On Holding AG (NYSE:ONON) Q2 2024 Earnings Conference Call August 13, 2024 8:00 AM ET
Company Participants
Jerrit Peter - Head, IR
David Allemann - Co-Founder and Executive Co-Chairman
Martin Hoffmann - CFO & Co-CEO
Marc Maurer - Co-CEO
Conference Call Participants
Jonathan Komp - Baird
Jim Duffy - Stifel
John Kernan - TD Cowen
Jay Sole - UBS
Cristina Fernandez - Telsey Advisory Group
Aubrey Tianello - BNP Paribas
Michael Binetti - Evercore
Alex Straton - Morgan Stanley
Operator
Thank you for standing by. My name is Krista and I will be your conference operator today. I would like to welcome everyone to the On Holding AG Second Quarter 2024 Results Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session. [Operator Instructions] Thank you.
I will now turn the conference over to Jerrit, who is Head of Investor Relations. Jerrit, you may begin.
Jerrit Peter
Good afternoon. Good morning to our Investor Community. Thank you for joining On’s 2024 Second Quarter Earnings Conference Call and Webcast. With me today on the call are On’s Executive Co-Chairman and Co-Founder; David Allemann; CFO and Co-CEO, Martin Hoffmann, and Co-CEO, Marc Maurer.
Before we begin, I will briefly remind everyone that today's call will contain forward-looking statements within the meaning of the Federal Securities Laws. These forward-looking statements reflect our current expectations and beliefs only and are subject to certain risks and uncertainties that could cause actual results to differ materially. Please refer to our 20-F, Filed with the SEC on March 12th for a detailed discussion of such risks and uncertainties.
We will further reference certain non-IFRS financial measures, such as adjusted EBITDA and adjusted EBITDA margin. These measures are not intended to be considered in isolation or as a substitute for the financial information presented in accordance with IFRS. Please refer to today's release for reconciliation to the most comparable IFRS measures.
We will begin with David, followed by Martin, leading through today's prepared remarks, after which we look forward to opening the call for a Q&A session. With that, I'm very happy to turn over the call to David.
A warm welcome to our second quarter 2024 results call. Martin, Marc and I are coming to you from our improvised studio in the Swiss Alps and hope you had a restful and good summer. Wow, what an exciting summer and quarter it has indeed been for all. Zendaya joined our team as partner and already played an air tennis tournament against Roger Federer in front of On Labs. Our groundbreaking innovation LightSpray has been equally discussed in 325 media articles around the world over the past weeks.