Adjusted EBITDA Growth
Adjusted EBITDA grew by 6% in the third quarter, reaching $208 million, which was towards the upper end of the guidance range.
European and North American Revenue Growth
Revenue in Europe increased by 9% to $625 million and in the Americas by 8% to $803 million, driven by volume growth and higher input costs pass-through.
Sustainability Progress
Achieved a 10% reduction in Scope 1 and 2 emissions and a 14% reduction in Scope 3 emissions compared to a 2020 baseline.
Robust Liquidity and Financial Position
Ended the quarter with over $600 million in liquidity and a net leverage ratio decline to 5.2x, with expectations to reduce further by year-end.