Eagle Materials Inc. (NYSE:EXP) Q2 2025 Earnings Conference Call October 29, 2024 8:30 AM ET

Company Participants

Michael Haack - President and CEO
Craig Kesler - CFO

Conference Call Participants

Trey Grooms - Stephens
Brent Thielman - D.A. Davidson
Asher Sohnen - Citigroup
Jerry Revich - Goldman Sachs
Adam Thalhimer - Thompson Davis
Jesse Barone - Jefferies
Tyler Brown - Raymond James

Operator

Good day, everyone, and welcome to Eagle Materials Second Quarter of Fiscal 2025 Earnings Conference Call. This call is being recorded.

At this time, I'd like to turn the floor over to Eagle's President and Chief Executive Officer, Mr. Michael Haack. Mr. Haack, please go ahead.

Michael Haack

Thank you, Jamie. Good morning. Welcome to Eagle Materials conference call for our second quarter of fiscal year 2025.

This is Michael Haack. Joining me today are Craig Kesler, our Chief Financial Officer; and Alex Haddock, Senior Vice President of Investor Relations, Strategy and Corporate Development.

There will be a slide presentation made in connection with this call. To access it, please go to eaglematerials.com and click on the link to the webcast. While you're accessing the slides, please note that the first slide covers our cautionary disclosure regarding forward-looking statements made during this call. These statements are subject to risks and uncertainties that could cause results to differ from those discussed during the call. For further information, please refer to this disclosure, which is also included at the end of our press release.

Let me start my comments by highlighting a very important meeting conducted a few weeks ago at Eagle Materials, that being our Annual Health, Safety and Environment Conference or what we term HSE. Each year, I have the pleasure of spending two days with approximately 90 leaders in our organizations across the U.S. to discuss health, safety and environmental items facing Eagle Materials.

We get to share best practices across the organization, discuss how we strengthen our safety culture and how we make a difference in our operations for all employees. We always prefer to look at leading indicators to eliminate items before they happen, but it's also a time to reflect on the progress we have made in our lagging indicators.

This progress is highlighted in our sustained below-industry average TRIR rate for safety. Our enhanced sustainability report we released last year showing our continued progress in reduced CO2 emissions per ton of cementitious product and highlights investments in projects that not only financially return but environmentally return benefits to Eagle.