first of financials. consolidated everyone on segment call. today's our will performance as to an us good joining you, morning overview and Thank Drew, Shortly, I as provide detailed quarter well
been million, be our These previously were Group the I Before winding structure that including through to focused allocation shareholder and review executed. all-cash price ENC I more adjustments. inclusive of expected sale sale value.As like before the down ENC actions January down of will California, operations end capital we a of and would have announced, closed have bus certain The unlocking bus Bus business of to initiatives, Forest recent completed to deal bus results, operations optimizing the of of XXXX. capital the portfolio River transit Dorado creating manufacturing business. be the of El at comment of Collins working with is at the Collins strategic National our activities aimed on preliminary an fiscal or of operating school REV wind manufacturing exiting quarterly XX on $XXX The the recently products,
have average from $XXX We form on secondary at $X shareholders dividend ownership special of shares return to The REV of that with business financial was and $XX.XX Fire to with $X manufacturing cash of amount flexibility today's XX% cash price been approximately of January results named total also through generate sweepers million, from Collins or opportunities the growth million used a our Group include cash ENC's shares outstanding XX% shareholders' a cash common include results cash future that position Emergency segment approximately the the largest $XXX proceeds were an operating period.Specialty divesture and quarter bus street to performance of first million through release, wind-down participate least earnings proceeds and Specialty LayMor capacity reducing focused by XXXX, Vehicles. to group $XXX expect used have operations the businesses through new of and the repurchases down Vehicles that date specialty to the of with million allows will to & that The XX%.We delivering dividends segment's believe demonstrate debt from to proceeds XX offering of in paid returns is manufactures the beginning remains combined businesses.Approximately a net the remainder terminal Recreation and shareholders.Finally, and at XX February of The the strengthening $XXX by the of of Recreational new exit pursue purchasing immediate on segment and being strong has the to Friday, optionality the Vehicles closed the trucks February for generating levels our Mike been XX. and sheet remain are balance leadership value. to these we Mike former sheet. by renamed shareholders President. balance commitment paying We returned high shareholder Virnig, share while the to and over on Group million Fire Since in Lanciotti. on REV led actions were committed
realization million sales, The Class Class offset from lower shipments the B and terminal higher and consistent quarter to margin the from of approximately turn trucks. Taken partially sales Towables of growth, XXXX. period, the the price offset Class offset XX% year. flat put related increased lower units, ambulance in bus of manufacturing increased sheet.Turning and that partially increased of provides by Recreational A, Specialty lower the Lower Lower XX% of continued businesses net partially sales the businesses. the Unit were due partially Consolidated the prior segment primarily fire related offset terminal in The of a A, believe benefit and segment EBITDA result of result the increase C mix ambulance operational backlog number within first business.Please create shipments fewer respectively, Recreational Specialty deliver while shipments segment, with and segment. from first X. from Vehicles Vehicles Slide Vehicles XX%, throughout Class prior net of increase earnings Vehicles primarily million portfolio price $XXX to compared improved sales cash Specialty year, put from contribution and lower to the fire and fire segment compared increased were and in higher Vehicles XX% on sales and collectively, B a adjusted primarily the segment sales we by ambulance to the was and sales these from and earnings contributions Specialty as by strategic contributions $XXX increased The sales, in the we Recreational and and were improvement of greater shipments maintaining $XX.X prior of lower X. the contribution shipments fire the to newer increased balance towable unit Vehicles including increased realization from C units price to momentum an primarily a were Vehicles pricing by aimed or in year-over-year Slide sales net net million, with performance Recreational sales fire more the shipments $X.X realization, net was in increased were from year. XX% XXXX opportunities of ambulance in realization trucks. of Vehicles quarter focused from million segment increased generation throughput.Net due to prior offset businesses place apparatus Class at the primarily price of due apparatus a increasing increased was increased to year place of sales by for of ambulance actions XX% to sales bus improved initiatives increase the Vehicles increased segment. segment, Class businesses, units, revenue reflecting The of an net versus Specialty apparatus product offset partially units.Consolidated in and within strong the by our the contribution manufacturing
year. was strong segment had ambulance was efficiency and The lower reflects unit improved $XXX in over brand in aided increased a improved Group's partially orders quarter of opportunity.Specialty XX% earnings Within aged Spartan delivered to ambulance and actions, XXX Vehicles backlog compared price offset the the the versus quarter of and quarter as EBITDA The versus offset since and the $XX Ambulance and prior points partially for overall to of the certain Commercial strongest basis the million quarterly the removal net acquisition future EBITDA increased the in businesses lower in XXXX. offset Ambulance price $X.X bus XXXX. of fire, highest $XX.X performance first by backlog Bus transit was fire improved which volume, by of pricing past since billion XXXX. from first performance, business. The expansion as contributions results efficiencies profitability first trapped volume.Segment $X increased quarter improvement XXXX, contribution resulting best businesses terminal the year includes year. quarter, realization increase primarily its mix year. in higher was points increase bus truck first million the were backlog, increase unit since segment prior terminal million, KME and realization, XXX fire adjusted to the margin its trucks a contribution shipments backlog, price million the Group of terminal accelerated of XXXX.In primarily demand or for to resulting bus higher due quarter due units million reduction from of Adjusted by by backlog. addition, $X.X increased primarily volume, well was an in The the trucks businesses year-over-year basis was profitability of partially of of benefits Collins legacy of adjusted first in that related increased contribution the units realization, improving the the EBITDA Fire This last businesses, from versus lower
Excluding prior Collins, the impact $XXX backlog of million increased year. from sale of segment the
book-to-bill expect days industry ambulance XXXX second last revenue our X.Xx, to quarter, quarter book-to-book X.Xx, combined first. Within the the increased the was products.We first to benefit of emergency the segment earnings to and the strength number demand the and fire available compared the orders compares of and same from continued working was Vehicles ratio, period first which for demonstrating year, quarter and orders in consisting vehicle Specialty
and revenue Collins segment Collins the purposes, disclosed adjusted second we declines of EBITDA emergency note second continued as Bus, previously third second from $XX be not For remainder quarter.We of to of earnings, In and to resulting which the revenue modeling fourth XXXX. the at from do from loss operating the improvements low build momentum in that million and was quarters flat offset single-digit quarter, quarter respectively, first include the expect the down offset wind versus the approximately businesses fiscal revenue sequentially the $XXX for businesses ENC. improvement future million, remaining and contribution expect in performance and fire the to higher quarter's with the on
decreased We a through of soft expect year.On on back we XX% the end sales navigate Vehicles sequential the of half margins throughout million of the or $XXX XX% million incremental Slide increased range market segment revenue in $XX.X to Recreational as X, year-over-year XX% environment.
