Bristow Group Inc. (NYSE:VTOL) Q1 2025 Earnings Call May 7, 2025 10:00 AM ET
Company Participants
Red Tilahun – Senior Manager, Investor Relations and Financial Reporting
Chris Bradshaw – President and Chief Executive Officer
Jennifer Whalen – Senior Vice President and Chief Financial Officer
Conference Call Participants
Josh Sullivan – The Benchmark Company
Steve Silver – Argus Research
Laura Li – Deutsche Bank
Operator
Good day, everyone, and welcome to Bristow Group reports First Quarter 2025 Earnings Call. Today’s call is being recorded. [Operator Instructions] At this time, I’d like to turn over the call to Red Tilahun, Senior Manager of Investor Relations and Financial Reporting.
Red Tilahun
Thank you, Luke. Good morning, everyone and welcome to Bristow Group’s first quarter 2025 earnings call. I’m joined on the call today with our President and Chief Executive Officer, Chris Bradshaw; and Senior Vice President and Chief Financial Officer, Jennifer Whalen.
Before we begin, I’d like to take this opportunity to remind everyone that during the course of this call, management may make forward-looking statements that are subject to risks and uncertainties that are described in more detail on Slide 3 of our investor presentation. You may access the investor presentation on our website. We will also reference certain non-GAAP financial measures such as EBITDA and free cash flow. A reconciliation of such measures to GAAP is included in the earnings release and the investor presentation.
I’ll now turn the call over to our President and CEO. Chris?
Chris Bradshaw
Thank you, Red. I will begin with a note on safety, which is Bristow’s number one core value and our highest operational priority. The company achieved our target of 0 air accidents in Q1 2025. In terms of workplace safety, we experienced fewer recordable injuries and fewer lost workdays than the first quarter of 2024, and we are currently
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