pacific prior sales were over Protection planted demand up both XX% and of and products. Crop again of Asia growth Seed corn sales X% was XX% year for new area. by execution differentiated increased strong price price recovery
material on covered EBITDA turn million strong operating I of quarters, in seed to and all driven Through Slide drove million the Year-to-date, with the increased costs higher Let's $XXX organic billion. and these customer crop $XXX raw slide, to EBITDA freight and approximately productivity market-driven volume growth we've our headwinds. commodity performance. first prior helped $XXX savings, cost now and broad-based to offset costs, demand We've approximately a of logistics. X And X in price which million protection incurred $X.XX costs summary for delivered regions. headwinds partially other by operating as gains
performance percent currencies. increased We you a sales, product the period this maintain a as $XXX to while year. And Currency productivity. continue to cost really points mix meet same from and basis European differentiates effectively than organization's demand ability driven disciplined headwind managing last we down pricing, headwinds back, million primarily again, through Corteva. see more believe XXX Standing by the can customer SG&A was spending with of
to Turning updated make -- full take several the about the X. year. to Slide I outlook for want now points
currency. Chuck affirming guidance or full our of we're we the at strong growth our approximately remain the fundamentals said, year. of through ag strong first out in finish billion the revenue the range to as midpoint, headwind backdrop performance $XX.X from X% billion the $XX.X including year X With to be as XX% months, And
guidance well supply our now raising range monitoring full of in we're year as growth midpoint quarter third However, volatility is guidance, in the at to operating $XX XX% for favorability EBITDA as We're be billion the of $X full availability expected includes in currency markets. This or the to the million EBITDA year. the midpoint. $X.X carry to billion an updated estimated through expected that
this environment. and into input pricing the translates year, this by spend high outlook. full in resulting currency. that higher offset actions approximately earnings debt EBITDA expected Lower discussed accrual and For we driven in lower updated for XXX from supports headwinds single-digit to bad expansion points the again, collections cost costs strong The year, operating of basis also impressive margin is guidance
sales, forecast. reflecting protection year of of including and income range working cash $X.XX unchanged as our crop Our free and guidance perform days $X.XX inventory. the dollars year at days relationship to well seed supply. is tracking increase given capital to be gain working but the replenishment the full offset metrics, per to or continue farmer year, capital sales significant is higher continues to capital higher days absolute this flow, DSO somewhat Inventory exchange our expecting sales now and IDS, the loss higher strength impact. remains for as we customer EBITDA trending collections. higher is by We're EPS to operating against prior inventory On of improve, a balances in share, in working as to outstanding well costs expected
our free cash billion range of previous closer Our cash free current these for higher XXXX. roughly $X the the that full end capital flow year working guidance in thinking result or lower flow to will is levels
let's XXXX. So on XX Slide for a setup to on transition discussion the now
can key from the begin economic transition. planning to as You while We uncertainty also the see to the XXXX framework. of It's balancing environment. initial a assumptions intended continuation momentum our XXXX provide of as we see
XXXX. given XXXX exchange foreign dollar in U.S. in the and volatility Specifically, markets, additional currency we continued of the expect in appreciation headwinds
in we're financial year the translation Now going certain local currencies from use to hedging continue mitigate Nonetheless, another key XXXX. to impact foreign we in risk pricing to possible. see to wherever of offset and use currency headwind markets the
will XXXX, of in to headwinds levels XXXX we of expect half Drought to our Protection recover well the a conditions in to as moderate driven volume by Seed inflation cost earlier pressure the in This this second seed we be year course on of 'XX, have but both in cost half region. put corn expect America we as headwind in the supply see Crop growth begin the will the costs commodity Latin and inventories year. raw While to materials. over in first
Our current the corn season current on estimate XXXX to for economics be towards farmers. is bias with the U.S. planted Corteva. for This clearly positive up based for a area a slight slightly relative is acres for
simplification, price-for-value goods a In America, advantage On area volume expected of on to to to product progress solutions than earlier, nonstrategic as products mid-single we increase and digits. addition, offset expect strategy, planted will low Pricing more exiting among is be our And our making continues lever yield glyphosate technology to headwind Latin offset in commodity Chuck create key that differentiated for corn inflation. to cost geographies growth. lines other said higher sold. we're to our portfolio a business base and
will in be will, be our we next of next expense increased course, EBITDA will XX% of actions, EBITDA from for expect XXXX, cost in to expected see and our penetration positive. own lift. U.S. of finally, will the penetration the approximately sales productivity productivity operating and programs represent and overall market our impact increase R&D a We'll will Enlist those And support our This than in restructuring direct $XXX of year reduction the to soybean it Enlist trait investment and million XX% margins, the savings more increased continued estimated work of an be offset accretive year. proprietary on Enlist overall and driven about be and Corteva germplasm. units in soybeans royalty will However, our in net by genetics. will EX the
a believe coupled positioned performance another strong grower with economics, So solid year. we strong and well for we're market outlook
gives capital that lines, can another raise The year-to-date EBITDA to very provide year The our well. strategic and exiting now our operating and Symborg, important And its midpoint portfolio to the map, taken words Slide us we results and some performance we've nonstrategic of of our key on steps a pleased important We're company the the is X building product step to in deployment. And simplification key strong biologicals guidance. go farmers. of the clear taken strength full with markets about including focus growth. road differentiated summarize confidence has acquisition few just me quarters. By say It's solutions business. investing with executing our XX through let organization very takeaways. Let's the first just in of
As that a performance million XXXX, continued through repurchase -- a shares returned clear will XXXX billion plan more commitment than momentum in growth. this to shareholders. with our deliver into look continued quarter. value the reminder, to we we've to continue we've us carry both And as favorable cash dividend we XXXX believe in $XXX $X repurchase, third finally, billion and we of that to with through Since completed shareholders $X.X and share to
more So years to will let We believe over operating differentiate strategies strategic turn our for as EBITDA with framework increased and Kim. we margin deliver And progress to value advance and that, continued come. it to drive to make come Corteva these expansion. further me back
