Milestones Adjusted Ebitda was $340 million compared to $345 million previously, against a backdrop of inflation and supply chain disruptions. CEO David Shaffer (pictured) said key milestones achieved in fiscal 2022 included the launch and UL safety listing of EnerSys' NexSys lithium ion batteries. Shaffer said the company had also exceeded its capacity goal for its proprietary TPPL technology, where demand, he said, "continues to outpace our ability to supply". "We expect to benefit further from the strength of this demand as we make progress toward increasing capacity by an additional $200 million in fiscal 2023." On March 9, the EnerSys board announced a $150 million stock repurchase authorization, ahead of launching the company's inaugural sustainability report on April 29.