morning, Well, good and thanks, everyone. Nick,
Harsco's quarter. our for $XX $XXX totaled financial turn revenues totaled adjusted please and fourth consolidated EBITDA summary and million the five in slide fourth million the to So quarter.
the of a continued year as was first This successful QX strategy with and number for the the COVID Our in Rail growth, The year-on-year increases revenues were segments. related our reflects increased of both increase execution most XX% growth for Environmental in to quarter, waste quarters. Harsco QX within of over Rail the business to noteworthy, businesses. Materials by market revenue the prior ESOL a followed Contaminated from revenues quarter, is in revenue contributing within and our Environmental by and the underlying increase as environmental changed, positive Relative trends markets. pressures little hazardous our revenues lows and processing offset for the third both increasing were the
restructuring XXXX. our end both for This Our strengthening I ESOL excluded for range. illustrate from to the QX fourth our focus share related results. million process actions fourth adjusted undertook per earnings ESOL are actions disclosed further on figure was quarter guidance of for costs we adjusted business the and essentially near and in $XX in continuing the but HE reasons in in adjusted costs The improved costs and year-over-year, environmental. sequentially mentioned response and now in reflecting those related actions The was improvement the first the EBITDA the XXXX earlier operations complete. taken to external continuous the additional the the of supplement integration our severance high quarter quarter EBITDA previously and integration Harsco's ongoing, pandemic of $X.XX. business remains
incur XXXX, don't external For integration any to significant expect costs. we
integration remarks. costs, internal will I'll in which there be However, outline other later my
receivables of the which million chose to the the to quarter. manage for outflow higher-than-anticipated And was timing and year-end This spending in discuss received second of flow With below customers with current free receivables, expectations collections. and was while outcome, in fourth at subsequently capital our some the later. week in I'll payments the XXXX. us are $X factors our respect this guidance cash by considered cash result year, of first Lastly, largely cash these our
benefit the and results was offset in nonetheless Overall, strengthen within EBITDA year-on-year representing margin million the in figure however Now, in the quarter, XX% please to quarter EBITDA recent very $XX comp to against QX. of for LST Revenues would prior favorable XX%. This Environmental bridge. with taken customer normal for attractive the improve. persistent increase XXXX, turn fourth shown just of was fourth the million our continues our the I steel earlier. Relative was can and production adjusted EBITDA totaled mix for were $XX the third of to to a below year the $XX segment, of results slide were pleased margins the incremental to The mentioned the services, as strong and demonstrate largely industry in well also our financial This million of segment. in spending. the incrementally. the million in LST more quarter and these improved as positive steel sequentially. to our XX% market they permanent the of and the marked continues be less over deflects months. comparable averaged I pandemic with $XX of industry to our early performance also quarter despite well was X periods. some see increase is customer Applied its since HE, million, costs, lower Steel spending encouraging as very America that from administrative our of reductions, to lower utilization production in North the LST prior first with XXXX. volume linked customers year demand accelerate sites emphasize, is than a which our third or for resilience compared result as pandemic. the these SG&A It modest increasing as this at quarter and recovery operate of rates, impacts The We're quarter higher $XXX which actions consumption Products Compared by the XXXX. strong attributed in change And
to as on we forward the to recover. further additional industry So, look continues capitalizing growth
flow million flow XXXX, and million free totaled capital. the cash compares lower with and full $XX the $XX in quarter the CapEx during Lastly, Harsco year Environmental's with free by This year cash the of from working year. improvement $X cash driven for totaled prior figure generated in million
segment. our Next, to X please Earth to turn discuss slide Clean
of strong our to impacted approximately dredged $XXX revenues change million. inclusion waste X% period before, a both quarter year-on-year lower adjusted in material XXXX, materials lower and of also also was business of offset to to our the fourth a of as point in view, reflect EBITDA totaled to changes reflects soil by performance the less from hazardous quarter, contaminated discussed way contaminated pandemic-related The we've compared ESOL revenues reflects dredge which adjusted soil mix in cost face For and materials million XXXX, modestly Earth impact allocation third a very quarter. of the of and the from challenging was These impacts. a Growth EBITDA the all processing. lower which the relative business. line to the were waste sequential million. quarter favorable $XX again were $XX This for quarter EBITDA fourth XXXX the corporate our for across quarter-on-quarter. business declined and Clean to line, revenues higher Also, contributions Hazardous to comp streams mix Relative were and volumes comparison. QX our continues
free Next, $XX cash million segment's of cash for adjusted versus Clean and EBITDA the million. the The in totaled year million quarter quarter. again Earth's flow very $XX totaled flow for free the $XX was strong it
Lastly, on ESOL.
