Golden Cariboo Res Ltd

Good morning and welcome to GCC's second quarter 2024 earnings conference results, earnings results conference call. Before we begin, I would like to remind you that this call is being recorded and that all participants will be in a listen-only mode. Please also note that a slide presentation accompanies today's webcast. The link is available on the company's IR website at gcc.com. I would now like to turn the call over to Sahori Agushi, head of investor relations. Please go ahead.

Good morning, everyone, and thank you for joining me. With me today are Mr. Enrique Escalante, our Chief Executive Officer, and Mike Strecker, Chief Financial Officer. The earnings release detailing this quarter's results was released yesterday after market close and is available on GCC's IR website. This conference call is also being broadcast live within the Investors section at gcc.com. and both the webcast replay of the call and transcript will be available on the same site approximately one hour after the end of today's call. Before we begin, I would like to remind you that our remarks today will include forward-looking statements. Actual results may differ materially from those contemplated by this forward-looking statement. Factors that could cause these results to differ materially are set forth in yesterday's press release and in our quarterly report file with the Mexican Stock Exchange. Any forward-looking statements that we make on this call are based on assumptions as of today, and we undertake no obligation to update this statement as a result of new information or future events. With that, let me now turn the call over to Enrique.

Thank you, Saori. Good morning, and thank you for joining today's call. We're pleased with our second quarter performance. particularly in light of what has become a dynamic and complex demand environment. Certain aspects of GCC's results were not in line with our expectations for the quarter, as sales for the second quarter of 2024 decreased by 1%. However, thanks mostly to our flexible fuel mix strategy and cost and expense management, we were able to increase our year-on-year EBITDA by 1%. Importantly, we delivered a 31.1% EBITDA margin for the second quarter, with benefit of our continued consistent throughout the organization. This morning, I will begin my remarks with an update on GCC's progress related to our three strategic pillars, our people, profit, and planet. I will then turn to our key markets before passing it over to Mike, who will go into more depth on our second quarter financial results.