ASH - Ashland Inc. (ASH) Q2 2024 Earnings Call Transcript
2024-05-01 16:04:11 ET
Ashland Inc. (ASH)
Q2 2024 Results Conference Call
May 1, 2024 09:00 AM ET
Company Participants
William Whitaker - Vice President of Finance and Director of Investor Relations
Guillermo Novo - Chair and Chief Executive Officer
Kevin Willis - Senior Vice President and Chief Financial Officer
Conference Call Participants
Michael Sison - Wells Fargo
Laurence Alexander - Jefferies
David Begleiter - Deutsche Bank
Chris Parkinson - Wolfe Research
Josh Spector - UBS
John Roberts - Mizuho
Mike Harrison - Seaport Research Partners
John McNulty - BMO
Presentation
Operator
Good day, and thank you for standing by. Welcome to the Ashland Inc. Second Quarter 2024 Earnings Conference Call. [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. William Whitaker, Vice President of Finance and Director of Investor Relations. Please go ahead.
William Whitaker
Thank you, Daniel. Hello, everyone, and welcome to Ashland's Second Quarter Fiscal Year 2024 Earnings Conference Call and Webcast. My name is William Whitaker, Vice President of Finance and Director of Investor Relations. Joining me on the call today are Guillermo Novo, Ashland Chair and Chief Executive Officer; and Kevin Willis, Senior Vice President and Chief Financial Officer.
Ashland released results for the quarter ended March 31, 2024, at approximately 5:00 p.m. Eastern time yesterday, April 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.
Please turn to Slide 2. As a reminder, during today's call, we will be making forward-looking statements on several matters, including our financial outlook for our third quarter and full year fiscal 2024. 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 do not believe any such statements are based -- 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 of Ashland on an adjusted basis, which are non-GAAP financial measures.
We refer to these measures as adjusted and present them to supplement your understanding and assessment of the financial performance of our ongoing business. Non-GAAP measures should not be considered as a substitute for or superior to financial measures calculated in accordance with GAAP. The most directly comparable GAAP measures, as well as reconciliations of the non-GAAP measures to those GAAP measures are available on our website and in the appendix of today's slide presentation.
Please turn to Slide 3. Guillermo will begin the call this morning with an overview of Ashland's performance and results in the second quarter. Next, Kevin will provide a detailed review of financial results for the quarter, followed by commentary related to Ashland's outlook for our third quarter and full year fiscal 2024. Guillermo will then provide an update related to Ashland's strategic priorities, and then we will open your line for questions.
Please turn to Slide 5. I will now turn the call over to Guillermo for his opening comments. Guillermo?...
Ashland Inc. (ASH) Q2 2024 Earnings Call Transcript