Cost-Saving InitiativesCost-saving measures and operational improvements are expected to benefit the company, with potential for increased efficiency.
Debt ManagementLeverage still high, but declining, with net debt to EBITDA leverage standing at 3.9x, down from 4.2x last quarter and on track for ~3.5x at year-end.
LeadershipA CEO announcement establishes permanent leadership and cost/capex savings are supporting margins and improving FCF conversion.