More than eighteen months have passed since the start of the pandemic that fundamentally reshaped the way we live, work and socialize. And although the world is still grappling with its impacts, Exco continues to forge ahead strongly.
We remain encouraged with our overall results for the year having demonstrated good progress on a number of fronts. While overall industry conditions have clearly softened, our diverse portfolio of businesses remain exceptionally well positioned to capitalize on opportunities we see within our various market niches.
Our exceptional cash generating ability and solid balance sheet remain unquestionably intact. With these characteristics, it can be no surprise that we remain very optimistic about our prospects in the years ahead.