Darling Ingredients Inc. (NYSE:DAR) Q3 2022 Earnings Conference Call November 9, 2022 9:00 AM ET

Company Participants

Suann Guthrie - Vice President, IR, Sustainability & Global Communications

Randall Stuewe - Chairman & Chief Executive Officer

Brad Phillips - Chief Financial Officer

John Bullock - Chief Strategy Officer

Sandra Dudley - Executive Vice President, Renewables & US Specialty Operations

Conference Call Participants

Adam Samuelson - Goldman Sachs

Derrick Whitfield - Stifel

Tom Palmer - JPMorgan

Ken Zaslow - Bank of Montreal

Operator

Good morning, and welcome to the Darling Ingredients Inc. Conference Call to discuss the company's Third Quarter 2022 Results. After the speakers' prepared remarks, there will be a question-and-answer period, and instructions to ask a question will be given at that time. Today's call is being recorded.

I would now like to turn the call over to Ms. Suann Guthrie. Please go ahead.

Suann Guthrie

Good morning and thank you for joining the Darling Ingredients Third Quarter 2022 Earnings Call. Here with me today are Mr. Randall C. Stuewe, Chairman and Chief Executive Officer; Mr. Brad Phillips, Chief Financial Officer; Mr. John Bullock, Chief Strategy Officer; and Ms. Sandra Dudley, Executive Vice President of Renewables and US Specialty Operations.

There is a slide presentation available on the Investors page under the Events and Presentations on our corporate website. During this call, we will be making forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations and assumptions that are subject to risks and uncertainties.

Actual results could materially differ, because of factors discussed in yesterday's press release, and the comments made during this conference call, and the Risk Factors section of our Form 10-K, 10-Q and other reported filings with the Securities and Exchange Commission. We do not undertake any duty to update any forward-looking statements.

Now, I will call over to Randy.

Randall Stuewe

Thanks, Suann. Good morning, everybody, and thanks for joining us for our third quarter 2022 earnings call. Darling Ingredients reported a strong third quarter financial results. This was created by our more than 14,000 employees around the globe. I'm so proud of the Darling Ingredients family, particularly those who are new to us from Op de Beeck, Valley Proteins and the FASA Group.

In August, I took our Board of Directors to visit several of our new facilities that came with the Valley Proteins acquisition. I cannot be more proud of the dedication, pride and transparency I saw from our new Darling employees, as they work hard to integrate into our business.