$XX We in from of with with half benefits original meaningful or XXXX. contributed the realized half from on second ahead approximately our This and of million we a goal optimization $XX its The the the and higher EBITDA million for disposal now year, represents which improvement pleased commercial than was in total coming our of synergy year-on-year. improvement largest integration. levers. are remain improvements initiatives total second the results ESOL plan approximately
us be in complete Looking forward, have to this of quarter and focus investment IT year. integration, procurement, ESOL integration coming site Areas we still will work logistics, the of ahead more productivity the confident our commercial in our that I'll a anticipated few. reach targets year-end outlook and improvement XXXX to opportunities a additional by name remain bit. within just benefits We discuss the will and we
quarter. costs This turn the also Rail while with lower the adjusted $X.X to Rail equipment to the million in totaled offset were the and reached the from $XX So business. now prior manufacturing our million principally improvement EBITDA revenues million Relative in relative year segment's $X contracts results. America figure to EBITDA EBITDA slide compares The our by in the sequentially. can year in to loss prior of factors aftermarket lower attributed the and of fourth XXXX, Europe. slight changes quarter positive contributions new a in contracting business eight quarter. be North These please in aftermarket short-cycle third partially higher and decrease to led approximately
remains healthy production from backlog we contracts. highlight continued quarter under our just a Lastly, prior long-term that our at representing decrease over let slight me rail as $XXX million, the
quarter. the results, throughout the are continue As conditions trend benefits we spending entire replacement pandemic market continued Rail and Harsco maintenance economic third industry rail in within defer that upgrade positive metrics begin or With the related that rail with equipment expect mentioned customers maintenance-of-way This will business fourth expenditures. required remained our improving to this Many we from said, to trend see and challenging. quarter or mid-XXXX.
that For reason this improvement we've business the the right progresses, in goals of as putting in are discussed we business some direction in will it financial optimistic conditions our XXXX, see to achieve the past.
our XXXX X, high-level summary Turning full which is a of Slide to year results.
was $X billion adjusted $X.X EBITDA For million. increased our flow free Also $XXX totaled the year cash million. full and revenues to
people, very environment we actions and saw in result the our of place financial deferred extent CARES the capital of and put customers pandemic a processes view, as in am We and project we saying serving took spending payments. to start depth the point difficult I continue the health. me out all Let spending. and by of that and our roughly other a XXXX, of extremely the our the legislation million protect proud pushed trimmed advantage $XX support given of Act From by we financial
successfully accelerated our actions to of to billion, more acquisition of leverage I debt ended integration We a the during took Also recall net related and being of with capital than market to to cost X.X secondly, liquidity earlier, extreme earlier. has reduce by year raised mentioned And transformation, I our strategic million. work permanent a ESOL, and expectations. we you $XX fund our of as savings, also more $XXX ratio than exceeded mentioned that will acquisition this some $X.X date with of period volatility. We these of structure million as the our ESOL times
to markets our years evaluating are three opportunities take advantage by credit debt We of financial more attractive another even provide now also maturities to extend and flexibility.
