Call Start: 8:00 January 1, 0000 8:58 AM ET
Albemarle Corporation (NYSE:ALB)
Q1 2025 – Earnings Conference Call
May 1, 2025, 8:00 AM ET
Company Participants
Meredith Bandy – VP, IR and Sustainability
Kent Masters – Chairman and CEO
Neal Sheorey – EVP and CFO
Eric Norris – EVP and CCO
Conference Call Participants
Rock Hoffman – Bank of America
John Roberts – Mizuho Securities
Colin Rusch – Oppenheimer
Aleksey Yefremov – KeyBanc
Chris Perrella – UBS
Joel Jackson – BMO
Vincent Andrews – Morgan Stanley
David Deckelbaum – TD Cowen
Arun Viswanathan – RBC
Pete Osterland – Truist
Andres Castanos – Berenberg
Operator
Hello, and welcome to Albemarle Corporation’s Q1 2025 Earnings Call. I will now hand it over to Meredith Bandy, Vice President of Investor Relations and Sustainability.
Meredith Bandy
Thank you, and welcome, everyone, to Albemarle’s First Quarter 2025 Earnings conference call. Our earnings were released after market closed yesterday, and you’ll find the press release and earnings presentation posted to our website under the Investors section at albemarle.com. Joining me on the call today are Kent Masters, Chief Executive and Neal Sheorey, Chief Financial Officer Netha Johnson, Chief Operations Officer and Eric Norris, Chief Commercial Officer are also available for Q&A.
As a reminder, some of the statements made during this call, including our outlook, guidance, expected company performance and strategic initiatives may constitute forward-looking statements. Please note the cautionary language about forward-looking statements contained in our press release and earnings presentation that also applies to our call. Please also note that some of our comments today refer to non-GAAP financial measures. Reconciliations can be found in the earnings materials. And now, I’ll turn the call over to Kent.
Kent Masters
Thank you, Meredith. For the first quarter, we reported net sales of $1.1 billion including increased specialties volumes and
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