Roger. Thanks,
prior first earnings As and to per comparable $X.XX Roger lays for period. the fiscal quarter diluted prior table out This compared mentioned, UGI our the delivered EPS share of quarter. in GAAP diluted $X.XX adjusted the in adjusted
diluted decline adjusted a that our this in natural see, in commodity can you the relate The prior-year. exclude between mark-to-market earnings $X.XX changes $X.XX Europe in a adjustments power of including $X.XX attributable number versus in and XX. instruments, largely year impact is December QX September and totaling of As the items, gas loss loss fiscal of $X.XX for hedging of XX the to prices to 'XX
$X.XX on a prior-year. in $X.XX derivative This the had currency of we foreign loss gain year, to instruments compared
was with contracts $X.XX We instruments for that AmeriGas on disposal U.K. related the Growth related that noncash the were Energy to in October Roger transfer project $X.XX of with fees business that had that enhancement loss customer sold highlighted This external to commodity also the substantially advisory of the XXXX. underpin business. the operations associated for Marketing earlier, loss derivative
in diluted particularly personnel-related offset pressure, assets EPS a in Global of expense PP&E a fiscal $X.XX on business marketing control a with management XXXX in off level, efforts, of margin of which start a good net and Consideration and for the for At to includes million, basis. warmer intangible was in was sale certain $XX in Netherlands. And costs. weather effects energy We're adjustments. located effective continued which cash working increase adjusted high to due $X.XX the capital impairment the $X.XX a year-over-year in payment and the certain up significantly lastly, LPG Europe inflationary strong
Our natural businesses businesses up benefited as U.S. gas weather the both were colder conditions from $X.XX in
our rates Pennsylvania strong increased and contributed midstream base on throughput this In addition, to in gas performance. higher systems
Turning which in key EBIT million the million to volume X%, reported shortages customer and conservation. also Retail positions, continuation declined attrition delivery-related individual businesses. limited customer prior-year period. of as $XXX the staffing as of and versus AmeriGas structural reflecting some $XX growth well
order compensation the to million, reflecting of to by XXXX. distribution of administrative the have margin in higher Subsequent and which increase offset quarter, margins, benefits partially progress effect retail $XX volumes. our was expenses Total the primarily shortages lower Operating we saw impact and reductions as significant and increased made the employee lower propane during this we addressing was in made staffing workforce capacity. carryover to by $X decreased million, fiscal attributable
International $XX business. prior-year UGI the million was is of the expenses period. positions, pressures. overtime and as EBIT attributable partially million decline as million EBIT by well for increased benefit reported the shortages of the to of offset contractor sustained distribution key at costs level delivery-related the inflationary $XX vehicle lower This activity higher given The compared $XX and European LPG effects to staffing in in volume
was warmer significantly than For in prior-year. weather the quarter,
also reduced decline volumes, in crop for With an year-over-year. saw the warmer ongoing retail effect customers. volume LPG XX% primarily the residential total conservation efforts conservation drying was in The we of retail weather, on situation Europe, and of volumes energy effect geopolitical energy
reflecting $XX decreased LPG the margin lower weaker effect currencies volumes. Total translation and of million, foreign
impact personnel by Turning was which the expenses. effects costs. $XX was to decline inflationary There environment translation offset currencies, million maintenance administrative to foreign and operating partially of distribution, global on cost and of underlying weaker an the due the the the
revenues, combined of ultimately, by strategy multiyear net nominal with while the immaterial. impact the and our Individually, currency foreign effect of hedging when expenses the EBIT in effects to were And was costs resulted impacted a translation impact. currencies,
in relatively the Marketing for EBIT both was business, and Energy year-over-year years. Lastly, flat impact European $X.XX
XX%. volumes As reduction exit natural this we we been year-over-year to close business. our particularly our in volumes volumes, we've were where and managing of a exit warmer was there noncore portion down significant gas Based previously on strategy, weather in shared, marketing, as
were by prices. benefits the of in lower and and the volumes intra-quarter intra-month from However, power effects volatility offset European gas natural increased
quarter, to $XX over $XXX million of a gas Moving Marketing EBIT natural and strong year. the an of businesses. increase had prior the million, Midstream reporting
increased opportunistic margins of colder weather year activities XX% the prior the gas $X.XX at December. weather, management peaking cold due capacity than natural from marketing roughly experienced and margins of the business With from also included This the end to activities.
the margin during East the marketing energy by of sold. we systems where earnings remaining And activities Our were million incremental of million from lower the acquired in in had to were in reduction and increases UGI Moraine UGI total quarter, there capability. build-out XXXX of Pennant January in offset from These acquired environmental that we August margin renewable Midstream enhance XXXX. a $X continue as was the our Appalachia credits volumes partially interest $XX
$XX are million by in our equity method fully the to other offset given operating higher buy-in was the income Lastly, increase by discontinuation now Pennant due of the of as allowed income UGI. lower accounting operating partially for assets that EBIT assets owned
higher which Our Utilities with went higher market the when prior residential large Core gas EBIT prior segment the was continued delivery $XX effect and than weather million on at year. as into of service compared XXXX year the than with from to customers. market Utilities prior base This was rates $XX October the quarter primary period. growth year also had total core of were increase UGI well volume that as the along in end XX% at a $XXX increase drivers colder up million, for robust in the margin million volume first in
of this minimal. With in was weather quarter, normalization normal close to new our mechanism effect weather the being
was in warmer no we our FY normal QX reminder, in weather at of a time, normalization As had provision the 'XX tariff. and weather than
benefits account expenses by higher due and tax and administrative sales expenses, and expenses largely million, higher compensation increased and uncollectible Operating increased expenses. to use $XX
which pleased approach. capital we're the diversified is results strong portfolio, units, disciplined of with and investments business across strategic attractive product our summary, the deployment strong In the
Turning to liquidity.
previously requirements the had quarter. position, returned September we liquidity prices generate continues our first experience Cash declined as liquidity quarter, to between capital cash of the flows, current end commodity UGI higher since was the The As pleased largely and typically with $X.X business working available XX December billion. of in of seasonal collateral we're and XX. held strong
back to call the turn over I'll that, Roger. with And
