Ball Corporation (BLL) CEO Dan Fisher on Q1 2022 Results - Earnings Call Transcript

Ball Corporation (BLL) Q1 2022 Results Conference Call May 5, 2022 11:00 AM ET

Company Participants

John Hayes - Chairman & CEO

Dan Fisher - President & CEO

Scott Morrison - EVP & CFO

Conference Call Participants

Anthony Pettinari - Citi

Ghansham Panjabi - Baird

Chris Parkinson - Mizuho

George Staphos - Bank of America

Mike Leithead - Barclays

Arun Viswanathan - RBC Capital Markets

Phil Ng - Jefferies

Mike Roxland - Truist Securities

Angel Castillo - Morgan Stanley

Mark Wilde - Bank of Montreal

Curt Woodworth - Credit Suisse

Kyle White - Deutsche Bank

Adam Samuelson - Goldman Sachs

Operator

Greetings, and welcome to the Ball Corporation First Quarter 2022 Earnings Call. During the presentation, all participants will be in a listen-only mode. Afterwards, we will conduct a question-and-answer session. [Operator Instructions] As a reminder, this conference is being recorded Thursday, May 5, 2022.

And now, I'd like to turn the conference over to Dan Fisher, CEO. Please go ahead.

Dan Fisher

Good morning, everyone. This is Ball Corporation's conference call regarding the Company's first quarter 2022 results.

The information provided during this call will contain forward-looking statements. Actual results or outcomes may differ materially from those that may be expressed or implied. Some factors that could cause the results or outcomes to differ are in the Company's latest 10-K and in other company SEC filings as well as company news releases.

If you do not already have our earnings release, it is available on our website at ball.com. Information regarding the use of non-GAAP financial measures may also be found in the notes section of today's earnings release. The release also includes a table summarizing business consolidation and other activities as well as a reconciliation of comparable operating earnings and diluted earnings per share calculations.

Joining me on the call today is Scott Morrison, our Executive Vice President and CFO. I'll provide some introductory remarks and business performance commentary. Scott will discuss key financial metrics, and then we will finish up with closing comments and Q&A.

Ball delivered strong first quarter results amid significant geopolitical and economic conditions. Our company remains deeply troubled by the war in Ukraine, and our focus is on the safety and well-being of our colleagues.

In addition, our global employee giving program, and the Ball Foundation to date have provided in excess of $1 million of financial support for humanitarian aid. And our colleagues near the war zone are housing refugees as well as supporting each other in volunteer efforts in their local communities. We thank our employees and the broader global community for their acts of compassion and giving.