UGI Corporation (NYSE:UGI) Q4 2024 Earnings Conference Call November 22, 2024 3:30 AM ET

Company Participants

Tameka Morris - Senior Director, IR
Mario Longhi - Board Chair
Bob Flexon - President and CEO
Sean O'Brien - CFO

Conference Call Participants

Julien Dumoulin-Smith - Jefferies
Gabriel Moreen - Mizuho

Operator

Welcome to the UGI Corporation Q4 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.

I would now like to hand the conference over to Tameka Morris. Please go ahead.

Tameka Morris

Good morning, everyone. Thank you for joining our fiscal 2024 fourth quarter earnings call. With me today are Mario Longhi, UGI's Board Chair; Bob Flexon, President and CEO; and Sean O'Brien, CFO.

On today's call, we will review our fiscal 2024 financial results and key accomplishments as well as the strategic priorities and financial outlook for fiscal 2925 before concluding with a question-and-answer session.

Before we begin, let me remind you that our comments today include certain forward-looking statements, which management believes to be reasonable as of today's date only. Actual results may differ significantly because of risks and uncertainties that are difficult to predict. Please read our earnings release and our annual report for an extensive list of factors that could affect results. We assume no duty to update or revise forward-looking statements to reflect events or circumstances that are different from expectations.

We will also describe our business using certain non-GAAP financial measures. Reconciliation of these measures to the comparable GAAP measures are available within our presentation.

And with that, I'll turn the call over to Mario.

Mario Longhi

Thank you, Tameka, and good morning, everyone. Fiscal 2024 was a pivotal year for UGI as we embarked on a multi-year journey to enhance our financial profile. Strong execution against our strategy led to the company realizing the highest adjusted diluted EPS in its history. We took decisive actions to strengthen the leadership team, create greater operational efficiencies, and improve our balance sheet. I'm proud of our people who have come together and worked diligently to achieve these results.

Now, I'm pleased that Bob has taken the role as President and CEO of UGI. Bob brings strong leadership, extensive experience, and in-depth knowledge of the energy industry. He has a proven track record of leading companies to create significant value. And with his leadership, I'm confident that UGI can be better positioned to meet the needs of our stakeholders.