in much call. but time. since XX call last you, of on in February period changed and short our today’s obviously, It been has just everyone, the that weeks Thank Jennifer, welcome, earnings XX, has world to
include driving the operational expanded with COVID-XX, protecting our on to management proactively focus in last but our quickly in efficiencies. medical from team was proper of a delivering members, Stericycle new from call, continuity customers environment engaged March mentioned service the and our waste team As supporting resulting shelter-in-place
review On partners, to COVID-XX ways including we first the health are we quarter services essential our will safety many today’s and taken of the care for steps team reduce in the preserve deliberate protect call, operating our cash to have as in which providing flow. and have actions response our taken field health costs as members well we our to the results we and to
professionals rallied COVID-XX, the governments, want As all communities have sacrifices. health workers appreciation for their efforts to extraordinary to providers health care and care I together against our essential deep and express and
for include many has productive the rest and of on a as proud I in but Essential fighting workers and nurses, essential of doctors that fed the to who and among this taken the new pandemic. who group help care patients, world. possible Stericycle am only healthy, shelter-in-place meaning honored as keep not us also workers stands
these past up We has our to matters. mission. few what protect lived its During company months,
Prevention, and with of implement started Control other Transportation February, team the proper medical Department practices of Occupational agencies unfold the transportation for our just best in pandemic for and packaging, the and and Centers As determine the worked waste. to regulatory closely the Administration, to Safety treatment Health domestically international Disease and COVID-XX-generated
team update with of to policies worked and to urgency our disciplined members. sense also We procedures a protect
our protecting serving are customers, our am the our I proud members. team our supporting around and all hospitals, customers our medical with business sites temporary team members open in who of facilities dedicated quarantine Our well disposal global as challenging safe, and frontline intense as of testing facilities place times and have sheltering to for those and medical These to compliant are provide world waste waste. communities. remained
another delivered summary flow for organic quarter financial core through our our cash destruction quick a free of February. we ahead and January regulated and medical internal the of We consecutive financial and results, exceeded information and revenue expectations first services, waste As of secure in quarter the our plan growth expectations. quarter were
However, see in destruction secure COVID-XX the March, of information to impact primarily we started our economic in services.
the Our team to Janet flow, discuss operating responded guidance COVID-XX, focus our changing for our to we magnitude by environment In serve and our in economic quickly adjusted the I costs created response our on later. customers, and duration the will detail cash model reduce our and more withdrawn the have which to continue uncertainty of and year.
been like ever. always very safety, that an important to a but area focus on more me, moment to has now than I’d for
During team management and with has readiness these and agencies proactively planning operations safety critical continued past daily continuity the a been of the few months, world waste and and work DOT has regulatory OSHA, ensure and CDC, medical for our part to staff. protect around environmental to our proper our health to
staggered PPE We’ve rigorous force task ensure times drivers We we of cleaning and globe distancing specific manage who our business maintain have home, team serve more protocols exposure. more helping customers reduce help dedicated while implemented to a and implemented numerous our continuity And X,XXX control the inventory. the We’ve from facilities. formed have social requirements to protocols than working updated trucks for shift our virus. to to seamlessly spread and the members around to and and
the injuries changes efforts year-over-year our significant focused of remained COVID-XX, resulted have by pleased turmoil report caused I’m have midst overall. the that improvements. we accidents in In reducing to on and and
is down injury for reason our rate America XX% rate XX%. During work be QX, team. compared down This recordable total to was to proud and more of XXXX, us in QX one of injury our lost just North was our
to to of as has commitment our priority navigate have continues. in the pandemic, to not key them immediate environment, safely sight progress our on current our our ways, In Slide date we these our strengthened five on our COVID-XX the remains operations While priorities, continuity noted maintaining lost X, many the of and ability priorities.
completed the Domestic XXXX, of portfolio amid Starting on Environmental economic we April successfully to business divestiture million in Solutions $XXX.X environment, Corporation for with rationalization, X, Harsco the challenging cash. the
pharmaceutical As waste services will call, customers services discussed unused provide last services provider. integrated offer take-back care and consumer to to an as health on hazardous the Stericycle continue
partner will waste disposal. for services including Harsco We transportation perform customers, with care and health collection, hazardous to
value. Solutions core sheet is in the The divestiture the and as our Environmental sixth drive debt, we progress reduce sale last flexibility transformation business long-term of significant our our over Domestic our XX enhance focus months on demonstrates and shareholder balance businesses,
We will continue our appropriate. as optimize portfolio and evaluate to
we approximately down second debt is of expenses, divestiture quarter. of balance million to in in The the business Environmental Our our customary applied net second pay priority the Solutions strengthening and transaction generated which $XXX proceeds, sheet. Domestic adjustments
Cash generation and initiatives. of leverage component another is flow key our reduction debt improvement
executing challenging time, delaying on preserving improvements measures, working this free reducing or flow operational and cash and generating expenditures, During by and capital managing adjusting capital. workforce cost-cutting we are closely levels
months, our priority, clear is last In revenue. has ever. three it to third the shift of that Stericycle brand the quality me Let become stronger than
As the to waste of of of countries depth and around the infrastructure, reacted our medical Stericycle forefront breadth response. expertise, pandemic, the world of our industry our at position COVID-XX scale the relationships
into Portugal we Stadium hotels stores in contracts the Javits York, hospitals, medical evidence, Comfort, the in were in Principality waste temporary and turned clear Center Spain New converted in hospitals supporting USNS critical large and As awarded Wales, like grocery Argentina.
