Business Metals Firm (CMC) Q3 2024 Earnings Name Transcript

Business Metals Firm (NYSE:CMC) Q3 2024 Earnings Name Transcript June 20, 2024 11:00 AM ET

Firm Contributors

Peter Matt – President and CEO
Paul Lawrence – SVP and CFO

Convention Name Contributors

Sathish Kasinathan – Financial institution of America
Tristan Gresser – BNP Paribas
Curt Woodworth – UBS
Katja Jancic – BMO Capital Markets
Timna Tanners – Wolfe Analysis
Alex Hacking – Citi

Operator

Howdy, and welcome everybody, to the Third Quarter Fiscal 2024 Earnings Name for CMC. Becoming a member of me on right this moment’s name are Peter Matt, CMC’s President and Chief Government Officer; and Paul Lawrence, Senior Vice President and Chief Monetary Officer. At the moment’s supplies, together with the press launch and supplemental slides that accompany this name may be discovered on CMC’s Investor Relations web site. At the moment’s name is being recorded. After the corporate’s remarks, we may have a question-and-answer session, and we may have just a few directions at the moment.

I want to remind all members that through the course of this convention name, the corporate will make statements to offer info apart from historic info and can embrace expectations concerning financial circumstances, results of laws, US metal import ranges, development exercise, demand for completed metal merchandise, the anticipated capabilities, advantages and timeline for development of latest services, the corporate’s operations, the corporate’s strategic progress plan, the corporate’s future outcomes of operations, monetary measures and capital spending. These and different comparable statements are thought-about forward-looking and will contain sure assumptions and hypothesis and are topic to dangers and uncertainties that would trigger precise outcomes to vary materially from these expectations. These statements replicate the corporate’s beliefs based mostly on present circumstances however are topic to sure dangers and uncertainties, together with these which might be described within the threat elements and forward-looking statements part of the corporate’s newest filings with the US Securities and Trade Fee, together with the corporate’s newest annual report on Type 10-Okay. Though these statements are based mostly on

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