Thank through you for go our you second thank quarter and morning, Daniel. outlook. everyone, XXXX and year to joining us today results Good full
will was for demand also LNG, walk presentation Slide for supplemental infrastructure on starting the we big released morning not Thematically, our we seeing that X. global but just for through usual, are this LNG, significant As buildout.
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build number quickly. including is is this particular, as and In Bangladesh, a Gibraltar Panama, The of Currently at scaling additions newest of XXXX. in infrastructure LNG importing countries, countries happening rising. XX the three
XXXX regardless decisions will number conjunction such the natural size, need increasing are IMO all importing countries, in alternative The LNG these countries the toward energy regulatory about with of important is What driving requirements gas. infrastructure of for to gas. as that of ramping need utilize is
liquid July and closed with as our markets. well access India access unique VRV additions regions brought offering gas our growth to as Also specialty product on in and to as the The Air-X-Changers, across manufacturing us to such global localized cycle, of capabilities. is geographic which X, to
taking of footprint, leverage more inclusive international of the United outside You'll States. increase we opportunities, air-cooled how today heat will about our exchangers hear
year XXXX our financing a conclude today's with will from of We in inclusive call of strategic guidance our full the Air-X-Changers. addition the prior impacts reiteration of recent
reiterate guidance backlog with segments actions margin in over quarter strengthened able the and all benefiting because our of self-help our SG&A. first are sequentially increasing gross expansion We to backlog margin three the
Moving second to to while million. Slide XXXX, tough XXXX, order large XXXX the continues the QX quarter of comps XXXX three quarter both over X, be faced $XXX of $XX orders robust. and which to Orders included grew totaling X.X% activity second orders million QX
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left right the from to X, Slide on to slide. Moving
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market hydrogen provides This also globally, growth combination specialty various taking uniquely markets large for India's good As Western LNG us specialty region. of liquid activity a hydrogen of provide the Hemisphere. positioned outside even grows hold we applications. are opportunity is with example The of the in more to tanks infrastructure
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have to IOCL currently related we $XX activity with signed million March. bidding that our India, MOU We in for bids of happening including
companies responsible geographical These areas. control has inclusive for developed Regulatory distribution seven Gas most CNG gas the the are the that areas. significant Board with Natural city companies distribution areas. XXX networks designated Petroleum and how have IOCL LNG India's gas and the within has geographic of XX in are operated over
Last night global their field for the signed modularization industrial gas a companies in a AG&P AG&P execute expertise their per time with infrastructure memorandum with of significant deep in government. we company with another understanding to amount infrastructure their certain a is responsibility and of construction. the one requirements of with city Indian agreement LNG,
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portfolio. mentioned As of the of the Indian numerous the to direct VRV we these our have addition result are opportunities times,
to Israel. and totaled million VRV could synergies $X Singapore, We months customers regions, prior new first we also of differently, including Lanka said in other Chart Sri or in ownership our have Revenue have the neither six nine Malaysia, captured synergies that have combination. nor access
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our well results EBITDA EBITDA the exiting plus XXXX the operating quarter margins of expected when way income anticipated for costs, second on XXXX. VRV were to adjusted and The positive, onetime quarter fourth XX%
X.X% first over second VRV were quarter million $XX.X quarter, of higher $XX.X million, quarter backlog of increase than an VRV X% in orders the XXXX. of of first the resulting
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only of all execute to to of Xst, the to million completion synergies, on bring what July are the also American revenue international Air-X-Changers the markets With of we nearly with acquisition synergies. cost $XX leverage as not but air coolers we are starting North to footprint adding beginning our traditionally global
to set European and that add neither in air coolers projects markets intend Indian previously. new a manufacturing utilize legacy facilities Air-X-Changers and nor Chart our of We to played our
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has been our basin we softening presence, The best in markets, are in concern because seeing there any we decline. Permian recent the Basin, U.S., economics significant well the country. compression are is Well, the results largely not have largest active most where the the over
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sweet We more expect these into will capital for invest well large capitalized operators a HP to continue units, Air-X-Changers. compression spot
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LNG return a most The study financially is environmental released on LNG effective energy higher is hurdle CapEx delivers the LNG the on study showing is delivers key highlights findings. Cap. The costs, return competitive performance It investment. FDA diminishing. with a marine investment. better the best fuel method Recently, that Sulfur as XXXX long term has complying and a for
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To benefits, our first quarter provide pieces Slide turn the details XXXX activities. recaps driving line is what on to bottom X, which of restructuring the
repeat you year-to-date to so April, this that impacts. While build I in you we our with won't what we shared can included
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tanks Over have to XXXX we US $X had the system We HLNG This the course not million line year our where of million XXXX, have in producing from XXXX serve from made can anywhere $X.X a in China, in revenue. or starting Italian million region we $X.X on lost line. fuel price money. of vehicle in
$XX.X restructuring actions Year-to-date, in annualized will we result of executed XXXX. million beginning have that savings in
we achieved date In million million. of noting to that the restructuring, savings, also our sourcing $X.X have it against annualized $X.X addition expected to original is worth
of including has it and been this world both capacity, extent September Obviously, as our customers from having in process, acquisition. I new the manufacturing cost a so a to XX/XX footprint. time XXXX, where and utilize well with VRV that allowed trend regional markets XX, locations conjunction key our the open us, nine of XX has can today keep you our let's deck around to to, global the flip mood to only perspective. have us the lead strategically the Not from perspective maps as from our added going, in locations, was see Out of use Slide since in the
this hand, since example, For and storage is a year. build the beginning and to to customer. products requirements, shorter high of to closer of utilizing product on customers, lead in various this that been hold facilities the able to and distribution be we've product through XX which on can products of customized the critical bottles times locations to demand make end core stock to category XX period between customer reduce have time done spread We've our
reiteration on activities, The shown the guidance tailwinds combination of fundamentals XX. of prior the of the the expansion Air-X-Changers underlying of addition margin industry and contributed Slide our to as
Sales to approximately average XX.X be per range of full expected the with the share corresponding $X.XX $X.XX, adjusted year earnings to $X.XX $X.XX weighted billion, outstanding. in of XXXX for billion million shares on to are of
related of excludes restructuring and transaction assumes any This rate effective costs an and tax XX%.
from in Venture revenue assumes Global Golar guidance project Our timing. and which XXXX Calcasieu projects, subject Gimi LNG project the to is Pass
further as row additional when included We eight. May on the AXC guidance and to initial EPS beat We've combination financing in shown prior second activities strategic are financing estimate the on our from the expected of guidance transaction. early we from the the quarter impacts of announced half our additional our in the in second year benefits included drag. an restructuring offset had The
tariff sales. any impacts from we we our orders and monitoring chain seen our are situation, impacts While not carefully to to negative the have supply Chinese
In into China driven articulated which the has the These by delayed which tangible few China, inability be of stainless local million quarter, quickly trade freezers The resolved. the the second ship will situation has is dynamic the very to to losses we only trade in experienced were $X suppliers, recognized tension. from negative steel, sales. bidding other trade as cryobiological after been sales a
earnings quarter and information our Slide to over it second half of XXXX related provide through turn four segments XX expectations. to specifics second Jeff now I'll on to walk the
