This conference call transcript was computer generated and almost certianly contains errors. This transcript is provided for information purposes only.EarningsCall, LLC makes no representation about the accuracy of the aforementioned transcript, and you are cautioned not to place undue reliance on the information provided by the transcript.
11/3/2022
Good morning and welcome to the Air Products fourth 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. Simon Moore.
Thank you, Simon. Good morning, everyone. Welcome to Air Products fourth quarter 2022 earnings results teleconference. This is Simon Moore, Vice President of Investor Relations, Corporate Relations, and Sustainability. I'm pleased to be joined today by Sethi Ghasemi, our Chairman, President, and CEO, Dr. Samir Serhan, our Chief Operating Officer, Melissa Schaefer, our Senior Vice President and Chief Financial Officer, Sean Major, our Executive Vice President, General Counsel, and Secretary, and Sid Mandeshwar, our Vice President and Corporate Treasurer. After our comments, we'll be pleased to take your questions. Our earnings release and the slides for this call are available on our website at airproducts.com. This discussion contains forward-looking statements. Please refer to the forward-looking statement disclosure that can be found in our earnings release and on slide number two. In addition, throughout today's discussion, we will refer to various financial measures. Unless we specifically state otherwise when we refer to earnings per share, EBITDA, EBITDA margin, the effective tax rate, and ROCE both on a total company and segment basis, we are referring to our adjusted non-GAAP financial measures, adjusted earnings per share, adjusted EBITDA, adjusted EBITDA margin, adjusted effective tax rate, and adjusted return on capital employed. 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, I'm pleased to turn the call over to Safey.
Thank you, Simon, and good day to everyone. Thank you for taking time from your busy schedule to be on our call today. I am extremely proud to say that Air Products, with grit and determination, has again made great progress this year despite macroeconomic headwinds. We exceeded our financial goals, had great results, and at the same time reached many key milestones that significantly advance our growth strategy. I would like to thank each one of our talented, dedicated and motivated employees at Air Products for their exceptional efforts. I'm proud to be working alongside them as they continue to deliver strong near-term results as well as executing our long-term strategy. Before I discuss our results, I would like to share some good news. In his opening comments, Simon mentioned that Mr. Sid Manjeshwar is joining us on our call today. In addition to Sid's existing responsibilities as our corporate treasurer, he will also be taking on the additional responsibility for leading our investor relations team. As we shared last quarter, Simon is planning to retire at the end of March 2023. For the next few months, Simon and Sid will be working closely together to ensure a smooth transition. Sid brings a breadth of knowledge and expertise across finance disciplines, And since joining Air Products in April of 2021, he has played a key role in supporting our financial policies and strategies. I know he will be an exceptional and excellent resource for our investors and analysts as we continue to communicate and execute our growth strategy. Seth, congratulations from all of us, and would you like to say something at this stage?
You're reading a preview of the APD Q4 2022 earnings call.
Free account.