waste centers. care to provide health partnered pharmacy also to leading university chains services laboratories providers, and medical global have We numerous testing with
leadership regulatory health independent provided how and as practices safely the manage We federal clinics have sought waste. hospitals, on to and and industry compliantly medical authorities care information other to their
globe, care our the a States, we for this knowledge established the COVID-XX serve health team customers. medical our are managing on fighting webinars for upholding Around services our coronavirus our to In the considered community pandemic, waste. center on commitment and waste focused hosted well-attended United and is essential medical
organic in Compliance and results, X.X% expectations. of the delivered revenue result our Information January the a positive revenue revenue Services and of and the impact quality generated excluding initiatives, revenue our of quarter, we brand when SOP and first growth February shown Slide of X.X% As strong in in exceeding Secure strength as Waste Regulated organic growth of X. on overall including pricing, internal Destruction
detail. experienced declines shelter-in-place during which March we highlight will the due coronavirus in and However, orders, more to Janet
postponement surgeries of independent outbreaks. increases which in elective spots smaller, small of Within demand to by medical offset the support for services care COVID-XX not waste, preventative a practices, was decrease the closure and temporary of care hot health and due was to
unique Additionally, opportunities we docked, facilities, serve hospital new ships, developed an those facilities, the service of agreements as to facilities. with needs temporary emerged and parameters quarantine matched cruise that testing playbook and operational operating ships
a secure destruction businesses to and primarily due the billed impact experienced as completed. significant retailers collection closure office Our revenue is information has many other are from after a buildings, temporary COVID-XX stop of services more shredding services
cost operational priority, of This leads fourth the to importance our efficiencies.
standardized the Our our to to efforts to decision-making while of build operations tightly months ensure improved our dashboards, changes service and over implement environment ability understand centralized costs. to customers the XX vastly continuity to performance managing last quickly and
and early our identify identified in move actions. and measures quickly. to we changes our share coordinated expectations resources necessary calls held and pulled monitor March, critical and focused set levers as Starting for for And we operational performance. for cost operational to learnings We in continue to PPE distribution we daily forward. control clear We frontline We communicate sourcing control workers.
with team, reductions to departments engineering all align have been pursuing our by aggressively Led cost revenue. reductions in
operational quickly drive lower down and and including oversight on purchasing, reductions travel, the consultants, central instituted routine spending leases. and key we renegotiation to costs, First, fleet lower controls contracts sourcing of reduced
capital and facilities. have expenditures while for to maintenance critical defer we our Second, continue supporting
reduction and members, by which a Information percentage managed multiple we using freeze our levers, of Finally, staff were deferrals, X,XXX overtime merit including Secure Destruction. furloughing in on a hiring, large approximately increased expense within team
accountability management control daily and of prior Importantly, and enable quickly one critical the giving source These real-time us order purchase our to for ability executional investments spending provided expense. system a human on us to the organization. to our have move and global visibility regarding centralized capital of efforts to staffing, a impact systems and tools across our system provide technology the drive basis truth measure
assistance take team, staff to of illness, we fundraising to free portion of is U.S. program, services made fund Stericycle many unforeseen emergency that medical a experiencing members covering SteriCares under for charge of and support employees Stericycle’s our available were financial plan. financial employee team to furloughed difficult the decisions that There the to financial contributions and burdens. increased hardship To We’ve due our telemedicine active provides covered had did our lightly. team grants we’ve made, for furloughing communications injury and employee members, and activities be and medical furloughed not
hosting with engaged. messages team members globe to are we voluntary weekly informational leadership team with across the from updates members these and help Additionally, calls furloughed keep
our priority, our to fifth shift implementation let’s the Finally, of ERP system.
successfully we and capital launched we the a this new call, noted We As ERP global for commercial, the operational system. milestone implementation marked in human our as schedule systems Canada had in year. and the fourth detailed the on significant quarter U.S. staged a of January financial management
commitment to deployment. associated However, team given And guided COVID-XX health protect customers what members our environment by with the made in our on our concluded matters, risks substantial. our decision deployment a and field priority we travel serving to keeping defer that we ERP were this and safe, the the
and as the we’ll flexibility, improve. conditions have We timing deployment reassess
I’ll position. to further Janet financial current now call the turn results our over review to and
