for the team to I'd like X. Manitowoc Please outstanding to the Slide Thank call Ion, turn morning, today's by good you, thanking everyone. and performance start quarter. their during
adjusted $XX or million the Net capped quarter sales results of was were second $XXX million our the and an for year. margin. excellent half first XX% quarter, Our EBITDA
increased machine sales year-over-year. non-new X% addition, for the quarter In
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our Cranes+XX strategy top priority. Our is
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our our short a visited and you world-class crane Europe. lean of I held Baltar Kaizen facilities quarter, find The global motivated During nothing tower our is in Portugal, leaders. the more won't facility we team. annual In for
and done, the of practices, to best in sharing to fabrication Operations times addition pivot cycle Director team the facilities Vasco-Rocha, In the team. our Baltar opportunities great Well global improve identified processes.
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site. significant were and location at Kaizens at already year, are this energy savings they this born Our last producing
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for surprise addition, had me. a they In very special
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facility come X.X weeks years. our General [Indiscernible], pictures visited away the I astonished Manager, the in layout. I'll let I the came do streamlined ago, the with has plant last Lastly, few and China the team a our talking. completely where we've
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move Please Slide X. to
quarter Turning which $XXX during the to the exceeded Order million, market. expectations. was intake
interest inflation major shift billion, above in to utilization good. strong and has activity houses Crane and remained crane $X U.S. be towards continues the Americas. backlog our business the higher strong spite been continues to demand Crane among mix rates. Our and is in of
the hints the fruition coming of infrastructure bill to This quarter, Northeast. the we in heard first
is remain I While this encouraging major to investment U.S. on economic flow cautious to program. the market due starting to government it's money the hear that headwinds, from
always in to me of a scheduled describe lot the slightest As for bit could of Even would we balanced slowdown in a it cautious. create our as which the cranes dealer by headwind ship dealers end inventory, I have well half, retail activity second Nevertheless, June. year-end. leaves to a at the
very the American market bumpy term, in optimistic as there we and North remain be a infrastructure chip medium the little Although momentum. long term about gain pills might
marketplace, slow Unlike construction which the the the rates. We've the European impacted seen continent business, almost for in quarter has impacted across year-over-year. our by activity interest the has quarters. economy decline far, in by been mostly second tower XX% however, increase crane U.S. this saw orders several Thus
are cyclical energy significant offshore tower a in wind shortages clearly still farms the housing are hard for see positives are we The governments and every we building there European horizon. in country. in crane market, French some downturn U.K. pushing large-scale and nuclear projects major and on Although
some same self-help been European economic would the The recent mobile their a thanks refreshing houses story smaller describe but crane have business fleets underlying pulled not has rental rental certainly the different I large as have years. while houses little in dynamics, the robust, modestly market the the is but to back.
years, softness. successful Europe over offset up, in share is with last new our help Mobile X launches remains product seen we've the tick market business the Fortunately, several to the market levels stable. of which helping
Middle X things. to East Moving saw read month, I to trip during last my the
crane And His Saudi presidents back First, biggest as since XXXXs. dates Towers. locally is second, been has big of the XXXX. our Arabian dealer, thank to [indiscernible], you who how partner coming NFT, presence life. quickly in tower A the to known Vision Kingdom to the XXXX our strong
in and On When Park size to the York be cranes photon my or Art King proton Central trip, malls projects. trains the the construction the City are XX I is New will visited visit I Complex, Salmon project, of world X the Royal will which of the working. where are had Park, tower the Kingdom's project Mall major the X operation. the largest there of Avenue opportunity be one park another mega also XX completed, times in first
every heavily major these projects, in addition project is In NFT Saudi. to in engaged
is the smaller the regions, it's our for the X Middle growing East with orders XX% versus quarter rapidly year. Although up prior of
bag. South good slowed for strong a are remains although to Lastly, wait although And market as market very market. next this been be Australia the muted. the semiconductor has petrochem crane continues pick The has up. to a mixed the begin, project and markets Asia-Pacific Korea, we In shipbuilding year, to Indian big China extremely beginning remains
vessels Although Europe. become very to out of it's difficult get
we to delivered. fact, ship machines recently chartered get our own In
that, With the I'll turn call Brian. over to
