Matthews International Corporation (NASDAQ:MATW) Q4 2022 Earnings Conference Call November 18, 2022 9:00 AM ET

Company Participants

Bill Wilson - Senior Director of Finance & Corporate Development

Joe Bartolacci - President & CEO

Steven Nicola - CFO

Conference Call Participants

Daniel Moore - CJS Securities

Liam Burke - B. Riley

Justin Bergner - Gabelli Funds

Operator

Greetings, and welcome to the Matthews International Corporation Fourth Quarter and Fiscal Year 2022 Financial Results. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.

I would now like to turn the conference over to your host, Mr. Bill Wilson, Senior Director of Finance and Corporate Development for Matthews International Corporation. Thank you. You may begin.

Bill Wilson

Thank you, Melissa. Good morning, everyone, and welcome to the Matthews International fourth quarter and fiscal year-end 2022 conference call. This is Bill Wilson, Senior Director of Finance and Corporate Development. With me today are Joe Bartolacci, President and Chief Executive Officer; and Steve Nicola, our Chief Financial Officer.

Before we start, I would like to remind you that our earnings release was posted on our website, www.matw in the Investors section last night. The presentation for our call can also be accessed in the Investors section of the website. In addition, as a reminder, beginning in the first quarter of fiscal 2022, the company transferred surfaces and engineering products business from the SGK Brand Solutions segment to the Industrial Technologies segment, prior period results reflect this new segmentation.

Any forward-looking statements in connection with this discussion are being made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Factors that could cause the company's results to differ from those discussed today are set forth in the company's annual report on Form 10-K and other periodic filings with the SEC.

In addition, we'll be discussing non-GAAP financial metrics and encourage you to read our disclosures and reconciliation tables carefully before you consider these metrics. In connection with any forward-looking statements and non-GAAP financial information, please read the disclaimer included in today's presentation materials located on our website.

And now I'll turn the call over to Joe.

Joe Bartolacci

Thank you, Bill. Good morning. I’m going to apologize in advance, we've got a bit of a head cold this morning. So if I have to break and clear my throat you understand. But going forward, we are pleased with our fiscal '22 results. Despite the continued headwinds that we faced, we exceeded the high end of our revised guidance that was adjusted at the beginning of the third quarter due to the economic impact on our European businesses stemming from the conflict in Ukraine.