Algoma Steel Group Inc. (NASDAQ:ASTL) Q2 2025 Results Conference Call November 7, 2024 11:00 AM ET
Company Participants
Mike Moraca - Vice President, Corporate Development and Treasurer
Michael Garcia - Chief Executive Officer
Rajat Marwah - Chief Financial Officer
Conference Call Participants
Katja Jancic - BMO Capital Markets
David Ocampo - Cormark Securities
Ian Gillies - Stifel
Operator
Greetings, and welcome to the Algoma Steel Group Inc. Second Quarter 2025 Earnings Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instruction] As a reminder, this conference is being recorded.
It is now my pleasure to introduce your host, Mike Moraca, Vice President, Corporate Development and Treasurer. Thank you, sir. You may begin.
Mike Moraca
Good morning, everyone, and welcome to Algoma Steel Group, Inc.'s second quarter fiscal 2025 earnings conference call. Leading today's call are Michael Garcia, our Chief Executive Officer; and Rajat Marwah, our Chief Financial Officer. As a reminder, this call is being recorded and will be made available for replay later today in the Investors section of Algoma Steel's website.
I would like to remind you that comments made on today's call may contain forward-looking statements within the meaning of applicable securities laws, which involve assumptions and inherent risks and uncertainties. Actual results may differ materially from statements made today.
In addition, our financial statements are prepared in accordance with IFRS, which differs from U.S. GAAP, and our discussion today includes references to certain non-IFRS financial measures. Last evening, we posted an earnings presentation to accompany today's prepared remarks. The slides for today's call can be found in the Investors section of our corporate website. With that in mind, I would ask everyone on today's call to read the legal disclaimers on Slide 2 of the accompanying earnings presentation and to also refer to the risks and assumptions outlined in Algoma Steel's second quarter fiscal 2025 Management Discussion and Analysis.
Please note that our financial statements are prepared using the U.S. dollar as our functional currency and the Canadian dollar as our presentation currency. Our fiscal year runs from April 1 to March 31, and our financial statements have been prepared for the three and six months ended September 30, 2024, and September 30, 2023.
Furthermore, today, we are announcing that our Board of Directors has approved a change in Algoma's fiscal year-end from March 31 to December 31, starting this year. This will result in a period of March 31 to December 31 being reported as a nine-month reporting period.