... in 2022 and heightened risks in 2023, we forecast Fortna will continue to reduce its high adjusted leverage. Our forecast for year-end 2022 S&P Global Ratings'- adjusted leverage is now in the high-8x area, compared with around 7x previously, largely because of operating challenges in 2022 caused by a parcel customer's retraction of work. This had a material impact on margins and cash flow given the up-front investment required to ramp inventory and labor in preparation for the work. We believe this retraction was a somewhat unique situation specific to one customer following its aggressive buildout and subsequent pullback in capacity, and we are not incorporating further meaningful project retractions in our base case. While adjusted leverage is higher than our prior forecast, we expect Fortna will grow its S&P Global Ratings-adjusted EBITDA base and reduce leverage over the next few quarters. We are forecasting 2023 revenue will be flat...
