impacting inflationary of Thanks, financial pressures, Stephen. global a We was backdrop consumer against experienced challenging household and quarter on demand. sustained a which
While strong in North impacting growth we shipments a relative XX% in a market X% solid conditions the growth and Europe, a comparative Brazil double-digit of included growth strong by in recorded to where X%, faced America prior of difficult which year declined global we profitability. percentage shipments
reflected following Europe contractual performance Our costs of year. broad in actions expectations the presence ahead on taken European customer of pass-throughs mix. supported growth the was by Shipments energy modestly our proved and resilient and recovery anticipated diverse last stronger
by ramp-up our mix the America, we of a growth recorded capacity. favorable new North strong customer driven In shipments contracted on
which actions by sales impacted cash generation. was on profitability and short-term strong taken inventory, to rightsize drive issues did Our timing
and growth. anticipated the a XX% the second of but commitments guidance Europe's company prior further financial the improved in delay year prior market recovery half. North recovery improve more due cost volume have year favorable declined related reduced customer Nevertheless, weakness comparisons period remainder through America. EBITDA the to in the anticipated to and on Brazil to quarter, the we versus further the for volume our input Adjusted full in by year of is
project quarterly committed adjusted with next dividend. XXXX in into our are to year We free cash positive $X.XX and further continue to flow improvement
generation half million. allows us $XXX cash million the year our inflow $XXX in guidance strong full Our raise first cash to from to
of Global demand This our to and manage price continues ahead Promotional as as growth recovery, mix where footprint this improve, more to a in demand well remains by disciplined restrained necessary, a broader sustained retail Germany balance remaining close steel includes action curtailment in in albeit of actions modestly, to activity lines continue of manner. demand ahead year. we permanent as such our a inflation. our to capacity intention our
outlined, to in we the low utilization previously mid-XXs. As target
industry growth. our experience intact. XXXX, growth With has in this team of capture management our that future share strongly beverage positioned tailwinds favoring the discipline belief across our we're deep to investment completing our reflects AMP The secular and cycles, can remain program
of the in of our central some On in in as of the certification European Aluminum our Institute facility quarter which the achieved agenda, we Paulo, our office our on included, by sustainability last Manaus Stewardship in year. as certification the follows well operations from Brazil, highlights Sao
year of green green the second proceeds We also bond projects. the an green of eligible published our towards our bond various providing update last on allocation report issued
recovery. on lower mix pass-through down due Adjusted million $XXX revenue of than second and operating and inventory the decline We fixed quarter AMP's of on basis. prior in $X.X recorded The costs accelerate shipments more basis from the less as impact nonmetal America contribution our actions a in from currency metal a offset was EBITDA volume constant the of a higher cans/ends which higher input favorable Americas, the results. North to to year, of of and attention represented X% XX% on under reported higher the cost by was both to offset a prices constant currency rightsizing our mix on Turning of billion, a absorption. cost
in drove working were $XX X% year, compares the in shipments decline million can The net million in X% of of a Brazil in a $XXX beverage quarter, market. overall the softer offsetting Europe, inflow Total the than in growth quarter North XX% higher performance. percentage outflow with America, year prior growth cash with capital and a inflow, a favorably strong prior double-digit net
in million, segment despite results the Revenue at mix Americas lower favorable growth, metal but categories, the in grew non-alcoholic the for North less higher of In higher XX% us pass-through the and exchange positions majority business. with experience cans/ends for by second at resilience America, X% favorably rates. our of Demand of American to shipments quarter, the declined which pricing remains the mainly supported by shipments Looking quarter. in by quarter constant and AMP’s program, which pricing, growth $XXX to our by restrained the in by greater sustained growth. investment North due represent retail future
growth also we’ve segments benefit are such strong from There in drinks energy, other varieties. functional as which crossover of and spirits-based energy, pockets
especially activity, consider of promotional below what depth normal. We scale the price a though of remains the retail activity, have given experienced broadening rises, would we of this
the momentum growth forecast North our our as by to high-single-digit growth, the shipments for percentage shipments, summer a approximately this increased grow This in the quarterly encouraged into are supports America business sequential our in We year. as months. by well annual strong
the consumer high-single-digit XXXX digit pressurizing country emerged against when a the macroeconomic second inflationary demand remains percentage, strong challenged Brazil, the decline by lockdown. from declined consumption. Market the COVID-XX a In by a comparator and quarter shipments market challenging double in market. The pressures declined backdrop underperforming
mix destocking reorganization volumes Our customer’s trades by the underperformance in impacted period effects as process. customer of through customer one reflected was the as our its
year. which least we glass expect last now Our performance returnable at for bottles, the the is remainder pack also towards mix of affected by to shift the
a to shipments Brazil our the ends sales one-off of also business can in a in ratio to was XXXX, which through impacted now lower quarter, we view and will growth we Profitability forecast as We impact. balance our by flat ramp in has the confidence volume curtailment medium-term which been our up highly Alagoinhas. attractive characteristics of Brazil slower the reiterate market, a We additional historically of network, the growth including take market. in
the the negatively in to in shipments a by in XX% inventory timing while to working cuts. overall cash Brazil. and position capital Adjusted Americas our EBITDA our primarily helps on EBITDA increased resulting impacted absorption short-term in inventory in related quarter, our America, the performance including second some by decreased $XX period. reflecting North challenging issues fixed Despite improve the cost decision conditions more under and growth, our sizing position was adjusted QX production of flow impact to right accelerate decision strong through This our drove in additional million
challenges percentage in demand. volume the expect overall. of in half related remain strong for America. line growth a to a in second North customer mitigating in of and in in into net an curtailment capacity uplift of our by in under now Brazil high-single-digit underpinned shipments stronger and decline growth by of we summer shipment’s America with delay anticipate to seasonally momentum We America, financial and growth expect the the In EBITDA Americas year, our to shipments on reflecting recovery the period a continue a for Brazil. generation we in headwind in North to the our balance actions necessary action our mid selling to Americas market the supported performance the the the we XXXX, continued commitments Fixed our EBITDA cost absorption take But North will year
Consumer In across revenue believe recovery. by broadly market a line by which prior XXXX, to positive favorable summer. into mainly particular increased the with with demand due supported market. is to a Energy non-alcoholic for $XXX proved year, and on with The continued more on quarter the trend has Shipments resilient, grew input beverages this more the in by strengthened Europe, same segment. in quarter growth compared resilient X% period the the weather strong the basis second X% a Drink has cost currency we improved quarter constant in in million
more By sector broad there we winners has customers the where and based being but of portfolio contrast, in been to losers pursued. due performed significant well been beer consumption strategy our have in pressured, have pricing depending Europe the on
Europe in EBITDA from higher adjusted a costs. constant to $XX cost by quarter X% higher basis currency the as rose improved pass-throughs offset Second on shipments contribution million and
expectations. modestly ahead of was Performance our
low-single-digit growth shipments cost stronger HX For prior the XXXX, step a recovery. and significant to in EBITDA in expect change for of input year through in the relative a percentage to continue order we
this up La During slowly Southern year. our the new at France, which Ciotat line second the quarter, in is ramping commenced we in plant production
As we Germany from help our closure in opening performance will of of Europe. absorption. growth financial in steel in improve aluminum reduction steel become second new The in fixed by early of the the our lines, earlier the mentioned installation our efficient remaining fully in under program our XXXX the investment costs from lines as is our my lines, year intention will year. the this next close steel concludes remarks, which through lines migrate two end Weißenthurm operational of our which a This follows to
remarks. hand talk financial some position before I’ll through finishing to our to concluding now briefly David with over
