AZZ Inc.

Good day and welcome to the AZZ incorporated quarter three full year earnings conference call and webcast. All participants will be in listen only mode. Should 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 touch tone phone. To withdraw your question, please press star then two. Please note this event is being recorded. I would now like to turn the conference over to Philip Cooper with three-part advisors. Please go ahead.

Good morning. Thank you for joining us today to review AZZ's third quarter fiscal 2026 results for the period ended November 30th, 2025. Joining the call today are Tom Ferguson, President and Chief Executive Officer, Jason Crawford, Chief Financial Officer, and David Nark, Chief Marketing, Communications, and Investor Relations Officer. After today's prepared remarks, we will open the call for questions. Please note, the live webcast for today's call can be found at www.azz.com forward slash investor dash events. Before we begin, I would like to remind everyone that our discussion today will include forward-looking statements made in accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. By their nature, forward-looking statements are uncertain and outside the company's control. Except for actual results, ACZ's comments containing forward-looking statements may involve risks and uncertainties, some of which are detailed from time to time in documents filed by ACZ with the Securities and Exchange Commission, including the latest annual report on Form 10-K. These statements are not guarantees of future performance. Therefore, undue reliance should not be placed upon them. Actual results could differ materially from these expectations. In addition, today's call will discuss non-GAAP financial measures, which should be considered supplemental, not as a substitute for GAAP financial measures. We refer shareholders to our reconciliations from GAAP to non-GAAP measures contained in today's earnings press release. I would now like to turn the call over to Tom Ferguson.

Thank you, Philip. Thank you all for joining us today, and Happy New Year. After I provide a brief overview of our results and an update on what we are seeing across our segments, Jason will cover AZZ's detailed financial results, and Dave will discuss industry dynamics across our end markets. First, let me share a couple of important milestones. We achieved record sales of $426 million in the third quarter, surpassing any quarter in our company's history. And we had a record high trailing 12-month adjusted EBITDA of $358 million, These financial results reflect our unwavering commitment to execute on our discipline strategy that focuses on driving growth and creating shareholder value. This quarter, we maintained our cash dividend of 20 cents per share, marking 63 consecutive quarters of consistently returning capital to our shareholders through cash dividends. Now, turning to our third quarter results, we grew total sales by 5.5% and generated a robust adjusted EBITDA of more than $91 million. Metal coatings delivered an exceptional quarter, with sales rising 15.7% year over year, fueled by higher volumes and strong demand from infrastructure projects. Segment EBITDA margins of 30.3% reflect an increased mix of larger projects in electrical, solar, and transmission and distribution work, which tend to be more price competitive. Pre-gum metals delivered sequential improvement over the prior quarter, though sales were down 1.8% year over year. This was primarily the result of continued softness in construction, HVAC, and transportation markets. Meanwhile, food and beverage container demand reached new record highs, driven by new customer acquisitions and market share gains. This trend further underscores the accelerated shift from plastics to aluminum, which aligns with the ongoing ramp-up at our new Washington, Missouri facility. Overall, the increase in market demand was driven by growth in infrastructure modernization, energy transition, and industrial reshoring along with data center construction, integrated LNG power generation, and renewable energy projects. These market sectors depend on galvanized steel and coated materials, areas where AZZ offers unmatched scale, coating solutions expertise, and exclusive technologies to deliver exceptional value to our customers. Our diversified portfolio positions us uniquely to seize project opportunities across multiple end markets. Dave will share more details on this in a moment. We continue to emphasize AZZ's proprietary ERP platform as a core differentiator within our business model. Our digital galvanizing system and coil zone platforms deepen customer relationships and reinforce our competitive moat while providing durable returns on invested capital. Operationally, the systems are margin enhancing through higher throughput, improved yields, better zinc utilization, improved administrative and production efficiencies, and increased customer connectivity. Importantly, these benefits are achieved with limited incremental capital, making our technology investments highly accretive to ROIC while also reducing waste and supporting more sustainable operations. Subsequent to quarter end, Avail completed the sale of a majority interest in its welding solutions business, which they refer to as WSI. The transaction creates value for shareholders and further simplifies Avail's portfolio. Our joint venture partner remains focused on completing additional divestitures with only the Regalite and a small portion of international WSI business left. With that, I will turn it over to Jason.