Constellium SE (NYSE:CSTM) Q4 2023 Earnings Conference Call February 21, 2024 10:00 AM ET

Company Participants

Jason Hershiser - Director of Investor Relations

Jean-Marc Germain - Chief Executive Officer

Jack Guo - Senior Vice President and Chief Financial Officer

Conference Call Participants

Katja Jancic - BMO Capital Markets

Corinne Blanchard - Deutsche Bank AG

Bill Peterson - JPMorgan

Curt Woodworth - UBS

Joshua Sullivan - The Benchmark Company

Sean Wondrack - Deutsche Bank

Operator

Hello, and welcome to the Constellium Fourth Quarter and Full-Year 2023. My name is Elliot, and I'll be coordinating your call today. [Operator Instructions]

I would now like to hand over to Jason Hershiser, Director of Investor Relations. The floor is yours. Please go ahead.

Jason Hershiser

Thank you, Elliot. I would like to welcome everyone to our fourth quarter and full-year 2023 earnings call. On the call today, we have our Chief Executive Officer, Jean-Marc Germain; and our Chief Financial Officer, Jack Guo. After the presentation, we will have a Q&A session.

A copy of the slide presentation for today's call is available on our website at constellium.com, and today's call is being recorded. Before we begin, I'd like to encourage everyone to visit the Company's website and take a look at our recent filings.

Today's call may include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include statements regarding the Company's anticipated financial and operating performance, future events and expectations and may involve known and unknown risks and uncertainties. For a summary of specific risk factors that could cause results to differ materially from those expressed in the forward-looking statements, please refer to the factors presented under the heading Risk Factors in our Annual Report on Form 20-F. All information in this presentation is as of the date of the presentation. We undertake no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise, except as required by law.

In addition, today's presentation includes information regarding certain non-GAAP financial measures. Please see the reconciliations of non-GAAP financial measures attached in today's slide presentation, which supplement our IFRS disclosures.

I would now like to hand the call over to Jean-Marc.

Jean-Marc Germain

Thank you, Jason, and good morning, good afternoon, everyone. Thank you for your interest in Constellium.

Let's begin on Slide 5. I want to start by thanking each of our 12,000 employees for their commitment and relentless focus on safety, our number one priority. Our recordable case rate this year of 1.95 per million hours worked was slightly higher than last year, but I am pleased to report that we continue to deliver best-in-class safety performance. Our safety journey is never complete, and we all need to remain focused on this critical priority every day. We remain fully committed to achieving our safety target to reduce our recordable case rate to 1.5 by 2025.