Fidelity National Information Services (FIS) FY Conference May 14, 2025 10:40 AM ET Speaker0 Alright. Thanks everyone. My name is Tien Tsin Huang. Payments and IT services analyst here at JPMorgan. So this is the FIS session, which with us from FIS, have James Kehoe, the CFO. Always enjoy talking to James. He brings a wealth of experience, and I know he was a CFO at at Walgreens Boots Alliance back in the day, and I've heard a lot of good stories from from James. And I think excited to be working with him n ...

Financial Data and Key Metrics Changes - The first quarter adjusted operating earnings per share was $0.23 compared to a negative $0.02 in the fourth quarter, indicating a significant recovery [30] - The company expects a run rate quarterly EBITDA of nearly $800 million in the first half of the year, accelerating to $1.1 billion by Q4 [12][16] - Free cash flow for the full year is expected to be in the range of $100 million to $300 million [26] Business Line Data and Key Metrics Changes - The Packaging Solutions North America business saw higher sales and adjusted EBITDA due to the addition of the DS Smith North American business and benefits from sales price increases [33] - The adjusted EBITDA contribution from DS Smith operations in North America was $7 million for two months of the first quarter, with expectations for an additional $25 million in the second quarter [37] - The Packaging Solutions EMEA business benefited from two months of the former DS Smith European legacy business, contributing $104 million to adjusted EBITDA for the first quarter [41] Market Data and Key Metrics Changes - Industry demand in North America was down 2% in the first quarter, with expectations for this level to continue into the second quarter [15] - Demand across European markets was soft in the first quarter but is expected to remain stable in the second quarter [15] - The company noted a significant gap closure to market by approximately 500 basis points in the North American packaging business [34] Company Strategy and Development Direction - The company is focused on three strategic pillars: building an advantaged cost position, enhancing customer experience, and driving profitable market share growth [10] - The company aims to achieve $1.9 billion in cost savings by the end of 2027, with approximately $400 million already realized [17] - The integration of DS Smith is a key focus, with a target of achieving $600 million to $700 million in synergies [22] Management's Comments on Operating Environment and Future Outlook - Management expressed caution regarding the economic environment, noting strong negative consumer and business sentiment [15] - The company is prepared for various scenarios, including potential economic deterioration, and is focused on controlling its own destiny [16] - Management remains optimistic about achieving the targeted range of earnings improvements if demand remains stable [15] Other Important Information - The company is implementing an "eighty-twenty" performance system to drive significant earnings improvement and commercial excellence [20] - The company is actively pursuing a strategic option process for its Global Cellulose Fibers business, with several interested parties in the due diligence phase [23] Q&A Session Summary Question: Demand trends and EBITDA guidance - Management indicated that if demand remains stable, they feel confident in achieving an EBITDA target between $3.5 billion and $4 billion [53][64] Question: Impact of tariffs on pulp business - Management noted that there is mid-single-digit risk to demand due to tariffs, but overall demand remains stable [66][67] Question: Market share gains in North America - Management reported improvements in service and reliability, leading to modest market share gains in local accounts [81][85] Question: Operating rates and portfolio assessment - Management confirmed stability in demand and indicated ongoing footprint optimization efforts [86][89] Question: EBITDA bridge from first half to second half - Management explained that the second half is expected to see a significant increase in EBITDA due to cost savings and price realization [97][100]

Pfizer (PFE) Q1 2025 Earnings Call April 29, 2025 10:00 AM ET Company Participants Francesca DeMartino - SVP & Chief Investor Relations OfficerAlbert Bourla - Chairman & CEODave Denton - EVP & CFOAamir Malik - Executive VP & Chief U.S. Commercial OfficerAlexandre de Germay - Executive VP & Chief International Commercial OfficerChris Boshoff - Chief Scientific Officer and President, Research & DevelopmentAndrew Baum - Chief Strategy & Innovation Officer, Executive VPUmer Raffat - Senior Managing DirectorChri ...

Enerpac Tool Group Corp. (NYSE:EPAC) Q2 2025 Earnings Conference Call March 25, 2025 8:30 AM ET Company Participants Travis Williams - Senior Director of Investor Relations Paul Sternlieb - President and Chief Executive Officer Darren Kozik - Executive Vice President and Chief Financial Officer Conference Call Participants Will Gildea - CJS Securities Tom Hayes - C.L. King Steve Silver - Argus Research Operator Ladies and gentlemen, thank you for standing by. Welcome to Enerpac Tool Group's Second Quarter F ...