EXP - Eagle Materials Inc. (EXP) Q4 2024 Earnings Call Transcript
2024-05-24 18:01:09 ET
Eagle Materials Inc. (EXP)
Q4 2024 Earnings Call Transcript
May 21, 2024, 08:30 AM ET
Company Participants
Michael Haack - President and CEO
Craig Kesler - CFO
Conference Call Participants
Trey Grooms - Stephens
Stanley Elliott - Stifel
Brent Thielman - D.A. Davidson
Anthony Pettinari - Citi
Jerry Revich - Goldman Sachs
Adam Thalhimer - Thompson Davis
Phil Ng - Jefferies
Presentation
Operator
Good day, everyone, and welcome to Eagle Materials Fourth Quarter and Fiscal 2024 Earnings Conference Call. This call is being recorded. At this time, I'd like to turn the call over to Eagle's President and Chief Executive Officer, Mr. Michael Haack. Mr. Haack, please go ahead, sir.
Michael Haack
Thank you, Jamie. Good morning. Welcome to Eagle Materials conference call for our fourth quarter and fiscal year 2024. This is Michael Haack. Joining me today are Craig Kesler, our Chief Financial Officer, and Alex Haddock, Senior Vice President of Investor Relations, Strategy and Corporate Development. There will be a slide presentation made in connection with this call. To access it, please go to eaglematerials.com and click on the link to the webcast. While you're accessing the slides, please note that the first slide covers our cautionary disclosure regarding forward-looking statements made during this call. These statements are subject to risks and uncertainties that could cause results to differ from those discussed during the call. For further information, please refer to this disclosure, which is also included at the end of our press release.
Let me start out today by simply saying thank you. More specifically, thank you to our employees who made fiscal year 2024 a safe, productive year, working diligently to produce industry-leading quality products for our customers. Thank you to our customers who support our local operations daily and use the materials we produce to make America better. Thank you to our investors that believe in the value that Eagle bring -- Eagle Materials brings to society. Without each of you, I would not be able to report on yet another year of record financials, benchmark safety statistics, and excellent operational performance at Eagle Materials.
First, let me take a minute to comment on the most -- our most valuable asset, our people. Our results are dependent on our employees. At Eagle, we are dedicated to continuously developing our people and ensuring they understand their role with respect to health, safety, and the environment. In this regard, I'm happy to report that we were able to sustain our below industry total recordable and lost time incident rates across all four of our businesses. Our work on safety will not be complete until we achieve zero. We will continue to focus on leading indicators, as highlighted by our 35% increase in near miss, hazard observations since 2021 to drive change and create an even safer workplace....
Eagle Materials Inc. (EXP) Q4 2024 Earnings Call Transcript