There need the markets Slide XX. Regarding to on in outlook the is our caused of end volatility by everyone segment pandemic. no continuing the remind
have visibility XXXX. in provide businesses However, outlook commentary for to we believe we our enough
midpoint. pandemic-related Starting to projected course improvement revenue summary, market Of what mind EBITDA are is there approximately volumes, HE this Harsco assumes Products XX% in related XX% business to Environmental, Applied see at business in to show to negative compared higher The from no will with in XX%. expected developments guidance's that drivers With each and significant the services XXXX. with for Adjusted presently. growth demand, increase we is is and new the be projected contracts. year increase increased initiatives customer output
anticipate will growth, support while operational approximately X%, $XX guiding the to pro to Clean the We X% Earth, expect for will range CE benefits. for on or EBITDA $XX revenue are of $XXX million. EBITDA earnings revenues million driver be adjusted we for the within for Higher improvement million in forma a to Next will pro revenues of the of that year growth CE's we forma integration but XXXX EBITDA business. double-digit growth be primary
of an million costs. realize to our taken contemplated these disposal Most from driven lower expect efficiencies and $XX actions will XXXX. uplift to transportation be and date those including operationally We of in roughly
$XX partially offset important to these as to portion well. by million be for XXXX. an corporate will comprising allocation these will of Earth. not to duplicative million million costs And benefits costs $X total year. and branding additional We also approximately We've to benefits This the recur support expenses commercial And for will alluded allocated Clean the a as it's non-recurring costs and earlier also anticipate $X approximately expenditures and investments. I some IT, $X in of largely additional note, integration million
EBITDA Rail, growth at project of adjusted of midpoint. the top to for we line XX% Lastly and XX% XX% growth guidance's
and Asian to investments higher a contracting aftermarket impact be million For are will of mix, to of reduced within $XX demand $XX weaker And million. and anticipated offset technology range the year lastly equipment, corporate sales R&D. parts the including costs a
consolidated Turning on to XX. Slide XXXX our outlook
$XXX EPS within to interest to range expected of effective XX%. and rate tax $XX expense $XX to per to range to million. XX% guidance earnings is adjusted increase of an to million to contemplates share Our million $XXX translates a EBITDA $X.XX adjusted This of The of million assumed $X.XX.
of targeting $XX $XX million. we million Lastly, spending compares most capital to anticipates after before renewal that range be within net expenditures $XXX should $XXX attributable deferred XXXX are free in environmental $XXX growth cash increase from growth flow XXXX. of forecast capital a million net This considering were range free our of million. all flow And CapEx million. of in with the amount CapEx, to $XXX This year million spending cash will in and to with full
increase will spending capital will to employ year-on-year, we While discipline. strict continue spending
include remains cash note support us. Act as Also will CARES roughly As past this payment generation levels behind at CapEx normalizes projected $XX to million payment flow are I flow to deferrals that point our that and from million. current $XX our normalize XXXX, Also forecast. to free in including our below beyond year XXXX But XXXX CapEx our to the XXXX, XXXX, from expect cash an cash free the those will spending important capital increase lever cash cash deferrals ranges related of looking flow.
of XXXX. We X% flow to consolidated cash generation revenue of expect the X% of to by free in see run excess end rate
with are results I quarter non-recurring lower as contaminated of mentioned dredge Earth modestly QX due Clean $XX offset the $XX expect projected me Compared expected Slide mix. and service we HE move favorable more EBITDA guidance. to and earlier. improve results a soil adjusted is will contributions XX let and million. quarter to expenses, our to of volumes XXXX, from to with million ESOL first the first to So spending higher, the range impact administrative be lower to
corporate mix. be of that costs. and of in in Rail assume a that of January normalization are conditions year-on-year, timing in as We able March aftermarket and volume to modestly result up results Also costs make to lost and expenditures we'll be be was the volumes some lower to due February, and some also weather anticipated expected Northeast lower to higher Texas. in to are due
Lastly, let me this year's phasing. comment on
include sites we impact consider phasing, likely expect conclude, year and progresses. you'll factors Clean as the to HE the results Earth, As Clean strengthen of the the in this growth seasonality improvements our of of to maintenance-of-way the regarding and of our investments in anticipated the environmental, And the in timing new of rail the maturing conversion synergies backlog at Earth rail and market.
back call the hand So retirement to make before a like be month, earnings seeing comments. last for next to it and few brief Harsco questions before operator I'd annual this will I as my my
Harsco retirement While optimistically proudly my past very Yes, and the of here continues of organizations I'll my whom reflects will and much miss Thank I also executive next as extremely is there the wife entering watching excellent just leadership will it and much you privilege years the have team six rest will my miss. for leadership, but at and which I I back clearly and I've world-class each for I'm look I of much, greatly about and looking to countless achieve the counsel I to assured, exceptional these it forward team Above the value miss and time and finance And Harsco of all your Nick's colleagues my is hard not miss members are emotions. who met finally, success. extremely a global Harsco values had and to eagerly friendship friendship certainly the I've worked stage more our as lives on the shareholder lead IT grateful. will at and are I to all, fondly excited mixed immensely colleagues. support. and far be with and so than which I organization. this culture
and me now bearing to for back I'll for with thanks operator the turn questions. the So call
