AZZ Inc.

Good day and welcome to the AZZ fiscal 2027 first quarter results conference call. All participants will be in a 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, Managing Director of Three-Part Advisors. Please go ahead.

Good morning. Thank you for joining us today to review AZZ's fiscal 2027 first quarter results for the period ended May 31st, 2026. 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 that the live webcast for today's call is available 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, AZZ's comments containing forward-looking statements may involve risks and uncertainties, some of which are detailed from time to time in documents filed by AZZ with the Securities and Exchange Commission, including the latest annual report on Form 10-K and quarterly reports on Form 10-Q. 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 and 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. Good morning, everyone, and thank you for joining us today. We appreciate your interest in AZZ and the opportunity to discuss our first quarter fiscal 2027 results. We are off to a strong start. For the first quarter, we delivered record sales in both segments, generated solid cash flow, maintained a strong balance sheet, announced raising our dividend, and raised our full year guidance. These results reflect the strength of our strategy, the durability of our end markets, and the continued execution of our teams. Our results consistently reflect our ability to convert demand into high-quality, profitable growth. We continue to leverage our market leadership positions in both metal coatings and pre-coated metals to expand earnings and generate robust cash flow while investing strategically to extend our competitive advantages. In metal coatings, we're investing in added capacity where demand supports attractive returns. In North Texas, for instance, we successfully commissioned a new large kettle to meet growing regional demand for hot dip galvanizing, effectively doubling our capacity at Crowley, Texas. This low-risk, high-return investment supports growing customer demand and strong market fundamentals. David will discuss U.S. end-market demand in more detail in just a moment. Additionally, a key element of our growth strategy is identifying innovative ways to grow share and deepen customer partnerships. One example of this is a vertically integrated manufacturer who chose to partner with AZC to divest its non-core galvanizing operation to reduce complexity and cost. As part of this agreement, we acquired their galvanizing kettle and zinc, providing them with immediate cash liquidity while securing a long-term service agreement. We believe this de-verticalization model creates value for our customers while delivering long-term revenue streams for AZZ. We view this as a scalable blueprint for future partnerships. At Preco Metals, our Washington, Missouri facility continues to ramp production as planned. We remain on track to reach targeted utilization with our strategic partner while actively seeking the commercialization of the remaining capacity. The facility is approaching an expected contribution margin levels for this year and performance with our partner in this beer and beverage-related container category has been very encouraging. Across both segments, our focus remains clear. Increase share of wallet, capture incremental market share, and deploy capital into high-confidence organic and inorganic growth opportunities. These investments drive operational efficiencies and position us to deliver sustained long-term growth. Underlying all this progress and momentum are our structural advantages that differentiate AZZ, including our proprietary technologies. In metal coatings, our digital galvanizing system drives consistency, efficiency, and data-driven decision-making at scale. In pre-code metals, CoilZone enhances customer visibility with real-time insights that improve throughput and enable benchmarking across our footprint. These digital capabilities are not just operational tools, they are scaled strategic assets that strengthen customer relationships, improve execution, and are forming the basis for utilizing AI to improve customer intimacy, fine tune pricing decisions, and support operating efficiency improvements and sustainability. Looking ahead, we remain confident in our ability to execute on our strategic priorities, winning in our markets, deploying capital with discipline, investing in high-value capacity expansion, delivering superior customer service, and leveraging AZZ's differentiated capabilities. Collectively, these efforts position us to drive profitable growth, enhance shareholder value, and reinforce our leadership across our end markets. With that, I will turn it over to Jason.