Catalent, Inc. (NYSE:CTLT) Q4 2023 Earnings Conference Call August 29, 2023 8:15 AM ET

Company Participants

Paul Surdez - Vice President, Investor Relations

John Greisch - Executive Chair, Board

Alessandro Maselli - President and CEO

Matti Masanovich - Senior Vice President and CFO

Conference Call Participants

Tejas Savant - Morgan Stanley

David Windley - Jefferies

Jacob Johnson - Stephens

Jack Meehan - Nephron Research

Sean Dodge - RBC Capital Markets

John Sourbeer - UBS

Justin Bowers - Deutsche Bank

Derik De Bruin - Bank of America

Max Smock - William Blair

Rachel Vatnsdal - J.P. Morgan

Tim Daley - Wells Fargo

Operator

Good morning, ladies and gentlemen. And welcome to the Catalent Incorporation Fourth Quarter Fiscal Year 2023 Earnings Conference Call. My name is Glen. I will be the operator of today’s call. At this time, all participants will be in a listen-only mode. [Operator Instructions]

I will now hand you over to your host, Paul Surdez, Vice President of Investor Relations to begin. Paul?

Paul Surdez

Good morning, everyone. And thank you for joining us today to review Catalent’s fourth quarter 2023 financial results. Joining me on the call are John Greisch, Executive Chair of the Board; Alessandro Maselli, President and Chief Executive Officer; and Matti Masanovich, Senior Vice President and Chief Financial Officer.

During our call today, management will make forward-looking statements and refer to non-GAAP financial measures. It is possible that future results could differ from management’s expectations.

Please refer to slide two of the supplemental presentation available on our Investor Relations website at investor.catalent.com for a discussion of risks and uncertainties that could cause actual performance or results to differ from what is suggested by those forward-looking statements and slides three and four for a discussion of Catalent’s use of non-GAAP financial measures.

Please also refer to Catalent’s fiscal 2022 Form 10-K/A and third quarter fiscal 2023 Form 10-Q for additional information on the risks and uncertainties that may bear on our operating results, performance and financial condition.

Now I would like to turn the call over to John Greisch for some brief opening remarks which are covered on slide five.

John Greisch

Thank you, Paul. Good morning and thank you for joining us. As I am sure you have seen by now, we issued two press releases this morning, our preliminary fourth quarter earnings release and the release announcing several initiatives reflecting our ongoing commitment to strong corporate governance and shareholder value creation, including the appointment of four new independent directors to the Board, two of whom were nominated by Elliott.