EnPro Industries Inc. (NYSE:NPO) Q1 2022 Earnings Conference Call May 2, 2022 8:30 AM ET

Company Participants

Eric Vaillancourt - President, Chief Executive Officer

Milt Childress - Executive Vice President, Chief Financial Officer

James Gentile - Vice President, Investor Relations

Conference Call Participants

Jeff Hammond - Keybanc Capital Markets

Steve Ferazani - Sidoti

Ian Zaffino - Oppenheimer

Justin Bergner - Gabelli Funds

Operator

Hello and welcome to the EnPro first quarter 2022 earnings call and webcast. At this time, all participants are in a listen-only mode. A question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star, zero on your telephone keypad. As a reminder, this conference is being recorded.

It is now my pleasure to turn the call over to James Gentile, Vice President of Investor Relations. Please go ahead, James.

James Gentile

Thank you Kevin, and good morning everyone. Welcome to EnPro’s first quarter 2022 earnings conference call. I will remind you that our call is being webcast at enproindustries.com, where you can find the presentation that accompanies this call.

With me today is Eric Vaillancourt, our President and Chief Executive Officer, and Milt Childress, Executive Vice President and Chief Financial Officer.

Before we begin today’s discussion, a friendly reminder that we will be making forward-looking statements on this call that are not historical facts and that are considered forward-looking in nature. These statements involve a number of risks and uncertainties, including impacts from the pandemic and related governmental responses and their impact on the general economy, as well as other risks and uncertainties that are described in our filings with the SEC, including our most recent Form 10-K.

Also during this call, we will reference a number of non-GAAP financial measures. Tables reconciling these measures to the comparable GAAP measures are included in the appendix to the presentation materials. We do not undertake any obligation to update these forward-looking statements.

Please note that during this call, we will be providing full year guidance which excludes changes in the numbers of shares outstanding, impacts from future acquisitions, dispositions and related transaction costs, restructuring costs, incremental impacts from inflation, geopolitical variables including the conflict in Ukraine, sanctions and trade tensions on market demand, and costs subsequent to the first quarter, the impact of foreign exchange rate changes subsequent to the end of the first quarter, increases in interest rates differing from assumptions outlined in guidance, impacts from further spread of COVID-19 or other variants, and environmental and litigation charges.