Pactiv Evergreen Inc. (NASDAQ:PTVE) Q4 2022 Earnings Conference Call March 7, 2023 8:30 AM ET

Company Participants

Curt Worthington - Investor Relations & Strategy

Michael King - Chief Executive Officer

Jon Baksht - Chief Financial Officer

Conference Call Participants

Kieran De Brun - Mizuho

Arun Vishwanathan - RBC Capital Markets

George Staphos - Bank of America

Ghansham Panjabi - Baird

Anthony Pettinari - Citi

Adam Samuelson - Goldman Sachs

Ed Brucker - Barclays

Kyle White - Deutsche Bank

Curt Woodworth - Credit Suisse

Operator

Good day, and welcome to Pactiv Evergreen Incorporated Fourth Quarter 2022 Earnings Conference Call. All participants will be in a listen-only mode. [Operator Instructions]. After today's presentation, there will be an opportunities to ask questions. [Operator Instructions]. Please note, this event is being recorded.

I would now like to turn the conference over to Curt Worthington, Vice President, Strategy and Investor Relations. Please go ahead.

Curt Worthington

Thank you, Operator, and good morning, everyone. Thank you for your interest in Pactiv Evergreen, and welcome to our fourth quarter 2022 earnings call. With me on the call today, we have Michael King, President and CEO, and Jon Baksht, CFO. Please visit the Events section our Investor Relations website at www.pactivevergreen.com and access our supplemental earnings presentation. Management's remarks today should be heard in tandem with reviewing this presentation.

Before we begin our formal remarks, I would like to remind everyone that our discussions today will include forward-looking statements, including but not limited to statements regarding our guidance for 2023. These forward-looking statements are not guarantees of future performance, and actual results could differ materially from those contemplated by our forward-looking statements. Therefore, you should not put undue reliance on those statements. These statements are also subject to numerous risks and uncertainties that could cause actual results to differ materially from what we expect. We refer all of you to our recent SEC filings, including our annual report on Form 10-K for the year ended December 31, 2022 for more detailed discussion of those risks. The forward-looking statements we make on this call are based on information available to us as of today's date, and we disclaim any obligation to update any forward-looking statements, except as required by law.

Lastly, during today's call, we will discuss certain GAAP and non-GAAP financial measures, which we believe can be useful in evaluating our performance. Our non-GAAP measures should not be considered in isolation or as a substitute for results prepared in accordance with GAAP, and reconciliation to the most directly comparable GAAP measures is available in our earnings release and in the appendix to today's presentation. Unless otherwise stated, all figures discussed during today's call are for continuing operations only.