the provide update revenue update financial good 'XX. of morning, will for our and I On After on by more results call and another with fiscal you, of growth closing I business an the including will will detailed provide our discuss driven significant results few Kathy, a from then guidance that that, report I’m will significant our including call, questions. year. a earnings and Mick segments quarter we segment consolidated our for to segments, up acquired sales a improvements initiatives. contribution and across review second all quarter CIS pleased strategic Thank opening business our to remarks today’s earnings last and prior strong everyone.
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operating income income million, in Our CIS $XX.X reported was the operating segment the adjusted million of the business year-over-year improvements up earnings $X.X million from $XX.X contributed Each prior quarter. during year. and
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Turning to of the $XX.X The Gross million million, operating CIS million. This X. $XXX.X profit which Page $X.X in sales. of margin segment income in XX.X%. reported resulted was reported gross segment
between in cost $X.X SG&A. depreciation of includes As a as and million sales this of reminder, and result a expense split recorded accounting equally amortization purchase
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well are timeline. goals of initial synergy achieving our our way we ahead our addition, In to on
are XX. Sales Page conditioning is prior global increased focus footprint our current current to year heating manufacturing offset sales. segment lower our the X% HVAC on air with expansion by low turn we building evaluating in with where and Our for partially presence. Please country with ventilation improvements compared cost
points sales with Gross increased profit year. continue prior and of XXX improved better million, a adjusted prior the gross improved by the This see nearly year. operating to strong in due slight UK. than to school decrease of largely in from income in improvement XX.X%. SG&A doubled which margin We double XX% pricing more that along basis the X.X of to is and performance resulted This products
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our order book addition, In strong. remains
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to to creating ourselves create is strategic for and we have focused thinking on prioritize we growth. a resources in make In disciplined order addition ahead determine to to are to analyze our business for continue sure operational to we to these value This framework our shareholders. and portfolio better understand provide some to how continue can that best set also review profitable goals how capital our goals,
vehicles as our in strategy internal investments capacity thermal We are China this in vehicles management vehicles. development the customers engines. additional than electric We a include know electric of examples our needs different Some on and have priority. making that these understand focus combustion
similar or of can particularly with produced, already we’ve these our be products. needs Some engine-based are met to that very with those plate-type products
platform addition, would Modine – also this to company. our will a market consolidated for our for revenue battery-plate industrial With that, our our next our This take our guidance Mick In years. like is diversification opportunity market as guide there us technology platform for the to prudent balanced actions the makes cooling. from our grow around which is in product develop. This also a fiscal for from product a and for a update strategic to Modine and coming continues phase will offering approach an over us 'XX. new earnings investments as such of profitability I'd opportunity add diversify the diversified truly this adjacencies over it stronger consider as results. Modine and great product this to strengthen, turn overview to would financial new Mick initiative our be We of
