Stepan(SCL) - 2024 Q1 - Earnings Call Transcript
Stepan(SCL)2024-04-30 17:10
Vincent Anderson - Stifel Mike Harrison - Seaport Research Partners Dave Storms - Stonegate With that, I would like to turn the call over to Mr. Scott Behrens, our President and Chief Executive Officer. We generated positive free cash flow of $11.4 million as capital expenditures returned to historical levels, and these results give us confidence that we will close 2024 with positive free cash flow. The company is on track to deliver our $50 million cost reduction goal for 2024 through disciplined efforts i ...