Industrial Metals Firm (CMC) This autumn 2024 Earnings Name Transcript

Industrial Metals Firm (NYSE:CMC) This autumn 2024 Earnings Name Transcript October 17, 2024 10:00 AM ET

Firm Contributors

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

Convention Name Contributors

Sathish Kasinathan – Financial institution of America
Katja Jancic – BMO Capital Markets
Timna Tanners – Wolfe Analysis
Tristan Gresser – BNP Paribas Exane
Phil Gibbs – KeyBanc Capital Markets

Operator

Hiya, and welcome, everybody, to the Fourth Quarter and Fiscal 12 months 2024 Earnings Name for CMC. Becoming a member of me on right now’s name are Peter Matt, CMC’s President and Chief Govt Officer; and Paul Lawrence, Senior Vice President and Chief Monetary Officer. Right now’s supplies, together with the press launch and supplemental slides that accompany this name, could be discovered on CMC’s Investor Relations web site. Right now’s name is being recorded. [Operator Instructions] After the corporate’s remarks, we could have a question-and-answer session, and we’ll have a couple of directions at the moment.

I want to remind all contributors that in the course of the course of this convention name, the corporate will make statements that present data apart from historic data 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 might trigger precise outcomes to vary materially from these expectations. These statements mirror the corporate’s beliefs primarily based on present circumstances however are topic to sure dangers and uncertainties, together with these which might be described within the danger components and forward-looking statements sections of the corporate’s newest filings with the US Securities and Change Fee, together with the corporate’s newest Annual Report on Kind 10-Okay. Though these statements are primarily based on