Universal Corporation (NYSE:UVV) Q2 2023 Earnings Conference Call November 3, 2022 5:00 PM ET

Company Participants

Candace Formacek - Vice President and Treasurer

George Freeman - Chairman, President and CEO

Johan Kroner - Chief Financial Officer

Airton Hentschke - Chief Operating Officer

Conference Call Participants

Ann Gurkin - Davenport

Operator

Hello, thank you for your patience and a warm welcome to Universal Corporation’s Second Quarter Fiscal Year 2023 Earnings Call. My name is Louisa, and I’ll be your operator today. [Operator Instructions] And I have the pleasure of turning the call today to Candace Formacek, Vice President and Treasurer at Universal Corporation. Candace, please go ahead.

Candace Formacek

Thank you, Louisa. Thank you all for joining us. George Freeman, our Chairman, President and CEO; Airton Hentschke, our Chief Operating Officer; and Johan Kroner, our Chief Financial Officer are here with me today and will join me in answering questions after these brief remarks.

This call is being0020webcast live and will be available on our website and on telephone taped replay. It will remain on our website through February 3rd, 2023. Other than the replay we have not authorized and disclaim responsibility for any recording, replay or distribution of any transcription of this call. This call is copyrighted and may not be used without our permission.

Before I begin to discuss our results, I caution you that we will be making forward-looking statements that are based on our current knowledge and some assumptions about the future and are representative as of today only. Actual results could differ materially from projected or estimated results, and we assume no obligation to update any forward-looking statements. This is a particular note during the current ongoing COVID pandemic, when the length and severity of the crisis and resultant economic and business impacts are so difficult to predict.

For information on some of the factors that can affect our estimates, I urge you to read our 10-K for the year ended March 31, 2022, as well as our Form 10-Q for the quarter ended September 30, 2022. Such risks and uncertainties include, but are not limited to, the ongoing COVID-19 pandemic, customer-mandated timing of shipments, weather conditions, political and economic environment, government regulation and taxation, changes in exchange rates and interest rates, industry consolidation and evolution, and changes in market structure or sources.

Finally, some of the information I have for you today is based on unaudited allocations and is subject to reclassification. In an effort to provide useful information to our investors, our comments today may include non-GAAP financial measures. For detail on these measures, including reconciliations to the most comparable GAAP measures, please refer to our current earnings press release.