Owens Corning (OC) Q4 2024 Earnings Call Transcript

Prepared Remarks

Questions and Answers

Call Participants

Prepared Remarks:

Operator

Good morning everyone and Welcome to Owens Corning's Fourth Quarter and Full Year 2024 Earnings Call. My name is Lydia and I'll be your operator today. After the prepared remarks, there'll be an opportunity to ask questions. [Operator Instructions]

I'll now hand you over to Amber Wohlfarth, Vice President of Corporate Affairs and Investor Relations. Please go ahead.

Amber Wohlfarth

Good morning. Thank you for taking the time to join us for today's conference call and review of our business results for the fourth quarter and full year 2024. Joining us today are Brian Chambers, Owens Corning's Chair and Chief Executive Officer; and Todd Fister, our Chief Financial Officer.

Following our presentation this morning, we will open this 1 hour call to your questions. In order to accommodate as many call participants as possible, please limit yourselves to one-question only. Earlier this morning, we issued a news release and filed a 10-K that detailed our financial results for the fourth quarter and full year 2024.

For the purposes of our discussion today, we've prepared presentation slides, summarizing our performance and results, and we'll refer to these slides during this call. You can access the earnings press release Form 10-K and the presentation slides at our website, owenscorning.com, refer to the investors link under the corporate section of our homepage. A transcript and recording of this call and the supporting slides will be available on our website for future reference.

Please reference Slide 2, where we offer a couple of reminders. First, today's remarks will include forward-looking statements that are subject to risks, uncertainties, and other factors that could cause our actual results to differ materially. We undertake no obligation to update these statements beyond what is required under applicable securities laws. Please refer to the cautionary statements and the risk factors identified in our SEC filings for more detail.

Second, the presentation slides and today's remarks contain non-GAAP financial measures. Explanations and reconciliations of non-GAAP to GAAP measures may be found in our earnings press release and presentation, available on the Investors section of our website, owenscorning.com. For those of you following along with our slide presentation, we will begin on Slide 4.

And now opening remarks from our Chair and CEO, Brian Chambers. Brian?

Brian Chambers

Thanks, Amber. Good morning everyone, and thank you for joining us today. During the call this morning, I will begin with a brief overview of our fourth quarter and full year 2024 results. Before providing an update on the key strategic choices we have made over the past year, as well as future investments we are making to position Owens Corning for long-term growth. Todd will then discuss our fourth quarter and full year financial results in greater detail, and I will come back to share expectations for our end-markets and outlook for the first quarter.