2/22/2023

speaker
Charlie
Operator

Good morning ladies and gentlemen and welcome to the Univar Solutions fourth quarter and full year 2022 earnings conference call. My name is Charlie and I'll be your operator today. Currently all participants are in a listen only mode. After the presentation we will conduct a questions and answer session. Instructions will be provided at the time. If at any time during the conference call you need to reach an operator please press star followed by zero. I'll now turn the meeting over to your host for today's call, Heather Koss, Vice President of Investor Relations and Communications at Univar Solutions. Heather, please go ahead.

speaker
Heather Koss
Vice President of Investor Relations and Communications, Univar Solutions

Thank you and good morning. Welcome to Univar Solutions' fourth quarter and full year earnings call and webcast. Joining our call today are David Jukes, President and Chief Executive Officer, and Nick Alexos, Executive Vice President and Chief Financial Officer. Last night, we released our financial results for the fourth quarter ended December 31st, 2022, and posted to our corporate website at univarsolutions.com a supplemental slide presentation to go with today's call. The slide presentation should be viewed along with the earnings release, which has also been posted on our website. During this call, as summarized on slide 2, we will refer to certain non-GAAP financial measures for which you can find the reconciliations to the most directly comparable GAAP financial measure in our earnings release and the supplemental slide presentation, which also includes additional information regarding our use of non-GAAP financial measures. As referenced on slide 2, we will make statements about our estimates, projections, outlook, forecasts, and or expectations for the future. All such statements are forward-looking, and while they reflect our current estimates, they involve risks and uncertainties and are not guarantees of future performance. Please see our SEC filings for a more detailed summary of the risks and uncertainties inherent in our business and our expectations for the future. With that, I'll now turn the call over to David for his opening remarks.

speaker
David Jukes
President and Chief Executive Officer, Univar Solutions

Thank you, Heather, and good morning, good afternoon, and good evening to everyone, and thanks for joining our call. The record results we achieved in 2022 demonstrate our successful transformation and the solidifying of our position as a leading value-added service and solution provider, meeting the needs of customers across a diverse range of end markets, from healthcare to nutrition to electronics and many, many more. I am immensely proud of the tireless efforts of my colleagues who, throughout the year, continue to put the customer at the center of all we do to deliver both organic and inorganic growth. We've delivered over a billion dollars in adjusted EBITDA and returned over $400 million to shareholders during the year as we execute on a capital allocation strategy balanced between share repurchases, acquisitions, and investments for sustainable growth. We're confident in the foundations we built for long-term success and believe we're in a strong position to deliver sustainable shareholder value while fulfilling our purpose and commitments to our people and our communities. Now let me hand it over to Nick. He'll talk you through our Q4 and four-year results, and we'll also discuss our guidance and assumptions for 2023. Nick?

Disclaimer

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.

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