Thank the you, me joining to everyone, deck. supplemental on quarter thank and Joe our through you starting record third Sylvie. for Good morning, walk XXXX CFO, of Brinkman, X our results, and Slide
positive demand saw that and integration our very financial progress, with quarter. deleveraging we broad-based We are third delivering pleased the the momentum on on through team's continued results,
want million line approximately proceeds that prior that closing is to to for yesterday signing accomplishment with positive and subset a all-cash of perimeter, from million with very $XXX chart defined deal with of the the $XXX sale Fan our I business One an in American divestiture start Arcline of originally achieved in of the transactions. multiples have we cash with
expect the million cryo X.XX we Tuesday from next and close to the million addition, approximately In next closing diffusion $XX expect earlier-than-expected Cofimco also sale week. sale
business whether the will within was the in and that additional original sale divestiture evaluating have We been business the portfolio. or proceed has we considered sold, perimeter asset one we our are with keep that not
forma the our to announced to of pro operations fees XXXX. strength, range the net $XXX.X is when net net reiterate We costs. with and expectation target cash middle adjusted in at X.X from for X.X margin for continuing of divestitures million $XXX.X by achieve our X.XX. which and leverage were transaction leverage generated million are our We cash Combined X.XX M&A we ratio, of operating activities also from
of third approximately a EBITA, margin. the pro respect XX.X% gross XX% XX, the be third With adjusted XX.X% forward. on Adjusted record level In to the of have we on to performed this posted over line to and we margin margin compared XX%. March grew quarter quarter, and income, margin above expect and basis EBITDA top or on operating acquisition growth XXXX to since continue margins EBITDA of Howden points EBITDA close at going the sales on above adjusted strength, XXX of reported forma
X in The has made cost incredible team our achieving synergies. strides year and commercial
track are achieved record million. commercial exceed of have already acquisition surpassed markets. hydrogen, $XXX.X LNG, $XXX.X months were on our or have To cost we excluding double, We synergy post to million year synergy carbon X multiple of with $XXX and commercial our our to hit other X synergy orders one booked The only of date, by synergies and many X LNG. contributors million end of big orders, across target capture year wins target
orders, on big these throughout X achievement billion on to show X record any quarter and and included billion. slides LNGs book in not continued third still discussed our had Slides $X.XX material or did will We've resulting We of the of our and $X.XX the today. early, targets of backlog in time be
to Moving X. Slide
operations to continuing figures divestiture the and roots ownership results entire we This closed present previously on from our XX. operations. moved results Roots discontinued quarter period third has August the and XXXX year-to-date are The as excludes for
XX. XXXX not to next or QX is on in outlook. and Tuesday our anticipated in the close The included operations following year-to-date, are which Cofimco for are included forward-looking October continuing quarter XXXX fans, third but
held asset quarter of Chart. we sale. week, I business to [ part business third the longer Yesterday, not an our sale next is said no previously. TriodFusion And of on for treated also as expect the effective divested the Cofimco is And For outlook. and in then, Fans, we year-to-date, as ] American close is the
will reference XXXX periods. we pro for are Howden. Chart business references forma of combined today, Throughout comparison All and the
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of we LNG XXXX, the non-big growth compared even XX% quarter big orders as as significant orders the booked QX. of second total LNG order growth in X%, considering in approximately million above had Sequentially, to $XXX in when well
second the set operating new combined reported adjusted EBITDA gross records margins all Additionally, both consistent for QX quarter, with EBITDA in were the and in business. or and with above margins
XXXX onetime records. the Third with quarter compared primarily increased margin XXXX. million costs quarter second record of $XXX.X associated million and adjusted And operating Howden of integration income XX% the operating $XXX.X adjusted of deal, X% when to both of and income reported were operating adjusted for
X and compared of LNG, in XXXX operating X the when Additionally, Big quarter X increased of segments with the when all segments. excluding sequentially second margin
quarter XXXX XX% and Third $XXX.X sales sales XXXX CTS products. the record when million for compared and third included Specialty of of quarter about to grew
of smaller and deliveries timing that recognition impact, and we business, also we and chain quarter, future a while backlog. customer periods impacting projects push our changes, within ship third the schedule to certain percent changes During related prioritize out design within RSL project book facilities revenue between timing a revenue and customer supply to schedule completion our saw delayed and created
in quarter which $X backlog would timing above and XXXX. this quarter our still are these Based the realizing billion current impacts. is order fourth we Third market revenue in absent on have been during trends, confident revenue, in
And of increasing have X%. both acquisition, have already below rates show Howden canceled. had EBITDA on. we order trend continued Slides historically, XX since I've significantly and of been gross only X.XX% touched and XX the margin, reminder, as backlog the a As cancellation
Howden been reported Since reported acquisition, margin XX.X% closing EBITDA. gross XX.X% we've XX% and and adjusted consistently above for on at and the or
aluminum beginning have peak this XXXX and material similar on tempered compared and as Carbon input more past freight Steel to fairly off is see year. its Stainless and Our XXXX the consistently, XX. to cost costs Slide to of steel available since the has can significantly X is years, back declined behaving levels while is you levels.
