Q4 2024 Donaldson Company Inc Earnings Call Transcript

Aug 28, 2024 / 02:00PM GMT
Operator

Thank you for standing by and welcome to the Donaldson Company fourth quarter and full year 2024 earnings conference call. (Operator Instructions)

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

Sarika Dhadwal - Donaldson Company Inc - Investor Relations

Good morning. Thank you for joining Donaldson's fourth quarter and full-year fiscal 2024 earnings conference call. With me today are Tod Carpenter, Chairman, CEO and President; and Scott Robinson, Chief Financial Officer.

This morning, Tod and Scott will provide a summary of our fourth-quarter and full-year performance and details on our outlook for fiscal 2025. We will also provide an update on our fiscal 2026 financial targets.

During today's call, we will discuss non-GAAP or adjusted results. For fourth-quarter and full-year fiscal 2024 non-GAAP results exclude pretax restructuring and other charges of $6.4 million related to footprint optimization and cost reduction initiatives. This compares to $4.9 million and

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