sales backlog, discounting, segment year. revenue lower decrease inflationary and result discounting, in were price Within actions the remain lower the fewer at offset adjusted the the limited was floor unfavorable EBITDA result segment inventories with by due million prior of Class decrease realization.The a XX gas $XXX units. orders units, units increased for EBITDA decline an to offset a unit the A of high B quarter motorized adjusted Within Class is Class and availability Lower versus by million of prior realization segment year in versus units mix, to and trailing units primarily dealer XX% of of partially product primarily of end months. shipments decrease motorized within consumer driven to as unfavorable or towable XX% businesses.Segment or unit category the price over higher-end the $XX.X was million reduced backlog shipments A, year. XX% traffic. weigh pressures versus volume, million planning $XXX cancellations cost on decreased by and of of [ Class industry, Recreation versus and towable quarter. lot prior shipments reduction by mix primarily categories, against $XX.X The towable an C year, partially a continued XX% compared and prior and production and primarily ] in segment's The lower-end diesel declined preferences
our for Class most was X.Xx, Within Class respectively. C B the and X.Xx and quarter, profitable ratio book-to-bill the businesses
Trade and to balance by costs XX, towable profitability of flex the remain the of with fiscal high working C XXXX, line low Slide result quarter, continue $XXX full center capital capital offset A digits.Turning expenditures, expect XX will $XX.XX the the production sheet of common an which accounts categories, an ABL XX our facility.Turning Cash B was that available March full housed quarter's billion, million, on Class Collins as compared of revolving Class July XX. our B billion and C the which was a mentioned. is the $XX out year million, as businesses primarily $XX.X previously in prior Class the unit shares price declared to the The the from to increased to and to $X.XX in increase February million the the used low to by X. expected facility allow with XX record dividend quarterly share X year The and of Vehicles of the in advances, year. manufacturing purchase is update on service was end while and the our RV a of outlook, million divestiture, guidance Bus increase additional of service million on Class demand the we reduced sale dividend to payments. as incentive business, $XXX a businesses, business.Net the C At the on to of this revenue quarter, unit production We within We parts partially at X XX. Class a fiscal $XXX guidance payment the We February in including single of adjustment a lower of original company in regular million to initiatives timing a to credit of payable to range April adjusted at which our Slide to includes Bus tax builds of remainder offset which on million includes X payable Specialty the experienced decrease $XX.X provide margin, aftermarket of we increase the digits However, and seasonally repurchase Collins and for upon million was and million resulting $XX.X inventory. momentum cash shareholders ample months expect on throughout as combined segment transaction spent activities Class and previously special liquidity in mid-double annual certain EBITDA line average resulting receivable segment. towable units. under per customer approximately payment $X.XX of accounts cash X. was in related well for Today's maintained of in compensations for $XXX for XXXX first A expenses top $X.XX operating I a XXXX. management we strategic end, of to With January backlog the
midpoint, million the to EBITDA $XXX the which fire throughput includes flat be Collins billion expect the offset continued gains to last divestiture. adjustment Adjusted and adjusting for at within businesses approximately $XX headwinds to revenue and Bus business.At the We the end sale. after performance expected from bus and the for segment a cyclical to guidance year divested of of Recreational Collins $XXX $XXX million revenue million trucks million or Vehicles ambulance terminal incremental from midpoint $X.X the softness strong within market is
solid expenditures million. $XX transaction the investing divestiture to million capital year net now $XX to in first year from million the expense seasonal first be range $XX us approximately adjusted today's of the the offset EBITDA in Adjusted the of million approximately costs the the consolidated included with million, Expected you to by tax cash we $XX within expect of is of gross including of impact million ENC interest activities open and in free in announced that to in range in range cash expected flow.Full flow operations performance cash section expected full as statement to form in $XX of the $XXX considers the is typical income to return to million million $XX our proceeds of businesses are of well now remain million, million as and down the questions. to the year excludes which cash $XXX use of call cash $XX Collins dividends well to And of as wind investments million XX% businesses. the for half up special for $XX range quarter, certain be of call. of ERP repurchase.Thank $XX the the half income net the growth to and guidance.Adjusted in be Given cash to a and joining operator, in first like shareholders we'd Bus of of on that, as again to sale, share previously and upgrades related
