Loar Holdings Inc.

Ladies and gentlemen, thank you for standing by. Our conference will be getting started momentarily. Please continue to hold. Once again, our conference will be getting started momentarily. Please continue to hold. We do thank you for your patience. Thank you. I'm just gonna call the doctor. Greetings, and welcome to the Lore Holdings, Inc. Second Quarter 2024 Earnings Conference Call and Webcast. At this time, all participants are in listen-only mode. If anyone requires operator assistance, please press star zero on your telephone keypad. There will be a question and answer session following the formal presentation. You may press star one at any time to be placed in the question queue. As a reminder, this conference is being recorded. It's now my pleasure to introduce your host, Ian McKillop, Investor Relations. Please go ahead, Ian.

Thank you, and welcome to the Lohr Holdings 2024 Second Quarter Earnings Conference Call. Presenting on the call this morning are Lohr's Chief Executive Officer and Executive Co-Chairman, Dirksen Charles, Executive Co-Chairman, Brett Milgram, Chief Financial Officer and Treasurer, Glenda Alessandro, as well as myself, Ian McKillop, the Director of Investor Relations. As a reminder, please visit our website at LoRaGroup.com to obtain a supplemental slide deck and call replay information. Before we begin, we at LoRa would like to remind you that the statements made during this call, which are not historical in fact, are forward-looking statements. For further information about important factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, please refer to our website for the latest filings with the SEC, available at SEC.gov. We'd also like to advise you that during the course of the call, we will be referring to adjusted EBITDA, adjusted EBITDA margin, and adjusted earnings per share, each of which is a non-GAAP financial measure. Please see the tables and related footnotes in the earnings release for the presentation of the most directly comparable GAAP measure and applicable reconciliation. I will now turn the call over to Dirksen.

Thanks, Ian. Good morning to our partners, analysts, and those hearing our story for the first time. I am Dirksen Charles, founder, CEO, and co-chairman of Law. As this is our second earnings call as a public company, let me outline our approach for these calls. We believe that your time is valuable, and as such, we'll keep our remarks as brief as possible to allow the analysts the majority of the hour we have allocated to ask questions to ensure that we are focused on the things that matter to you. So let us start by reminding you all of who we are. Law is a family of companies with a very simple approach to creating shareholder value. First, we believe that by providing our business units an entrepreneurial and collaborative environment to advance their brands, we will generate above-market growth rates. Since our inception in 2012, through the end of calendar year 2023, we have grown sales and adjusted EBITDA at a compound annual growth rate of 38% and 46% respectively. We collaborate across business units by sharing best practices and ideas while assisting each other when it comes to execution. We execute along four value streams. We identify pain points within the aerospace industry and look to solve those problems through organically launching new products, which we believe over the long term will create one to three percentage points of top line growth. We focus on optimizing the way we manufacture go to market, and manage our companies to enhance productivity. Each year, we will identify initiatives that will allow us to continually improve our performance with a focus on one or two major initiatives each year that will improve margins. We also, each year across our portfolio of companies, will achieve more price than inflation. Again, margin improvements. Most importantly, we are committed to developing and improving the talent of all our employees because our success is solely a result of their dedication and commitment. To all my mates, a big, big, big thank you for your commitment and hard work. I'll now turn the call over to Brett to walk you through our key characteristics of our portfolio.