Chart Industries, Inc. (GTLS) Q2 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, and welcome to the Chart Industries Inc. 2024 Second Quarter Results Conference Call. All lines have been placed on mute to prevent background noise. After the speaker's remarks, there will be a question and answer session. The company's release and supplemental presentation were issued earlier this morning. If you have not received the release, you may access it by visiting Chart's website at www.chartindustries.com. A telephone replay of today's broadcast will be available approximately two hours following the conclusion of the call until Sunday, September 1st, 2024. The replay information is contained in the company's press release. Before we begin, the company would like to remind you that statements made during this call that are not historical, in fact, or forward-looking statements. Please refer to the information regarding forward-looking statements and risk factors included in the company's earning release and latest filing with the SEC. The company undertakes no obligation to update publicly or revise any forward-looking statements. I would now like to turn the conference over to Jill Ivanko, Chart Industries CEO. Please go ahead. Thank you, Joelle. Good morning and thank you for joining Joe Brinkman, our CFO, and me to walk through our second quarter 2024 results. We are executing consistently and on the path to our reiterated medium-term financial targets, including organic sales CAGR of mid-teens, mid-30% gross margin, adjusted diluted EPS growth CAGR of mid-40%, and free cash flow conversion to attain our target net leverage ratio range of 2 to 2.5. For all periods referenced, all metrics are pro forma for continuing operations of the combined business of Chart and Howden, unless otherwise noted, which also excludes all assets divested in ...