ASH - Ashland Inc. (ASH) Q1 2024 Earnings Call Transcript
2024-01-31 16:34:03 ET
Ashland Inc. (ASH)
Q1 2024 Earnings Conference Call
January 31, 2024 9:00 AM ET
Company Participants
Seth Mrozek - Director, Investor Relations
Guillermo Novo - Chair of the Board and Chief Executive Officer
Kevin Willis - Senior Vice President and Chief Financial Officer
Conference Call Participants
David Begleiter - Deutsche Bank
Joshua Spector - UBS Group AG
Mike Harrison - Seaport Research Partners
Jeff Zekauskas - JP Morgan
Laurence Alexander - Jefferies
John McNulty - BMO Capital Markets
Michael Sison - Wells Fargo Securities, LLC
John Roberts - Mizuho
Presentation
Operator
Good day, And welcome to the Ashland Inc. First Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers’ presentation there will be a question-and-answer session. [Operator Instructions] Please be advised that today’s conference is being recorded.
I would now like to hand the conference over to your speaker today, Seth Mrozek. Director of Portfolio Strategy. Please go ahead.
Seth Mrozek
Thank you, Abigail. Hello, everyone, and welcome to Ashland’s first quarter fiscal year 2024 earnings conference call and webcast. My name is Seth Mrozek, Director of Portfolio Strategy for Ashland. Joining me on the call today are Guillermo Novo, Ashland’s Chair and Chief Executive Officer; and Kevin Willis, Senior Vice President and Chief Financial Officer. In addition, I want to welcome William Whitaker, Vice President of Finance and Director of Investor Relations. Following this month’s organization changes to Ashland’s finance, strategy, M&A portfolio team. William and I’ll complete the Investor relations transition following this earnings cycle.
Ashland released results for the quarter ended December 31, 2023 at approximately 5:00 p.m. Eastern Time, yesterday January 30. The news release issued last night was furnished to the SEC in a Form 8-K. During today’s call, we will reference slides that are currently being webcast on our website ashland.com under the Investor Relations section. We encourage you to follow along with the webcast during the call.
As a reminder during today’s call, we will be making forward-looking statements on several matters, including our financial outlook for our second quarter and full year fiscal year 2024 results. These forward-looking statements are subject to risks and uncertainties that could cause future results or events to differ materially from today’s projections. We believe any such statements are based on reasonable assumptions, but cannot assure that such expectations will be achieved.
Please refer to Slide 2 of the presentation for an explanation of those risks and uncertainties and the limits applicable to forward-looking statements. You can also review our most recent Form 10-K under Item 1A for a comprehensive discussion of the risk factors impacting our business. Please also note that we will be referring to certain actual and projected financial metrics on Ashland on an adjusted basis, which are non-GAAP financial measures. We will refer to these measures as adjusted and present them to supplement your understanding and assessment of the financial performance of our ongoing business....
Ashland Inc. (ASH) Q1 2024 Earnings Call Transcript