Alamo Group, Inc.

Good morning, and welcome to the Alamo Group's first quarter 2025 conference call. All participants will be on listen-only mode. If you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star, then one, on a test phone phone. To withdraw your question, please press star, then two. Please note, this event is being recorded. I would now like to send the conference over to Edward Luguti, Executive Vice President, Corporate Development, Investor Relations, and Secretary. Please go ahead.

Thank you. Right now, you should have all received a copy of the press release. However, if anyone is missing a copy and would like to receive one, please contact us at 212-827-3746, and we will send you a release and make sure you are on the company's distribution list. There will be a replay of the call, which will begin one hour after the call and run for one week. The replay can be accessed by dialing 1-877-344-7529 with passcode 3570057. Additionally, the call is being webcast on the company's website at www.alamo-group.com and your replay will be available for 60 days. On the line with me today are Jeff Lennard, President and Chief Executive Officer, and Agnes Camps, Executive Vice President and Chief Financial Officer. Management will make some opening remarks, and then we will open up the line for your questions. During the call today, management may reference certain non-GAAP numbers in their remarks. Reconciliations of the non-GAAP results to applicable GAAP numbers are included in the attachment to our earnings release. Before turning the call over to Jeff, I would like to make a few comments about forward-looking statements. We will be making forward-looking statements today that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in future periods to differ materially from forecasted results. Among those factors which could cause actual results to differ materially are the following. Adverse economic conditions which could lead to a reduction in overall market demand, supply chain disruptions, labor constraints, competition, weather, seasonality, currency-related issues, geopolitical events, and other risk factors listed from time to time in the company's SEC reports. The company does not undertake any obligation to update the information contained herein, which speaks only as of this date. I would now like to introduce Jeff Leonard. Jeff, please go ahead.

Thank you, Ed. We want to thank everyone who has joined us on the conference call today and express our appreciation for your continued interest in Alamo Group. Our results for the first quarter were broadly aligned with our expectations. The industrial equipment division again produced strong results as demand from governmental agencies and contractors remained quite strong. The vegetation management division's results improved sequentially as cost reduction actions taken in the second half of 2024 improved profitability and as rising order bookings began to indicate a modest market recovery. I would now like to turn the call over to Agnes who will take us through a review of our financial results for the first quarter. I will then provide additional comments on the results and say a few words about the outlook for the second quarter. Following our formal remarks, we look forward to taking your questions. Agnes, please go ahead.