Zoetis Inc. (ZTS) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:03.693 Please stand by. We're about to begin. 00:00:03.693 -- 00:00:09.496 Welcome to the first quarter 2025 Financial Results Conference Call and Webcast for Zoetis. 00:00:09.496 -- 00:00:14.859 Hosting the call today is Steve Frank, Vice President of Investor Relations for Zoetis. 00:00:14.859 -- 00:00:18.761 The presentation materials and additional financial tables are currently posted on the 00:00:18.761 -- 00:00:22.142 Investor Relations section of Zoetis.com. 00:00:22.423 -- 00:00:26.446 The presentation slides can be managed by you, the viewer, and will not be forwarded 00:00:26.446 -- 00:00:28.446 automatically. 00:00:28.660 -- 00:00:32.502 In addition, a replay of the call will be available approximately two hours after the 00:00:32.502 -- 00:00:38.785 conclusion of this call via dial-in or the investor relations section of zoetis.com. 00:00:40.007 -- 00:00:43.229 At this time, all participants have been placed in a listen-only mode and the floor will 00:00:43.229 -- 00:00:46.571 be open for your questions following the presentation. 00:00:46.571 -- 00:00:50.074 If you would like to ask a question at that time, please press star 1 on your telephone 00:00:50.074 -- 00:00:52.074 keypad. 00:00:52.395 -- 00:00:55.597 If at any point your question has been answered, you may remove yourself from the queue 00:00:55.597 -- 00:00:57.898 by pressing star 2. 00:00:57.898 -- 00:01:01.641 In the interest of time, we ask that you limit yourself to one question and then queue 00:01:01.641 -- 00:01:06.504 up again with any follow-up questions. Your line will be muted when you complete your 00:01:06.504 -- 00:01:11.368 question. When posing your question, please pick up your handset to allow optimal sound 00:01:11.368 -- 00:01:17.232 quality. La...