2024-08-01 11:48:05 ET
Air Products and Chemicals, Inc. (APD)
Q3 2024 Earnings Conference Call
August 1, 2024 8:30 AM ET
Company Participants
Sidd Manjeshwar - Vice President, Investor Relations
Seifi Ghasemi - Chairman, President and Chief Executive Officer
Eric Guter - Investor Relations
Melissa Schaeffer - Chief Financial Officer
Conference Call Participants
John McNulty - BMO Capital Markets
Jeff Zekauskas - JPMorgan
Vincent Andrews - Morgan Stanley
David Begleiter - Deutsche Bank
Chris Parkinson - Wolfe Research
Duffy Fisher - Goldman Sachs
Salvator Tiano - Bank of America
Mike Leithead - Barclays
Mike Sison - Wells Fargo
John Roberts - Mizuho
Josh Spector - UBS
Patrick Cunningham - Citi
Dan Rizzo - Jefferies
Presentation
Operator
Good morning and welcome to Air Products Third Quarter Earnings Release Conference Call. Today's call is being recorded at the request of Air Products. Please note that this presentation and the comments made on behalf of Air Products are subject to copyright by Air Products and all rights are reserved.
Beginning today's call is Mr. Sidd Manjeshwar.
Sidd Manjeshwar
Thank you, Samira. Good morning, everyone. Welcome to Air Products' third quarter 2024 earnings results teleconference. This is Sidd Manjeshwar, Vice President of Investor Relations. I am pleased to be joined today by Seifi Ghasemi, our Chairman, President, and CEO; Melissa Schaeffer, our Chief Financial Officer; Sean Major, our Executive Vice President, General Counsel and Secretary; and Eric Guter, our Incoming Head of Investor Relations.
After our comments, we will be pleased to take your questions. Our earnings release and the slides for this call are available on our website at airproducts.com. Today's discussion contains forward-looking statements, including those about earnings and capital expenditure guidance, business outlook, and investment opportunities. Please refer to the cautionary note regarding forward-looking statements that is provided in our earnings release and on slide number two.
Additionally, throughout today's discussion, we will refer to various financial measures including earnings per share, operating income, operating margin, EBITDA, EBITDA margin, the effective tax rate and ROCE, both on a total company and segment basis. Unless we specifically state otherwise, statements regarding these measures are referring to our adjusted non-GAAP financial measures. Reconciliations of these measures to our most directly comparable GAAP financial measures can be found on our website in the relevant earnings release section.
Now, with that, I'm pleased to turn the call over to Seifi.
Seifi Ghasemi
Thank you, Sidd, and good day to everyone. Thank you for taking time from your busy schedules to join our call today. Before I discuss our results, I would like to introduce Eric Guter, who is with us today. Eric has been with the company for nearly 30-years, most recently serving as our Vice President of Hydrogen for Mobility. He will bring a wealth of knowledge and experience to Investor Relations. I'm happy that he has agreed to take on this new challenge.
Eric, would you like to say a few words?
Eric Guter
Thank you, Seifi. I appreciate your kind words, and I'm humbled and honored to be part of this tremendous team and to be taking on this new role within Air Products. Looking forward to meeting with our analysts and investors and continuing the great work, Sidd and the team have done as we continue to execute our growth strategy....
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Air Products and Chemicals, Inc. (APD) Q3 2024 Earnings Call Transcript