Record Customer Satisfaction
Achieved a record 100% green customer scorecards for quality and service for the second quarter, indicating operational excellence and effective use of digital tools.
Outstanding Safety Performance
Achieved a world-class safety performance with a total incident rate of 0.26, well below the benchmark of 0.47, and 44 plants maintaining a perfect safety record.
Cost Optimization Success
Manufacturing and purchasing teams delivered $25 million in savings, with an additional $4 million in year-over-year savings from restructuring and headcount optimization.
New Business Awards
Awarded $77 million in net new business during the second quarter, highlighting strong customer trust and operational capabilities.
Financial Performance Improvement
Adjusted EBITDA increased by more than 23% to $62.8 million compared to the previous year, with a 170 basis point margin expansion.
Positive Outlook and Guidance
Raised full-year guidance for adjusted EBITDA and on track to achieve positive free cash flow for the full year.