The Greenbrier Companies, Inc. (NYSE:GBX) Q4 2022 Earnings Conference Call October 27, 2022 11:00 AM ET
Company Participants
Justin Roberts - Vice President and Treasurer
Lorie Tekorius - President and CEO
Brian Comstock - Executive Vice President and Chief Commercial and Leasing Officer
Adrian Downes - Senior Vice President and CFO
Conference Call Participants
Justin Long - Stephens
Matt Elkott - Cowen
Bascome Majors - Susquehanna
Allison Poliniak - Wells Fargo
Adam Czakanski - Bank of America
Steve Barger - KeyBanc Capital Markets
Operator
Hello. And welcome to The Greenbrier Companies Fourth Quarter of Fiscal 2022 Earnings Conference Call. Following today’s presentation, we will conduct a question-and-answer session. Each analyst should limit themselves to only two questions. Until that time, all lines will be in a listen-only mode. At the request of The Greenbrier Companies this conference call is being recorded for replay purposes.
At this time, I would like to turn the conference over to Mr. Justin Roberts, Vice President and Treasurer. Mr. Roberts, you may begin.
Justin Roberts
Thank you, Andrea. Good morning, everyone. And welcome to our fourth quarter and fiscal 2022 conference call. Today, I am joined by Lorie Tekorius, Greenbrier’s CEO and President; Brian Comstock, Executive Vice President and Chief Commercial and Leasing Officer; and Adrian Downes, Senior Vice President and CFO.
Following our update on Greenbrier’s performance in 2022 and our outlook for fiscal 2023, we will open up the call for questions. In addition to the press release issued this morning, additional financial information and key metrics can be found in a slide presentation posted today on the IR section of our website.
As a reminder matters discussed on today’s conference call include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Throughout our discussion today, we will describe some of the important factors that could cause Greenbrier’s actual results in 2023 and beyond to differ materially from those expressed in any forward-looking statement made by or on behalf of Greenbrier.
And with that, I will turn the call over to Lorie. Good morning.
Lorie Tekorius
Good morning. Thank you, Justin, and good morning, everyone. I appreciate you joining us today. Before turning to our results, I want to commend our business units, and all our colleagues and production for completing another year of outstanding safety performance.
Our recordable injury rate declined by nearly 16% and our DART rate was down 17% from 2021. This is the second year in a row with double-digit improvements following steady improvements over the past three years.