while in America benefiting performance performance ahead shipment was We during you, achieve performance which our quarter negatively guidance despite Stephen. Thank Europe. into line. our demand European a of in we was expectations, from our delivered demand expectations, QX. Americas the growth, to in North The against conditions will weaker-than-expected slightly quarter impacted in deterioration persist the strong robust Brazil anticipate with broadly
cash expectation. will year its generation double post improved near has is free Our $XXX strong operating cash our prior flow our is versus that the growth approximately which completion, conviction year outturn. flow significantly full million, We adjusted that our year prior liquidity underpins CapEx, full a in be which now anticipate
costs we offsetting X% recorded prior have a timing which strong quarter growth contribution retail household X% of and by pressures. mismatches, costs. global sustained valuation stronger to Europe. our by backdrop, absorption. and cost from actions pass-through and substantially due the in quarter. price the Despite prior reflected relating metal for demand shipments fixed recovery in the remains significant included derisked. year reduced financial year a inventory The to predominantly a increased Americas, Against to energy decline company positions, performance the the shipments and through our experienced versus Europe, which of EBITDA inflation current hedging also impact this growth impacted Adjusted of input XX% we increased Global XX% under continues restrained be growth, by shipment This in
are capacity ahead a full We of through network in action mix appropriate. disciplined recovery longer-term industry a committed to curtailment of our balancing a and demand is of
we House the our the will In the to steel target previously we lines remaining As Further in highlighted White in a our earnings commencing our and our improvement. intention review to in low Germany that close to today QX utilization optimize in year. mid-XXs. production outlined, last announcing closure by help which North Ohio to XXXX facility drive network America. of update, we our of we are of future possible the end are this,
we balance closure While for is to demand. the team consider a possible of take members a to steps and difficult communities, and our capacity step plant must our
employees notified and affected representatives at process we the end making comments any decision year. until expected the be sensitivity of review part is the union further of before bargaining point. possibly have this this will those a our we Out collective to and As not agreement, final on of
the approximately included Brazil, benefit will agenda our XX-year program Education our the we in recycling investment progress Through sustainability made the the where Netherlands. distribution to and the Can into launched a further U.S., zero students in across communities STEM expansion Ardagh infrastructure which emissions Institute also of in continue to in Manufacturers our highlights We the quarter and we XXX,XXX sustainable operate. partnership investment
externally, pleased our Group, shortly to that the to includes which and quarter. award are AMP our the EcoVadis highlighting including to platinum by be we Ardagh report, recognized rating further publish progress, a in of to sustainability XXXX expect this We continues
quarter results. higher metal lower as to higher of costs AMP's higher volume of was and partly offset costs recovery on up stronger absorption. revenue nonmetal than XX% cost mix EBITDA fixed to and of Adjusted $X.X input from stronger increase prices. attention our We input Turning The the year. offset impact $XXX by prior billion, recorded XX% third cost an contribution which was from the million under operating shipments more recovery the due represented pass-through of
a beverage Europe. to the higher can X% in prior decline Americas shipments than with quarter. X% the Turning in We're offsetting year, in growth XX%
of inflow a net with prior the drove cash capital and performance. quarter of working $XX compares million overall outflow a net favorably $XX Our year million in strong
XX% by Revenue AMP's quarter million, contribution for a some a segment. offset growth the lower the customer our grew result the in functional $XXX X% as energy by shipments such looking at shipments our quarter. by growth, input future investment increased reflected in third In segments by favorable platform mix setting as North partly lower well high-growth diverse which from backing which benefit in Americas America, prices. results shipment strong the the commitments portfolio, driven of from Now costs, as This as program, is by drinks. for a contract growth; largely metal to includes
in cause for demand. growth cans We're recent shipments are in encouraged demand to the launch beverage by innovative the in by which increased Looking these and remains mix a substrate momentum this the moderating, regarding our favoring the in through package the new through to forecast increasing as by this sustained and What and well promotional industry grow lower terms the is quarter, that shipments most can supports some higher market America optimism its levels. of year. is although demand as still historic winning quarters North recovery our over activity, constrained pressures gives which overall, apparent our annual for of remains pressures retail fourth as early depth Inflationary in into of business products X at the terms limited slightly across of remains pricing choice. relative also consecutive XX%
benefited single-digit in end mix and overall the demand higher Market X%, the increase market, In glass challenged towards and Brazil, economic the of quarter. the the weather shipments outperforming by third which bottles from favorable remains returnable of quarter pressures market. consumer a anticipated increased improving low conditions inflationary by than in
Our following a customer recovery relative during outperformance reflected QX. destocking
supervisory between has We would that agreement customer are process. the creditors concluding, organization an negotiations note reached a and its major been court under and
unchanged, be is imminently. outlook expected is and agreement ratified Our the to
shipments market resumed. Profitability in reverse the customer higher issues other should that impacted was well by as the versus Following during second their some This quarter, mix normal growth modestly destocking the the recovery fourth period. quarter. order underpin as our now relative patterns have more in timing-related effects
broadly reiterate in growth characteristics we medium-term beverage in historically for for remains network. our Brazil continue Our highly the which our capacity market. balance our shipments our business growth of forecast XXXX, confidence can of Brazil to We through has attractive flat market, and the a curtailment been
under as strong to underpin in increased in the by North expect quarter to North by In cost improved helped remained $XXX in has higher destocking America. by EBITDA is shipments single-digit liquidity fixed strong as offset continue destocking continued costs, growth to third the the we period. X% Adjusted the in America. performance higher XXXX, high was of million that the in including Americas from prioritized growth elevated percentage, volumes and the complete cash absorption This contribution underpinned shipments in mid- now flow and Americas was
Fixed cost actions, remains our performance. mitigating underabsorption, of net our curtailment to a headwind
review in American our the continue we in House actions to take capacity approximately a balance of of We necessary facility line North announced closure to represents And the our mentioned, Ohio, as today which capacity. our possible of will demand conditions. with XX% White have
Brazil. sequential our We period fourth momentum the summer into EBITDA quarter shipments selling in stronger improvement further on in by modest North the seasonally America a anticipate growth in and supported
by Our absorption performance cost remain under the payment take-or-pay will XXXX. prior versus impacted nonrepeating customer a from year QX and fixed
by The compared quarter Europe, mainly X% to more the increased declined million period XXXX, year XX% input the the quarter adverse end but and momentum notable and pronounced the in on through in was drink markets, Shipments demand In cost segment, impacted same the destocking. into Europe strength. summer Central fell the of beer market in to one part recovery. early due Germany, revenue favorable as away, area customer QX and with more in by the across and weather categories consumer was energy it for prior broad-based pressures, third $XXX by of softening with
$XX the pass-through which despite million of increased principally recovery adjusted shipments improved predominantly input from lower EBITDA the in quarter XX% energy by Third cost costs. to Europe reflected
we no fourth in in now which customer mid-single-digit quarter. anticipate XXXX, flat from significant fourth quarter a market percentage destocking, versus and in year. For in the decline the the Reflecting expect adjusted a we growth, weakness prior EBITDA deterioration shipments demand, both assumes this increase longer broadly
call, our and Weissenthurm, good by with intention new are migrate it our As lines to through aluminum to our Europe the mentioned in in the remains last our we of to optimize steel two fully footprint discussions end closure year progress Germany workforce. the remaining of and the efficient in lines. quarter in making our
financial to over David through you talk briefly concluding now position finishing I'll with our to hand remarks. some before
