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home / news releases / SUM - Summit Materials Inc. (SUM) Q1 2024 Earnings Call Transcript


SUM - Summit Materials Inc. (SUM) Q1 2024 Earnings Call Transcript

2024-05-02 16:08:08 ET

Summit Materials, Inc. (SUM)

Q1 2024 Results Conference Call

May 02, 2024 12:00 PM ET

Company Participants

Andy Larkin - Vice President, Investor Relations

Anne Noonan - Chief Executive Officer

Scott Anderson - Chief Financial Officer

Conference Call Participants

Stanley Elliott - Stifel

Trey Grooms - Stephens

Anthony Pettinari - Citi

Garik Shmois - Loop Capital Markets

Adam Thalhimer - Thompson

Kathryn Thompson - Thompson Research

Phil Ng - Jefferies

Brent Thielman - D.A. Davidson

David MacGregor - Longbow Research

Jerry Revich - Goldman Sachs

Presentation

Operator

Hello, everyone, and welcome to Summit Materials Inc. First Quarter 2024 Earnings Call. Please note that this call is being recorded. I'd now like to hand over to Andy Larkin. Please go ahead.

Andy Larkin

Hello, and welcome to the Summit Materials First Quarter 2024 Results Conference Call. Yesterday afternoon, we issued a press release detailing our financial and operating results. Today's call is accompanied by an investor presentation and a supplemental workbook highlighting key financial and operating data. All of these materials can be found on our Investor Relations website.

Management's commentary in response to questions on today's call may include forward-looking statements, which, by their nature, are uncertain and outside of Summit Materials' control. Although these forward-looking statements are based on management's current expectations and beliefs, actual results may differ in a material way. For a discussion of some of the factors that could cause actual results to differ, please see the Risk Factors section of Summit Materials' latest annual report on Form 10-K and quarterly report on Form 10-Q, as updated from time to time in our subsequent filings with the SEC. You can find reconciliations of the historical non-GAAP financial measures discussed in today's call in our press release.

I am pleased to be joined by Summit Materials' CEO, Anne Noonan; and CFO, Scott Anderson. Anne will begin today's call with a business update. Scott will then review our financial performance before turning the call back to Anne to conclude our prepared remarks with an updated discussion on our 2024 outlook. Afterwards, we will open the line for questions. [Operator Instructions] With that, let me turn the call over to Anne.

Anne Noonan

Thank you, Andy, and thanks to everyone joining us on today's call. I'm incredibly proud and pleased to report that our 2024 year is off to a remarkable start with early progress across all dimensions, including safety. Safety is a core value for all Summit employees. From day 1 of our integration with Argos USA, we have efficiently transitioned towards a common set of metrics and goals enterprise-wide. We now have a shared language and governance system established so that we can effectively measure ourselves and work together towards our goal of a zero harm culture while consistently delivering industry-leading safety performance....

For further details see:

Summit Materials, Inc. (SUM) Q1 2024 Earnings Call Transcript
Stock Information

Company Name: Summit Materials Inc. Class A
Stock Symbol: SUM
Market: NYSE
Website: summit-materials.com

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