Superior Plus Corp.

Good day, and thank you for standing by. Welcome to the Superior Plus fourth quarter 2023 results conference call. At this time, all participants are in a listening mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you will need to press star 11 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 11 again. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Adam Kernick, Director of Corporate Finance and Investor Relations. Please go ahead.

Thank you, Shannon. Good morning, everyone, and welcome to Superior Plus conference call and webcast to review our 2023 fourth quarter and full year results. On the call today are Alan MacDonald, President and CEO, Greer Coulter, CFO, and Curtis Philippon, EVP at Superior Plus and President of Certaris. For this morning's call, Alan and Greer will begin with their prepared remarks, and then we will open up the call for questions. Listeners are reminded that some of the comments made today may be forward-looking in nature and are based on Superior's current expectations, estimates, judgments, projections, and risks. Further, some of the information provided refers to non-GAAP measures. Please refer to Superior's continuous disclosure documents available on CDAR+, and Superior's website for further details. Dollar amounts discussed on today's call are expressed in Canadian dollars unless otherwise noted. I'll now turn the call over to Alan.

Thanks, Adam. Let me start by saying just how proud I am to be speaking with all of you today about Superior Plus. Over the past three quarters, I've been speaking with you about our priorities and our vision for Superior Plus. We stated categorically that we were transitioning away from growth through acquisition and towards organic growth through operational excellence. We spoke to you about the importance of having the right team in place to lead Superior Plus. The team makes all the difference. Smart, skilled and inspired leaders will always find a way to evolve to new models and deliver sustainable growth. We told you we value the relationships with our customers. And we would be focusing on building a bigger base of profitable customers, challenging traditional ways of doing business, delivering incremental growth and profitability from our existing businesses, all while continuing to reduce our costs and improve returns from our capital investments. Well, in Q4, I'm proud to say we made progress on all these fronts. The strength of our team, our focus on operational excellence, and challenging ourselves to reduce costs. Transforming a company as complex as Superior is a journey, and it takes time to see the fruits of our labor. But thanks to the hard work and commitment of the entire team, we're making progress every day. And we believe we have a very sustainable strategy. As you'll see in our 2024 outlook, the propane division is capable of delivering very consistent returns. With our renewed focus on operational excellence and having put the right team in place, We're confident we'll deliver growth in propane while generating strong cash flow. The addition of Soteris in 2023 created a new engine for growth for Superior Plus. And with the integration behind us, we are more focused than ever on building this business. As we look forward to 2024, we're optimistic that Soteris will continue to demonstrate its potential to become a significant competitor in an emerging and quickly growing segment. With all that we accomplished in 2023, Superior Plus has undergone a significant transformation. And today, Superior stands as one of the best physician companies in the industry. So let me offer a few comments about our Q4 results before I hand things over to Greer. The underlying strength of our propane business was seen in our strong Q4 results. Despite record warm temperatures across North America, our propane divisions managed to post consistent financial returns. This is a testament to the hard work and commitment of our local teams, the stability of our customer base, good management of customer churn, and investing our resources wisely. I'm very proud of our team, and I applaud their commitment to our focus on operational excellence. In Q4, Soteris continued to execute well on its growth strategy with an impressive 21% growth in EBITDA versus Q4-23. Having reached a new high of 729 MSUs at the end of the quarter, Soteris is well positioned for a successful 2024. The team very effectively balanced demand and MSU utilization, while at the same time staying on strategy, investing in new high-growth segments like RNG and expanding beyond the wealth side with capital investments. So with that, let me turn things over to Greer to walk you through Q4 and provide some thoughts on 2024.