see from with our suppliers. normalize, longer cost than past and times to costs labor input continue years, late increase our expect to lead and We including further although deliveries increases that protect profitability. we other, material quickly price Whenever margins the be few respond across to we or
As costs decline, margins price our increases. to are anticipated improvement from reflect these
chain a XXXX on to continue supply synergies. tailwind in anticipate we execute as also We
XX around is some more #X through Slides start XX priority. our adds Slide results. XX. quarter third Safety detail to I'm our on going
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we'll our in few a Strong leadership certification discuss of a industry moment. also QX, position progress in and and these in was made
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period period quarter same X.XX. increased increased compared in compared than when that third orders XX.X% when comparison. to XXXX Year-to-date RSL QX, more book-to-bill orders for RSL Third quarter increased XXXX was XX.X% XX% and sales same Parcel the XXXX. to for RSL
Third across from tangible XX quarter is commercialization the we're the XXXX of to a of legacy offering at different backlog XX% increase record Chart legacy We quarter love XXXX. including than refueling compared Howden's to digital seeing LNG customers Chart uptime customers. business, of $XXX.X million, applying XX RSL an to more that and stations uptime third
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year-to-date Our war current Middle East Many have to in and us deliver results. asked the and the about our presence Africa quarterly stellar region considering continues East, situation. Middle
done We about between and Middle have and has $XX million in in XX $XX the time people excluding sales. physically located million year East, Africa, per historically, UAE full the
the not in to have so seen business disruptions this region. We far any
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helium map as Not see our was right-hand market U.S. #X isn't for this lower than on also on only order can record third So quarter and Slide for synergy market. this at a XX. you the just the end quarters story, hydrogen orders,
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There shown of on XX. are the side Slide first other left-hand
which achievements third synergy at shared So of repeated are Slide strong already XX. I've on outset the quarter call, the the
also We reductions and additional renewals Mexico optimizing synergy also consolidations, ahead with opportunities. use the potential of our not cycle, have in-sourcing the legal more cost facilities, on on only identified year-end entity tax calendar but executing
customers. from Slide testing, breadth resources, XX the all capabilities bring solutions internal synergy strong third the and of wins are shows relationships both X customers both and the in as multiple generated and legacy manufacturing field and commercial therefore, Chart Howden orders, getting legacy times Chart quarter for lead table. of legacy from synergy thus and service customers with Housing These well markets as Howden's footprint end result key new in-house accelerating mission-critical to full the in-sourcing that shared with
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and I aftermarket repair Another was certain beta sites. bronze improve working teams great for to robust capabilities. European from on together service example ratings already our our Eco time our to spent XXXX sustainability silver
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able U.K. about You a may of legacy recall get the me service with on take talking synergy customer and early this result long-term folks. RSL V-Go in were a as segment early as an Chart service fueling we Howden's where stations field agreement to
order, by this on the million of order Slide team commercial shared expectations, were in $XXX.X this our far our to way, meeting really they that's team impressed included we second today. progress service week, as by were a we able this be is that we the the performance additional the the in station in U.K. and U.K. is book is on by ratio forward This going of so the the installed net shown policy which, to -- And not this in We with X.XX, reported synergies and customer now leverage XX. financial positively week at Howden this reiterate turn,
XXXX million in third cash It's debt and ending even XXXX. service until $XXX quarter covers noting worth divestiture fourth major material before level quarter. generation expected due Our the of debt proceeds have all XXXX quarter no that liquidity cash also needs we our fourth
to Now deleveraging synergy execution. our extremely turning our been who it has as Brinkman, over instrumental in as well
