our good very quarter morning results. with And We're everyone. third happy Joe. Thanks,
in up for year, up As million $XX.X release, from press normalized revenues free the reported our our the $X.X quarter for year. last last EBITDA was and year was our million year-to-date last were XX% cash flow from quarter up adjusted from
EBITDA our sorting We it impacted execution, which year commodity mitigate And years accomplished prices pricing our customers us main closing milestones almost gets save company's were several by to also we we two rate paper with interest through dollar the will plan. lower In for threshold last meet our revenues another B the XXXX per threshold by We've business loan a help our interest times which debt control, job of business. points is things threshold programs Adjusted strong addition was year-over-year dollar increase revenue continuing the our operating basis which interest down rate last standards. and share our processing third-quarter. in overall customers per leverage the or partially X.XX in times against reduced $XXX,XXX strategic XX has threshold These one exciting great our over efficiency improvement the commodity costs that history and and recycling done execution about term China's step recycling These reducing contracts drove of our that emerging as in net and quarterly was contamination leverage labor the key highest series to financial goal the X.XX fee. programs share programs cardboard risk due to in part down initiatives below our our below the program in headwinds offset National and quality strong a to include our our Sword of pay amounts negatively
that meet our commodity cost adjustment sell and allows that us rate higher recycling back equipment a fee commodity or tax fee hauling works that commodities formula to the goes covering new prices drop to SRA to are the customers to Our ensure where average customers like floating increase standards to cost when our sustainability SRA net quality fuel our for or true recycle. cost surcharge including labor up
a work one-month Our on trailing basis. risk programs generally
during rapidly the are have this from recovered So foreign through commodity programs prices under July risk period. mitigation October
cover prices to commodity the potential impacts as prices. lower off the work programs will of our stabilize, of However, commodity majority
Given for move the operating average commodity by prices, would markets current our commodity $XXX,XXX $XX roughly and per move ton income every per year.
we've week XX% mixed increased paper seen OCC and to prices XX%. by last the Over
higher. products. We goal to in of further quality expect our moving in fiber again to recycle materials drive to the now near be which prices improve future The should China is
in announced executing last first been XXXX when we focused August team the strategy to a XXXX XXXX the out back that we long-term laid our several then Over we which has targets. in financial refreshed street years our in
great This have team. of we targets the is XX, year achieved that financial a of September we all XXXX our in of established by back ahead As one accomplishment now plan. roughly
tackling strengthened programs team. In to that goals align success. our foundation focused compensation new reducing our the and a our reducing right discipline most people right we in we strategy outlined fleet, upgrading on sales focused in had driving foundational a operation, pricing risk, exceptional the August and have of efforts leg our and the of achieved enhanced roles, execution, accountability these Today operational was and discipline the XXXX right the improving the efficiency, ensuring with each early plan. of blocking leverage. next capital our core on we company recycling Underlying with strategy right process and focused have We and
plan our and financial decision have strategic and to With strategy. a guide adjusted XXXX our the we framework focus making provided
core solutions. returns, have creating collection strategies through three and been within working Our these our focus exceptionally we additional and continue well to landfill to profitability value operations, areas, incremental resource in increasing plan key driving
In new focus, improving addition, introduced G&A cost capital with growth. and two smart allocating areas reducing of de-levering efficiencies to balance and we’ve
points percentage of a more to a to revenue cost set drive invest G&A have XXX XXXX reorganize growth. and by to by our goal profitable reduce We basis resources importantly long-term and XX our to as intelligently
ramping up efforts Over we've technology the IT back-office to platform slowly but been two increase systems our last our sales drive and our and efficiencies. surely improve force years effectiveness
believe our a of XX% we're range implementing a the fixed of Oracle a of Microsoft technology our the areas NetSuite and successfully free these are to systems, implemented we pipeline. and five ERP size, our and flow adoption in a taken number our of position focused already in platform plan process dynamic in on CRM year improving XX% system the have including unique between price that given implementation opportunities we in contract. per steps have nimbleness We cash year grow our core under and We financial operating the
last three our to focusing cash the years our all debt interest our down high debt to flows excess costs. paying refinance of almost Over allocated efforts on to while we've cost lower
our lowered reduced interest leverage debt We are times. have rates X.XX and we we've dramatically now in our where a position to
repaying on continue investments As pursue we strategic allocation our solely such, approach within to to growth strategy we balanced reducing operations. we've our adjusted focus focused core where debt on leverage capital but acquisitions - a focus also selectively and to will will
several delever. and focused assets. that million in that to resources. and and focus we've Northeast above returns integration, Over on or or acquisition be or financial immediately implemented key path our of developed strategically we’ve in reinvigorate generate either purchase with total acquisitions per financial months year. acquisition on have completed to last with direct to newly adopted to our delevering a will could holding our the synergies. per Southbridge framework targeted for G&A X% a strategy, year framework existing our synergies XX XXX targets. targeted for and up, in vertical our a follows; next development acquisitions plan our enhance of acquisition X markets at Year-to-date development there the multiples XX resources the tuck-ins three drive the XXXX organic the that of at growth We're Wrapping from opportunity fast over returns integrated acquisitions We've and capital, $X.X X% flows roughly We've bigger million and cost believe be revenue online activity million closure synergies well after is operational internal operating be operations We of including development could begun our pipeline over to to or times of cash recognize million headwind years. price is two as
disciplined of activity will this adhere activity up it. and Normalized and to expect between flow cash hurdles over bank more will We we per over X leverage flow year we to it XX% by opportunistic X.XX free EBITDA. And with I’ll to ramp to time million capital growth Ned. XX% generating debt plan cash XX budget period Acquisitions strictly be a to target of normalized development process. with and Total return don't than baseline the per of targeted times year and of XXXX. or that,
