Astec Industries, Inc. (ASTE) Q4 2024 Earnings Call Transcript

Astec Industries, Inc. (ASTE) Q4 2024 Earnings Call Transcript

Astec Industries, Inc. (NASDAQ:ASTE) Q4 2024 Earnings Conference Call February 26, 2025 8:30 AM ET

Company Participants

Steve Anderson – Senior Vice President of Administration, Investor Relations
Jaco van der Merwe – President & Chief Executive Officer
Brian Harris – Chief Financial Officer

Conference Call Participants

Brian Sponheimer – Gabelli Asset Management

Operator

Hello and welcome to the Astec Industries Fourth Quarter and Full Year 2024 Earnings Call. As a reminder, this conference call is being recorded. It is my pleasure to introduce to your host, Steve Anderson, Senior Vice President of Administration and Investor Relations.

Mr. Anderson, you may begin.

Steve Anderson

Thank you. Good morning, everyone. For your information, a copy of our press release and presentation are posted on our website under the Investor Relations tab at www.astecindustries.com.

Joining me on today’s call are, Jaco van der Merwe, Chief Executive Officer and Brian Harris, Chief Financial Officer. In just a moment, I’ll turn the call over to Jaco to provide his comments and then Brian will summarize our financial results.

Turning to Slide 2, I’ll remind you that our discussion this morning may contain forward-looking statements that relate to the future performance of the company. Any statements are intended to qualify for the Safe Harbor liability established by the Private Securities Litigation Reform Act. Such statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions.

Factors that can influence our results are highlighted in today’s financial news release and others are contained in our filings with the US Securities and Exchange Commission. As usual, we ask that you familiarize yourself with those factors. In an effort to provide investors with additional information regarding the company’s results, the company refers to various US GAAP and non-GAAP financial measures, which management believes provide useful information to investors. These non-GAAP

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