Q1 2025 Donaldson Company Inc Earnings Call Transcript

Dec 03, 2024

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Dec 03, 2024 / 03:00PM GMT
Operator

Thank you for standing by, and welcome to the Donaldson Company first-quarter fiscal year 2025 earnings conference call. (Operator Instructions)

I'd now like to turn the call over to Sarika Dhadwal, Senior Director of Investor Relations. You may begin.

Sarika Dhadwal - Donaldson Company Inc - Investor Relations

Good morning. Thank you for joining Donaldson's first-quarter fiscal 2025 earnings conference call. With me today are Tod Carpenter, Chairman, President and CEO; and Brad Pogalz, Chief Financial Officer. Also on the call is Scott Robinson, former CFO and current Strategic Adviser. This morning, Tod and Brad will provide a summary of our first-quarter performance and reaffirm our outlook for fiscal 2025.

During today's call, we will discuss non-GAAP or adjusted results. For first quarter 2025, non-GAAP results exclude pretax restructuring and other charges of $3.3 million, primarily related to cost reduction initiatives in the life sciences segment. A reconciliation of GAAP to non-GAAP metrics is provided within the schedules attached to

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