Worthington Steel, Inc.

Thank you for standing by. My name is Krista and I'll be your conference operator today. At this time, I would like to welcome everyone to the Worthington Steel's fourth quarter 2024 earnings conference call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you'd like to ask a question during that time, simply press star followed by the number one on your telephone keypad. And if you would like to withdraw that question, again, press star one. Thank you. I will now like to turn the conference over to Melissa Dystra, Vice President of Communications and Investor Relations. Melissa, you may begin.

Thank you, Operator. Good morning and welcome to Worthington Steel's fourth quarter fiscal year 2024 earnings call. On our call today, we have Jeff Gilmore, Worthington Steel's President and Chief Executive Officer. Jeff Klingler, Executive Vice President and Chief Operating Officer, and Tim Adams, Vice President and Chief Financial Officer. Before we get started, I'd like to note that certain statements made today are forward-looking within the meaning of the 1995 Private Securities Litigation Reform Act. These statements are subject to risks and uncertainties that could cause actual results to differ from those suggested. We issued our earnings release yesterday after the market closed. Please refer to it for more detail on those factors that could cause actual results to differ materially. Unless noted, as reported, today's discussion will reference non-GAAP financial measures which adjust for certain items included in our GAAP results and which are presented on a standalone basis. You can find definitions of each non-GAAP measure and GAAP to non-GAAP reconciliations within our earnings release. Today's call is being recorded, and a replay will be made available later today on WorthingtonSteel.com. Now I'd like to turn the call over to Jeff Gilmore.

Thanks, Melissa, and thanks to everyone who is joining today's call. It is a good morning here at Worthington Steel. We saw solid results in Q4 and finished fiscal year 2024 strong. Our performance and our people continue to demonstrate that Worthington Steel is a unique steel processor poised for significant growth. Our ability to deliver value-added solutions to our customers in flat-rolled steel processing, electrical steel laminations, and tailor-welded products is unique to our industry. Our goal is to continue our distinctive positioning by offering processes that are truly differentiating, positioning us to maintain and gain leadership in the areas we serve. As we enter fiscal year 2025, our first full year as a standalone company We remain focused on executing our strategy and driving shareholder value through organic growth and strategic M&A. We believe our strategy and differentiation help ensure we are well positioned to grow and deliver strong return for our shareholders. We have achieved a great deal in just six months as Worthington Steel, but we know we have much to accomplish. With the Worthington business system embedded in everything we do, We will work to execute our strategy of focused investments in the rapidly growing electrical steel market, which is growing faster than GDP, margin accretive growth through disciplined CapEx and selective acquisitions, and transformation, our system of continuous improvement to increase margins, reduce working capital, and add capacity. Our enhanced leadership focus created by the separation is the driving accountability and organizational alignment around our vision and status as one of the most trusted, most innovative, and most value-added metals processing partners in North America and beyond. Essential to continuing as a market leader is our strong culture. Earlier this month, we celebrated Founders Day, marking John H. McConnell's first order of steel. As we look to our 70th year in 2025, the philosophy Mr. Mack voiced and embodied is alive and well here at Worthington Steel. We continue to treat our customers, employees, investors, and suppliers as we would like to be treated. Examples of our award-winning culture and our philosophy in action are evident in several milestones we achieved this quarter. We were named a top workplace in our headquarter city of Columbus, Ohio, for the 12th year in a row. This is an award based on feedback from our employees, so that makes winning even more special to me. Our Worthington Samuel Coil Processing Joint Venture was named Company of the Year for 2023 by the Cleveland Chapter of the Association of Women in the Metals Industry for supporting growth and advancement of women in the Cleveland metals industry. In April, we were named a John Deere Partner Level Supplier for the 12th consecutive year. That same month, we were recognized as the 2023 Supplier of the Year by General Motors. This is the third time in the last four years we've earned this distinction. Both of these honors are from longtime customers who value Worthington Steel's proactive, solution-focused way of doing business. Our dedication to helping our customers create value every single day continues to pay off. I'd like to recognize and thank Worthington Steel's 4,600 employees who support our customers live our philosophy and help us achieve our vision. I am excited about the progress we've made and the opportunities in front of us. We continue to deliver on our commitment to advance our industry through partnership with our customers and suppliers. We have the right team and the best culture to help us continue generating a return for our shareholders. It is a great time to be in steel processing. As customer needs grow ever more unique, the demand for the products and services we offer will continue to expand. I'll now turn things over to Jeff Klingler to comment on our operations.