Increased Net Sales
Net sales increased by 4.6% to $358.2 million, primarily driven by $24.9 million from the acquisition of UW Solutions and strong organic growth in Performance Surfaces.
Strong Cash Flow
Generated strong cash flow with net cash provided by operating activities of $57.1 million compared to $58.7 million in the prior year.
Services Segment Growth
The services segment delivered its sixth consecutive quarter of year-over-year net sales growth, with sales increasing by 2.5% primarily due to higher volume.
Performance Surfaces Organic Growth
Performance services net sales increased with strong organic growth of 18.6%, primarily from improved retail channel distribution.