Lincoln Electric Holdings, Inc. (LECO) Q4 2024 Earnings Call Transcript

Lincoln Electric Holdings, Inc. (NASDAQ:LECO) Q4 2024 Earnings Conference Call February 13, 2025 10:00 AM ET

Company Participants

Amanda Butler – VP of IR and Communications
Steve Hedlund – Chair and CEO
Gabe Bruno – CFO

Conference Call Participants

Stefan Diaz – Morgan Stanley
Joe Grabowski – Baird
Nathan Jones – Stifel
Walt Liptak – Seaport Research Partners
Steve Barger – KeyBanc Capital Markets
Chris Dankert – Loop Capital

Operator

Greetings, and welcome to the Lincoln Electric 2024 Fourth Quarter Financial Results Conference Call. All lines have been placed on mute to prevent any background noise and this call is being recorded. After today’s presentation, there will be an opportunity to ask question. [Operator Instructions] It is my pleasure to introduce your host, Amanda Butler, Vice President of Investor Relations and Communications. Thank you. Ma’am, you may begin.

Amanda Butler

Thank you, Jeanine, and good morning, everyone. Welcome to Lincoln Electric’s fourth quarter and full year 2024 conference call. We released our financial results earlier today and you can find our release and this call slide presentation at lincolnelectric.com in the Investor Relations section. Joining me on the call today is Steve Hedlund, Chair and Chief Executive Officer; and Gabe Bruno, our Chief Financial Officer. Following our prepared remarks, we’re happy to take your questions.

Before we start our discussion though, please note that certain statements made during this call may be forward-looking and actual results may differ materially from our expectations due to a number of risk factors and uncertainties, which are provided in our press release and in our SEC filings on Forms 10-K and 10-Q. In addition, we discuss financial measures that do not conform to US GAAP. A reconciliation of non-GAAP measures to the most comparable GAAP measure is found in the financial tables in our earnings release, which again, is available in

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