NACCO Industries, Inc. (NC) Q1 2025 Earnings Conference Call Transcript

NACCO Industries, Inc. (NYSE:NC) Q1 2025 Earnings Conference Call May 1, 2025 8:30 AM ET

Company Participants

Christina Kmetko – IR

J.C. Butler – President and CEO

Elizabeth Loveman – SVP and Controller

Conference Call Participants

Doug Weiss – DSW Investments

Operator

Good morning, ladies and gentlemen, and welcome to the NACCO Industries Inc. First Quarter 2025 Earnings Conference Call. At this time, all lines are in listen-only mode. [Operator Instructions] This call is being recorded on Thursday, May 1, 2025.

I would now like to turn the conference over to Christina Kmetko, Investor Relations. Please go ahead.

Christina Kmetko

Thank you. Good morning, everyone, and welcome to our 2025 first quarter earnings call and webcast. Thank you for joining us this morning.

I’m Christina Kmetko, and I’m responsible for Investor Relations at NACCO. Joining me today are J.C. Butler, President and Chief Executive Officer; and Elizabeth Loveman, Senior Vice President and Controller. Yesterday, we published our 2025 first quarter results and filed our 10-Q.

This information is available on our website. Our remarks that follow, including answers to your questions, contain forward-looking statements. These statements are subject to several risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements made here today.

These risks include, among others, matters that we’ve described in our earnings release, 10-Q, and other SEC filings. We may not update these forward-looking statements until our next quarterly earnings conference call. We’ll also be discussing non-GAAP information that we believe is useful in evaluating the company’s operating performance. Reconciliations for these non-GAAP measures can be found in our earnings release and on our website.

Now I’ll turn the call over to J.C. for some opening remarks. J.C.?

J.C. Butler

Thank you, Christie, and good morning, everyone. I’m pleased to report another quarter