Hubbell Inc

Good morning, and thank you for standing by. Welcome to the second quarter 2023 Hubbell Incorporated Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you will need to press star 11 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 11 again. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Dan Ennamorato, Vice President of Investor Relations. Please go ahead.

Thanks, Michelle. Good morning, everyone, and thank you for joining us. Earlier this morning, we issued a press release announcing the results for the second quarter of 2023. Press release and slides are posted to the investor section of our website at hubble.com. We're joined today by our Chairman, President, and CEO, Gerben Bakker, our Executive Vice President and CFO, Bill Sperry. Please note our comments this morning may include statements related to the expected future results of our company. Our forward-looking statements is defined by the Private Securities Litigation Reform Act of 1995. Therefore, please note the discussion of forward-looking statements in our press release and consider it incorporated by reference into this call. Additionally, comments may also include non-GAAP financial measures. These measures are reconciled with the comparable gap measures that are included in the press release and slides.

Now let me turn the call over to Gerben. Great. Good morning, everyone, and thank you for joining us to discuss Hubble's second quarter 23 results. Hubble delivered another strong quarter of financial results. Our favorable position in attractive markets enabled us to achieve 6% organic growth, which combined with improved productivity and supply chain dynamics to drive significant and margin expansion in the quarter. Solid execution through the first half of 2023 and good visibility to continued strength in our businesses give us the confidence to raise our full-year outlook again this morning. In addition to the strong financial results, we continue to improve our service levels to customers. Hubbell's investments in capacity, innovation, and supply chain resiliency are enabling increased sequential output and improved lead times. Looking ahead, we expect grid modernization and electrification to continue to drive elevated demand for Hubbell's critical infrastructure solutions, both in front and behind the meter. We will continue to make the investments into our business to support this growth in the second half of 23 and beyond. Before I turn it over to Bill to give you more insights on the performance in the quarter, I would like to introduce our two new segment presidents. You will recall from our press release a few weeks ago that we announced Alan Connolly's retirement from Hubbell after 10 years of leading Eclaire and in recent years our combined utility solution segment. Alan's strategic vision and passion for innovation played a critical role in accelerating the segment's organic growth profile, and I'd like to thank him for his many contributions to Hubbell as well as strong financial performance for our shareholders. I'm excited to share that we've appointed a very talented successor in Greg Gumbs to lead Hubbell Utility Solutions moving forward. Greg has a strong track record of leadership and performance in the utility, electrical, and automation industries over his career, and his skill set is well-suited to help us further our growth ambitions across utility components, communications, and controls. I've gotten to know Greg over the past year and believe he will integrate quickly and effectively within the organization. His focus will be on driving profitable growth by building on a strong core foundation while innovating and expanding in attractive adjacency. I'm also excited to announce the appointment of Mark Mikes to lead Hubbell Electrical Solutions. Mark is a long-tenured Hubbell leader with a proven track record of performance and operational executions most recently in leading Hubbell Power Systems. The strong results of that business over the last several years speaks for itself. Some of you will know Mark from our investor days over the past few years, and he was a key partner to me when I led the utility business. He played a critical leadership role in our efforts to unify a broad portfolio of acquired utility businesses under an integrated business and power systems, organized to compete collectively with a simplified operating structure. As we continue our multi-year journey to execute a similar playbook in HES, Mark is well suited to drive sustained improvement in the segment long-term growth and margin profile. Both Greg and Mark are well supported by experienced and talented leadership teams, and I am confident they will continue to execute on our core strategy together and deliver consistently differentiated performance for our customers and shareholders. With that, let me turn it to Bill here to walk you through the financial performance in the quarter.