begin Thanks, I'll X Slide on for our our joining thanks, the second Joanne, with everyone, and quarter call today results. review highlights. to
growth. operational XX% through enabling as the production challenging capabilities margin with with compared an us and delivered momentum lower pressures. while well in testament team per to our to as to this our of Our year, performance expansion, manage and inflationary both content growth prior leadership continuing is continuing XX% volatility X% environment volumes, incredibly successfully team results, strong strength, our a by in wheel the highlighted revenue growth EBITDA excellent This growth
with cost and and cost are fronts, customers executing recoveries, our capital X earnings, working the for several position on collaborate reduced solutions us trends with cash by substantially enabled the during details Further, quarter suppliers demand growth to strengthened production working to of enterprise. have despite improvements a Slide continued drive wheels, solid the quarter. teams reduction operational while actions, and second secular inflationary throughout content our debt the combined industry Our flows in addition industry management in financial premium deliver historic enabled our continuing to achieve on to long-term growth, $XXX low net and in region million. strong volumes. These
stronger mild chain North in a we supply versus point and to actually industry challenges. in saw production America Europe continued a prior recovery sequential While recovery year, in comps
ability in in increasing an actually market over growth average first XXXX, to the to Our trajectory it equated growth itself of growth to has focus long-term has not portfolio has on innovative sustained demand out, products developing This manifesting and meet Due for record premium to over continued play profitable been growth. market. over of necessarily technologies to but XXXX outperformance on a sales. Actually, X% sustain annual XX% XXXX, market since over the half have to specific, combined our first heightened in delivered an be value-added the flat signifies and, market basis. growth of half these we levels of early our linear,
environment. to our Slide operating current to address on Moving X
remained the ongoing of depressed on challenges on due the the side slide. to industry noted left the production first noted As slide, have levels
inventory demand once have business earnings well-positioned low is half industry and for the compared slight remains first down half seen of Although industry period dealer to forward said, XXXX, versus we and consumer tailwinds here have underway. growth recovery for to continued our have of the a same year the That significantly the us in first shown left production propel pent-up XXXX. improvement substantial
on I'll address Slide Moving road our X. map. value creation to
am deliver to on I excellence. operational of how personally continues First, team Superior our proud
the cash efficiencies delivering production and face of managing continued We flow quality volatility. outstanding are in
continuous We $X our savings gaining are are further continuing our provide company, commercial in will with reductions to tracking efforts on drive enterprise recoveries. cost color really this improvement million later. reductions on Tim continuous customers is this our as on year, instituted have important and as throughout to executing Equally good cost Actually, business. well momentum. we discipline cost our the collaborating improvement implementing
health cost first focused in stated the to increased recoveries. which has step I but customers meeting, self-help As some of good use share expect plants. of are. our their they example here prior sales inflationary the And initiatives, of also recycled of A we on in are is to continued XX% now in for we our executing our fair initiatives aluminum,
Second, now strategy has finishes our portfolio to deliver growth footprint. our leveraging leveraging larger expanded focus profitable actually wheels executing by our and local lighter our local of for with premium on to
per portfolios. as the competitive advantage enabling X%. long highlights customers with as collective seek as Slide ones. in shipments, logistics content derisk sales while expansion substantially continued competitive win Despite as have in a wheel to driven a chains wheel is of the a out and commercial X discipline margin adoption localize well Our by of well speak from I our standpoint. to results new as existing grow and we will year-over-year cost our XX% net with presentation to per supply manufacturing and as growing EBITDA playing this product decline how by advantage footprint us later is the customers
are aerodynamics premium and growing product technologies. premium recent launches of and one our growth continued adoption diversity premium confidence Our breadth to Slide recent to of and base our technologies operating opportunities in these us XX in finishes, example. that of our highlights a standard reflect ahead ability Lucid wheels, almost about are continue larger constrained lie production launches, lightweight, launches a team's The becoming continued and Volvo a the results the our customer environment. business. deliver in normalized These environment, in the portfolio of the gives enormous
have the consistently stated I previously, our continuing actually stated to we to and move market is space. As
Moving on XX. to Slide
recent a competitive to to advantage, local operating key particularly mentioned supply our OEMs mitigate headwinds. chains has long I footprint As in years, derisk earlier, local as become look for
manufacturing in located are where strategically customers the global regions same facilities our operate. Our
is for by our This $XXX looking supplier. long-term will footprint local the million local North in in Here, OEMs benefiting challenges, supply over now import Japanese solution to looking next slide and outside looking to are especially customers as are a as supply win OEM a starting lifetime actually revenue looking highlights They're their bring lifetime X.X region year. million from partnerships with chain we OEMs operating for long to existing new who recognized how in-region derisk substantial us. a to chains. A This and new us being wheels. America wheels
is We manufactured are supply Pros excited wheels. for Wheel America distributor U.S. of to largest also in our in Pros first announce locally the North aftermarket partnership aftermarket with the Wheel
Moving on year XXXX now full outlook. to Slide XX. address I will our
half second more of IHS as versus first in impact production challenges a the the we to half. production volumes view have expect vehicle outlook current industry OEM in sorry, We conservative chain the -- to supply continue
are will and rate, [indiscernible] we continue expecting euro such, guidance. and line reflect expectation to unit impact be of lowering volume Specifically, as the to we market challenged. are the with In the believe exchange we elements growth. industry flat that production of our European to mid-single-digit And the
operating tough thank will With EBITDA to am work to narrowing over and are value of range, quarter turn we a the guidance. midpoint the In performance in our I Heading positioning the closing, for Tim. hard to into remain and to our look While in progress I pleased shareholders. our commitment forward like with call would success we their Superior to very the confident achieved the the we this environment. while generating in year, original continuing delivering very that, we Tim? further for for teams