GrafTech International Ltd. (NYSE:EAF) Q4 2022 Earnings Conference Call February 3, 2023 10:00 AM ET

Company Participants

Michael Dillon - Vice President of Investor Relations

Marcel Kessler - President & Chief Executive Officer

Jeremy Halford - Executive Vice President & Chief Operating Officer

Timothy Flanagan - Chief Financial Officer, Vice President of Finance & Treasurer

Conference Call Participants

David Gagliano - BMO Capital Markets

Arun Viswanathan - RBC Capital Markets

Operator

Good morning, ladies and gentlemen and welcome to the GrafTech’s Fourth Quarter 2022 Earnings Conference Call and Webcast. [Operator Instructions] This call is being recorded on Friday, February 03, 2023.

I would now like to turn the conference over to Mike Dillon, Vice President, Investor Relations and Corporate Communications. Please go ahead.

Michael Dillon

Thank you. Good morning and welcome to GrafTech International's fourth quarter 2022 earnings call. On with me today are Marcel Kessler, Chief Executive Officer; Jeremy Halford, Chief Operating Officer; and Tim Flanagan, Chief Financial Officer. Marcel will begin with opening comments; Jeremy will then discuss safety, sales and operational matters; Tim will review our quarterly results and other financial details; Marcel will close with comments on our outlook. We will then open the call to questions.

Turning to our next slide. As a reminder, some of the matters discussed on this call may include forward-looking statements regarding, among other things, performance, trends and strategies. These statements are based on current expectations and are subject to risks and uncertainties. Factors that could cause actual results to differ materially from those indicated by forward-looking statements are shown here. We will also discuss certain non-GAAP financial measures and these slides include the relevant non-GAAP reconciliations. You can find these slides in the Investor Relations section of our website at www.graftech.com. A replay of the call will also be available on our website.

I'll now turn the call over to Marcel.

Marcel Kessler

Good morning everyone. Thank you for joining GrafTech’s fourth quarter earnings call. 2022 was a challenging year. Geopolitical conflict, high levels of inflation, supply chain pressures and economic uncertainty impacted global markets and the steel industry. This has negatively impacted demand for graphite electrodes and continues to do so.

In addition, the temporary suspension of our operations in Monterrey, Mexico in the fourth quarter affected our business. These factors, along with a substantial shift in mix from LTA to non-LTA volume will have a significant impact on our 2023 business performance.