AMG Critical Materials N.V.

Good day, everyone, and welcome to today's AMG Q2 2024 earnings conference call. At this time, all participants are in a listen-only mode. Later, you will have an opportunity to ask questions during the question-and-answer session. You may register to ask a question at any time by pressing star 1 on your telephone keypad. Please note that this call may be recorded and I will be standing by should you need any assistance. It is now my pleasure to turn today's call over to Head of Communications, Michelle Fisher. Please go ahead.

Welcome to AMG's second quarter 2024 earnings call. Joining me on this call are Dr. Hein Schimmelbusch, the Chairman of the Management Board and Chief Executive Officer, Mr. Jackson Donnell, the Chief Financial Officer, Mr. Eric Jackson, the Chief Operating Officer, and Mr. Michael Connor, the Chief Corporate Development Officer. AMG's second quarter 2024 earnings press release issued yesterday is on AMG's website. Today's call will begin with a review of the second quarter 2024 business highlights by Dr. Schimelbusch. Mr. Conner will comment on strategy. Mr. Dunkel will comment on AMG's financial results. And Mr. Jackson will discuss operations. At the completion of Mr. Jackson's remarks, Dr. Schimelbusch will comment on outlook. We will then open the call to take your questions. Before I pass the call to Dr. Schimelbusch, I would like to expressly refer you to our statement on forward-looking statements and the meaning thereof, as we have used at all previous occasions and we will use at this earnings call, and which will explanatory statement has been published as part of our financial presentation and on our website, all in connection with this earnings call. I will now pass the floor to Dr. Schimelbusch, AMG's Chairman of the Management Board and Chief Executive Officer.

Thank you, Michel. The second quarter 2024 adjusted EBITDA of 39 million reflects the success of our strategic positioning and the diversified critical materials business model, enabling us to navigate market volatility effectively. Aerospace continues to be a source of growth, with AMG Engineering securing $90 million order intake in the second quarter, and a June 30th order backlog of 310 million. Additionally, AMG Chrome, AMG Graphite, and AMG Antimony all performed well compared to the second quarter last year. And it is noteworthy that every operating unit at AMG was profitable in the second quarter of 2024. I now come to growth opportunities. And to speak about our growth initiatives, I have the pleasure to introduce our newest management board member, Mike Connor, who was voted in our annual general meeting in May with a nearly anonymous approval for appointment. He is AMG's chief corporate development officer managing all the AMG's strategic approaches, and we will speak on corporate strategy going forward. Mike.