BrightView Holdings, Inc. (NYSE:BV) Q3 2024 Earnings Conference Call November 14, 2024 8:30 AM ET

Company Participants

Chris Stoczko - Vice President of Finance and Investor Relations
Dale Asplund - President and Chief Executive Officer
Brett Urban - Chief Financial Officer

Conference Call Participants

Bob Labick - CJS Securities

Tim Mulrooney - William Blair

Greg Palm - Craig Hallum Capital Group

Keen Fai Tong - Goldman Sachs Group

Harold Antor - Jefferies

Jeffrey Stevenson - Loop Capital Markets

Operator

Good day and welcome to the BrightView Fourth Quarter and Full Year 2024 Earnings Call. At this time, all participants are in a listen-only mode. Following the speaker's remarks, there will be a question-and-answer session.

[Operator Instructions] Please note today's call will be recorded. [Operator Instructions] It is now my pleasure to turn the call over to Chris Stoczko, Vice President of Finance and Investor Relations. Please go ahead.

Chris Stoczko

Good morning, and thank you for joining BrightView's fourth quarter and full year fiscal 2024 earnings call. Dale Asplund, BrightView's President and Chief Executive Officer, and Brett Urban, Chief Financial Officer are on the call.

I will now refer you to slide two of the presentation which can also be found on our Investor Relations website and contains our safe harbor disclaimer. Our presentation includes forward-looking statements subject to risk and uncertainty. In addition, during the call we will refer to certain non-GAAP financial measures.

Please see our press release and 8-K issued yesterday for reconciliation to these measures. With that, I will now turn the call over to Dale.

Dale Asplund

Thank you, Chris, and good morning, everyone. As I reflect on my first year here, I am both honored and humbled to lead this journey and incredibly proud of the progress the team has made in such a short period of time.

As we committed to you 12 months ago, we delivered breakout results for fiscal 2024, all while transforming this business, unwinding BES, selling our US lawns business, streamlining our operating structure and snow coming in below original expectations.

We are also positioned to grow EBITDA again in fiscal 2025, reflecting a second consecutive annual record EBITDA. This is underpinned by revenue growth in both our development and land maintenance business. As each quarter passes, we as a team gain greater conviction that we are in the early stages of capitalizing on the many expansive opportunities that will benefit our results in both the near and long-term.