Fluor Corporation (NYSE:FLR) Q1 2024 Results Conference Call May 3, 2024 8:30 AM ET

Company Participants

Jason Landkamer - Head of Investor Relations
David Constable - Chairman and Chief Executive Officer
Joe Brennan - Chief Financial Officer

Conference Call Participants

Jamie Cook - Truist Securities
Steven Fisher - UBS
Andy Wittmann - Baird
Michael Dudas - Vertical Research
Alex Dwyer - KeyBanc
Natalia Bak - Citibank
Michael Feniger - Bank of America

Operator

Good morning, and welcome to Fluor’s First Quarter 2024 Earnings Conference Call. Today's call is being recorded. [Operator Instructions] Replay of today's conference call will be available at approximately 10:30 AM Eastern Time today, accessible on Fluor’s website at investor.fluor.com. The web replay will be available for 30 days. A telephone replay will also be available for seven days through a registration link. Also accessible on Fluor's website at investor.fluor.com.

At this time for opening remarks, I would like to turn the call over to Jason Landkamer, Head of Investor Relations. Please go ahead, Mr. Landkamer.

Jason Landkamer

Thanks, JL, and good morning everyone. Welcome to Fluor’s 2024 first quarter earnings call. David Constable, Fluor’s Chairman and Chief Executive Officer; and Joe Brennan, Fluor’s Chief Financial Officer, are with us today. Fluor issued its fourth quarter earnings release earlier this morning and a slide presentation is posted on our website that we will reference while making prepared remarks.

Before getting started, I would like to refer you to our safe harbor note regarding forward-looking statements which is summarized on Slide 2. During today's presentation, we will be making forward-looking statements which reflect our current analysis of existing trends and information.

There is an inherent risk that actual results and experience could differ materially. You can find a discussion of our risk factors, which could potentially contribute to such differences, in our 2023 Form 10-K, which was filed earlier today.

During this call, we will discuss certain non-GAP financial measures. Reconciliations of these amounts to the comparable GAAP measures are reflected in our earnings release and posted in the Investor Relations section of our website at investor.fluor.com.

With that, I'll now turn the call over to David Constable Fluor’s Chairman and Chief Executive Officer. David?

David Constable

Thank you, Jason. Good morning, everyone. Thank you for joining us today.

Please turn to Slide 3. To get started today, I'll briefly highlight a key component of our Fluor Nordic strategy centered around our technology hub in Europe. This hub established three years ago in Copenhagen is central to our growth strategy in the Nordic region. Its purpose was to establish a regional presence that is close to our customers, as well as providing a collaborative center for our clients, Fluor subject matter experts and local subcontracting partners.