Terex Corporation (NYSE:TEX) Q3 2024 Earnings Conference Call October 30, 2024 8:30 AM ET

Company Participants

Derek Everitt - VP, IR
Simon Meester - President & CEO
Julie Beck - SVP & CFO

Conference Call Participants

Clay Nelson - Goldman Sachs
Brendan Shea - Morgan Stanley
Steve Barger - KeyBanc Capital Markets

Operator

Greetings, and welcome to the Terex Third Quarter 2024 Results Conference Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host, Derek Everitt, Vice President, Investor Relations.

Derek Everitt

Good morning, and welcome to the Terex third quarter 2024 earnings conference call. A copy of the press release and presentation slides are posted on our Investor Relations website at investors.terex.com. In addition, the replay and slide presentation will be available on our website.

We are joined by Simon Meester, President and Chief Executive Officer; and Julie Beck, Senior Vice President and Chief Financial Officer. Their prepared remarks will be followed by Q&A.

Please turn to Slide 2 of the presentation, which reflects our Safe Harbor statement. Today's conference call contains forward-looking statements, which are subject to risks that could cause actual results to be materially different from those expressed or implied. These risks are described in greater detail in the earnings materials and in our reports filed with the SEC.

On this call, we will be discussing non-GAAP financial information, including adjusted figures that we believe are useful in evaluating the company's operating performance. Reconciliations for these non-GAAP measures can be found in the conference call materials.

Please turn to Slide 3, and I'll turn it over to Simon Meester.

Simon Meester

Thanks, Derek, and good morning. I would like to welcome everyone to our earnings call and appreciate your interest in Terex.

Emphasizing our commitment to our zero harm culture and the Terex revalues at the start of this call reflects what we do across the organization every day as part of our Terex Operating System. As we continue to grow, our core values will continue to include keeping each other safe, treating each other with respect and dignity, and being responsible stewards of our environment.

Let's turn to Slide 4. Before diving into our Q3 results, I'm very pleased to welcome the ESG team to the Terex family. ESG is a great strategic and cultural fit, reduces our cyclicality and makes Terex a stronger company with a bright future. ESG is a leader in the growing waste and recycling industry where waste management and recycling solutions are critical for every jurisdiction, not only in America but around the world.