Valmont Industries, Inc. (NYSE:VMI) Q4 2022 Earnings Conference Call February 23, 2023 9:00 AM ET

Company Participants

Renee Campbell - Senior Vice President, Investor Relations & Treasurer

Steve Kaniewski - President & Chief Executive Officer

Avner Applbaum - Executive Vice President & Chief Financial Officer

Conference Call Participants

Chris Moore - CJS Securities

Brian Drab - William Blair

Jon Braatz - Kansas City Capital

Adam Farley - Stifel

Operator

Greetings and welcome to the Valmont Industries Inc. Fourth Quarter and Full Year 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. We ask that you please limit yourself to one question and one brief follow-up question and return to the queue. [Operator Instructions] Please note that this conference is being recorded.

I will now turn the conference over to your host, Renee Campbell, Senior Vice President, Investor Relations and Treasurer. Ms. Campbell, you may begin.

Renee Campbell

Thank you and good morning. Welcome to Valmont Industries fourth quarter and full year 2022 earnings call. With me today are Steve Kaniewski, President and Chief Executive Officer; Avner Applbaum, Executive Vice President and Chief Financial Officer; and Gene Padgett, who joined Valmont as Senior Vice President and Chief Accounting Officer this past October.

This morning, Steve will provide a brief summary of our fourth quarter and full year results, commenting on our markets and long-term business strategy. Avner will review our financial performance and provide our current outlook and indications for 2023, with closing remarks from Steve. This will be followed by Q&A.

A live webcast of the presentation will accompany today's call and is available for download from the webcast or on the investors' page at valmont.com. A replay will be available on our website later this morning.

Please note that this call is subject to our disclosure on forward-looking statements, which applies to today's discussion, is outlined on slide two of the presentation and will be read in full at the end of today's call.

I would now like to turn the call over to our President and Chief Executive Officer, Steve Kaniewski.

Steve Kaniewski

Thank you, Renee. Good morning, everyone, and thank you for joining us. Our fourth quarter was a great finish to what has been one of the best years in Valmont's history. I'm very pleased with our tremendous performance in delivering a record year of sales and profitability, as we improve margins and achieve key milestones across our businesses. It is certainly a great time to be a part of Valmont.