Phil, to Thank and everyone joining you thank the call today. you
Before the XXXX the made minute reported to details minor some of talking results, previously financials. first of I that two have adjustments a get the let quarter spend into me been about
first, impacted revenue as by of $XX.X each million the The we and businesses have So as contra XX for for as revenue our first revenue positively was automotive for other both a revenue SG&A. impact result, from of item was well relationships $X.X increase for This impacted of points. industrial product into reclassified basis customer margin XXXX. the in And gross SG&A. of a million rate quarter XXXX amortization annual
occurred They year classified we charges charges update initially last restructuring after plans. in first the were of SG&A. of but of reclassified June strategic in our restructuring XXXX, $XXX,XXX announced as as were Second, quarter
quarter the items as I'll first We impacted reflected the now that have and this adjusted and amortization focus quarter quarter by With statement that, on of impacted the of restructuring $XXX,XXX adjustment EPS first our first slide on most now this quarter points XXXX XX income customer and XXXX of restructuring the significantly basis in rate impacted XXXX. Both results. EBITDA X the for first margin the adjustments start relationships $X.XX. by
X.X% compared by So product period for last the quarter, declined year. of revenues the to same
due and were in vehicle automotive the was flat year-over-year China, North our outpaced segment, segment for in Korea This production X.X% headwind the basis segment According mid-February vehicle and achieved the year-over-year. revenue by the market business. XX% FX, overall we year-over-year, Industrial revenues the grew Chamber flat. of primarily disposition the revenue CSZ to declined organic adjust If Industrial Automotive we While was impact of the where of in organically latest Japan key X% for below XXX points light to data forecast. Europe, despite their quarter almost the America, production. declined first global the IHS our approximately markets almost
line, result of revenues the market strength the up where our X% outpaced business product was automotive a continuous Our year-over-year. CCS as in
a XX% well BTM revenue decision the Additionally, offset a last in period low discussed. primarily and award-winning compared Volkswagen to as to down primarily business. decline same increase Phil decline seat due This walk heaters conscious in our were away solution year, doubled just revenue PACE to margin from which than was in China, of to more in by that the due as sales of BTM GM
of to declined from declining in the GPT from as primarily Additionally, which Chamber we Automotive RV in as few revenue first due And revenue XX% slowdown XX% industrial business, was to you about down Industrial segment, know upgrading also to programs If X declined year-over-year, also due well decreased to from the seeing was revenue to Tier large the the heat electronics year. CSZ the we industry. in The sales a a only XX% Germany. business. February, primarily to the Industrial almost lower due in the move continued compared quarter cables sold customer are CCS. was the last as orders
As as of the you classified in were held-for-sale second last half know both businesses year.
we increased strength gross year-ago sales more quarter. due than first year-over-year medical revenues our side, to business was If in positive Blanketrol North decrease XXX move the basis gross higher points margin, XX% America. margin for the to the the to XX.X%, a quarter we of where continued On saw compared in
was margin primarily margin last improved to timing cost year. compared gross as basis year-over-year sequentially the the higher in price XXX labor However, due of well between points and cost quarter differences fourth annual The supplier gross as customer the decreases decline reductions. with
negative lower well were In driven phase unit impact cost new technology launch and volume, associated there leverage program. BTM by by offset as a improved cost the Fit-for-Growth. margin higher and with addition, actively fixed tariffs was These cooled of from from our reductions partially as
couple Celaya the mostly details, net impact to from as the Just able efforts of this incurred point, increased which the of whereas negative we $X we requirements, tariffs approximately production at labor we up year. our And the at our much sourcing headcount wage to our you were the with last more in of of million. result of impact increases we as range the in mitigate wage what the cost line ramped in well annual to pretty to was continue some $XXX,XXX On the while fourth the Mexico, new adjusted team, we in experienced add quarter align a were that with tariffs, is minimum may in impact rates plant. million expect quarter recall, as be the to to $X as of facilities
efficiencies the margin BTM. in last sequential This margin our gross driven of rate in While Mexico with primarily fourth the point XXXX. compared improvement below gross our basis to a higher by plants, first quarter, and pleased mostly year's was quarter was XXX improved we are
to million. expenses Moving Operating the were expenses. in the operating quarter $XX.X
XXXX. the million amount transition for first $XX.X of this $X.X $X.X million, periods and expenses. and for of transition of restructuring down operating adjust included million charges, from in were If $XX.X we both million related expenses Now mostly restructuring in CFO charges the CFO cost, quarter the to Fit-for-Growth
Industrial as XX.X%. quarter of related evaluate sales Adjusting fair in Now cash this CSZ year-over-year decline of was this of effective our assets GPT we Fit-for-Growth impact more lower continuously driven impact primarily impairment for as the expenses the the was the charge, quarter the impairment we XX% cost in the recorded the settle $XX.X to Also the value options, than as reduction Chamber for held non-deductible business. business. initiatives, sale, of stock a rate well our for of the tax by million
share, will Finally, sheet. our slide first balance last the walk was you $X.XX adjusted we compared share turn quarter EPS to year. in $X.XX a X, I in the If to quarter a the through of
position So the was million million, coming disposition our quarter in $XX.X $X.X restricted of chamber including the the cash industrial cash from CSZ of business.
million. share had position in the during million approximately $X program. repurchase cash and We for activities in cash cash the million $X.X generated from Our $X.X increased we quarter by outlay our of quarter operating
Now let point. make this a comment me on
share condition in economic repurchase our automotive Given the we down and the the recent macro slowed quarter. program market, the uncertainties in
opportunities look ramp on conditions. up will to market the the the authorization program depending over we for period, of the However, remainder
received the from to in $XX also the result, as from sale million Industrial of at at XXXX. of the of our $XXX end by Chamber million CSZ end a first quarter. quarter million the decreased the We proceeds And $XX.X $XX the net million of XXXX, of debt business
debt of approximately credit million. are XXXX of we stands the based guidance the end stands total quarter results, first line first our availability As to of on guidance, at our and and approximately we million maintaining $XXX the slide $XXX outlook. quarter, revolving on XX XXXX the move at If
is production growth guidance likely at the current half do our to see be foreign end revenue our the given it Now, automotive will for coming of forecast our rate We the impact XXXX, of growth that global year. the excluding in exchange the lower more second of continue of range.
our few off. challenging In vehicles will quarter fact, due rolling most quarter to the second be a
are I'll In the turn still session. Devin in And improve begin margins, However, quarter. year. the we our are launches second first to several vehicle while in summary, of the made Q&A work we new that, expecting further to the call with we progress we that to the to the have half back do with pleased
