Carlisle Companies Incorporated (CSL) Q1 2022 Earnings Call Transcript

For the period ending March 31, 2022

April 28, 2022 5:00 p.m. ET

Prepared Remarks

Questions and Answers

Call Participants

Prepared Remarks:

Operator

Good afternoon. My name is Selena, and I will be your conference operator today. At this time, I would like to welcome everyone to the Carlisle Companies First Quarter 2022 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, we will conduct a question-and-answer session.

I would like to turn the call over to Mr. Jim Giannakouros, Carlisle's Vice President of Investor Relations. Jim, please go ahead.

Jim Giannakouros

Thank you, Selena. Good afternoon, everyone, and welcome to Carlisle's first quarter 2022 earnings conference call. We released our first quarter financial results after the market closed today, and you can find both our press release and earnings call slide presentation in the Investor Relations section of our website, carlisle.com.

On the call with me today are Chris Koch, Chairman, President and Chief Executive Officer; and Kevin Zdimal, our Chief Financial Officer.

Today's call will begin with Chris updating our progress towards achieving our strategic plan, Vision 2025, highlights of our record first quarter and a discussion of current trends. Kevin will discuss the financial details and updated outlook for 2022. Following Chris and Kevin's remarks, we will open up the line for questions.

Before we begin, please refer to Slide 2 of our presentation, where we note that comments today will include forward-looking statements based on current expectations. Actual results could differ materially from these statements due to a number of risks and uncertainties, which are discussed in our press release and SEC filings.

Carlisle provides non-GAAP financial information. You can find reconciliations between GAAP and non-GAAP measures in our press release, and in the appendix of our presentation materials, which are available on our website.

With that, I will turn the call over to Chris.

Christian Koch

Thank you, Jim. Good afternoon, everyone and thank you for joining us on our first quarter 2022 earnings call. Before we begin, as we mentioned in the press release, we are saddened by the ongoing conflict in the Ukraine, and the impact it is having on so many individuals and families around the world. We hope a quick resolution will come to the situation.

Turning to our quarterly results, I'm pleased to announce Carlisle Companies delivered outstanding performance in what continues to be a very challenging environment. Before reviewing the performance in more detail, I'd like to thank our teams for their extraordinary efforts that drove our record operating results.