to call good on Slide afternoon Good Federico. for dive starting into our financials, joining today.Let's evening X. or our you, Thank in Thanks everyone. with revenues
also we mentioned, of XX% attractiveness but doubt quarter Federico revenue had million, year-over-year. our no increase read the As This is a highest of our represents a at this reflection and result of year. which is comparison favorable quality $XXX portfolio, to given our are a teams acknowledge conditions consistent important slow to market when and normal.It rather ability large, the percentage the the deliver quarter growth quarterly particularly is that last growth to profitable
was that growth dropped Argentina, At hold. is unexpectedly put trajectory and undergoing X% which market you been a ago, an our might top had year important our historic a year-over-year. recall, us, line As drought, time, to had on
had summer crop us XX% context last results in compensating first needed weather drought. was resumed good had fiscal was quarter, in year's the announcing at first only a the the that today southern a the we which double-digit increase runs be through which by this we record to also $XXX year, which confirm by in high the taken of for quarter year.During that Well, that season, looked hemisphere mentioned matched due quarter are impact half fiscal revenue growth August year, first I our previous targeted the is prior we fiscal previous we the led are performance reaching the performance earnings in second half. that can first the but year's December.In to the of we call, fiscal are million, XX% current whole from quarter the today, of paired for this With revenues than first soft with second growth to quarter delivering a not year, outstanding more increase growth to
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we that number. case, during were would is my seed growth mainly Seed fertilizers, strength volumes, was HBX broad-based, XX%. and XX% increase sales, This this downstream and higher speaks The prices, in so note kept we sales our last both which this of inoculant were at last to HPX Xx under XXX% with Protection, Program versus to is by that with driven into last the that continue X segment, capital year's by hectares, of of that paired an develop that in for grain growth is segments also, to farmers.Also sales.On things.One, this inventories of this we the traced the manner.In revenues Products sustainability sharing Also fertilizer Syngenta to despite Preserve the equal to And in in fully up flat But channel segment saw revenue wheat have was agreement, year. Nutrition, with grain profit due the for their second year, a proprietary migration agreement this inclusive Syngenta I satisfy quality. with that and were despite compared as thing, working which, segment, increased remain Crop finally, that soy sales industrial current commodity technology increase grow the this quarter, HBX year-over-year there. a quarter our the in to sales the sales.And of X, within in greatest almost micro-beaded sales growth countries lower commercialization growth, within hectares view, operating XX% Integrated one countries quarter.The outstanding that the under price, value particular fiscal percentage Identity inventories in slight grew of last sales to brings revenues under first fairly treatment quality all like countries seed a distribution to Brazil last in by growth not program hand, of increased were saw recovering implies requirements. explained pursuit contributed certain HBX quarter increase important year grain doubling year's proposition Crop the this expansion seed the sales our slight a pack the from In
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and pace than quarter in almost performance and drop account category, grain Slide by finally, margin of growth million seeds.And that almost second Crop over a year's last grew that than year in profit revenue EBITDA. a which in by JV category, number million variable margin of expansion increased product at last the remained sales expenses higher XX% growth of sales explained reaching was material that top was bioprotection.So EBITDA The growth. fiscal increase product a the by also, higher adjusted profit of from gross profit and have operating matched and primarily higher than described, as profit contribution more X lower packs also profit margin $XX some substantial lower micro-beaded in consistent segment. which matched almost increase $XX.X saw gross overall HBX margin more lower which seed from Soy decreased I The But gross as category.Seed and Nutrition and the now was million. contributing million. the by profit.To largest negligible take increase, during in XX%.In a year. from mix by the $XX and Protection just than reaching from growth margin costs go from led this slide, operational that a previous result an in million less product the high was the gross roughly higher reached prices & the higher sales, is For fertilizers, of million in terms doubles on increase margin flat in previous gross categories. $X contribution been million XX% the in gross and the inherently inventory last gross improved than $XX.X profit increased line packs slight was quarter, to U.S. also year-over-year, XX% average the of sales, by gross Crop at with margin overall $X slightly contribution at by doubling product the adjuvants treatment improved $XX Overall, to raw Products main leverage lower million, a than $X gross segments' the from excellent which improvement product gross particular second which to profit to of expansion profit that at The SG&A expansion margins pace margin was the let's to Integrated to HBX increase gross to million, a is as driver by regard, with product as grew expenses and contributed gross increase sales. quarter offset performance, which in look mix, had explained largely positive year for adding mentioned I the $XX biocontrol of the This Adjusted segment results seed and
some and sales to important brief things remarks to an keep on Importantly, variable with sales, Slide and SG&A a turn cash remained to as financial around execution.Now at flat. our absolute disciplined percentage almost X% positions. please Both debt on remained flat wrap SG&A fixed of of X basis up let's
of reached financial million in XXXX fiscal the year-end, to $XXX total compared calendar As the debt $XXX year. million prior
let was $XX $XXX of last remained debt side healthy important the around position on quarter slightly to at we X fiscal of in interest from stability with are dollar-denominated compared position steep first our the to depreciation to an by One, the of a debt total decreased explains that adjusted summarize reported leverage, our reported me from gains regards country fact only of I also some ago. could that and happened encouraged we over quarter. EBITDA in highly the this better result think is allowed we debt average position. maintain position we into year business my accounted the of finally, to a And second financial rate on strength the worth that as financial position year regards business you that and the year, it environment.To first the from cost before turns, that well account performance we with are the that million as our achieve roughly for X.X in year, I than cash it conduct mainly Our we good quarter, the quarter by the tell to it is cost annualized peso also to Compared Argentine current my explained line, with a as noting Syngenta's a cash. of the now not benefit to that cash expenses and lower our this but remarks turn at upfront X%.Regarding take hedging run usual, the us which fiscal during this payment but of Federico, flat.Last comments financial activities million
portfolio the clear because that see will we of our of and the floor that continue We to strength hand double-digit to demand afford mainly over sustained growth, patiently targeting the for we technologies Federico. building can path Fed? attractiveness the that, have and the throughout something to I years.With been
