Carlisle Companies Inc (NYSE:CSL) Q3 2020 Earnings Conference Call - Final Transcript

Oct 20, 2020 • 05:00 pm ET


Carlisle Companies Inc (NYSE:CSL) Q3 2020 Earnings Conference Call - Final Transcript


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Good afternoon. My name is Rob, and I will be your conference operator today. At this time, I would like to welcome everyone to the Carlisle Companies Third Quarter 2020 Earnings Conference Call. [Operator Instructions] After the speakers' remarks, we will conduct a question-and-answer session.

I would like to turn the call over to Mr. Jim Giannakouros, Carlisle's Vice President of Investor Relations and Financial Planning and Analysis. Jim, please go ahead.

Jim Giannakouros

Thank you, Rob. And good afternoon everyone, and welcome to Carlisle's third quarter 2020 earnings conference call. We released our third quarter financial results after the market close today. And you can find both our press release and earnings call slide presentation on our website at in the Investor Relations section.

On the call with me today are Chris Koch, Chairman, President and Chief Executive Officer; and Bob Roche, our Chief Financial Officer. Today's call will begin with Chris discussing business trends experienced during the third quarter and context around our continued confidence in achieving Vision 2025. Bob will discuss Carlisle's third quarter performance and current financial position. Following Chris and Bob's remarks, we will open up the line for questions.

Before we begin, please refer to Slide 2 of our presentation, where we note that certain statements made under this call may be forward-looking and actual results may differ materially from our expectations due to a number of factors, including impacts from COVID-19. A discussion of some of the risks and uncertainties that may affect our results are provided in our press release and in our SEC filings on forms 10-K and 10-Q. Those considering investing in Carlisle should read these statements carefully and review reports we file with the SEC before making an investment decision.

With that, I will turn over the call to Chris.

D. Christian Koch

Thanks, Jim. Good afternoon everyone. As we enter the 10th month of operating in this COVID-19 pandemic, I hope everyone out there is healthy and staying safe. I'd like to first say how proud I'm of the Carlisle team and how grateful I am for their continued passion, dedication and commitment to serving our customers, to protecting each other and to supporting our communities through these uncertain times. We all know that this virus continues to be a threat to our health and economy and want to assure everyone that safety has and always will be the number one priority at Carlisle and protecting ourselves and each other against this virus is at the forefront of our thoughts even more so as the winter and flu seasons approach.

If we all do our part, we can help manage this pandemic and get us all back to a healthy and productive state both in our professional and personal lives. While being safe and healthy is always our first priority, we also have the commitment to keep all our stakeholders in mind and to deliver on our key objectives including Vision 2025 and our ESG initiatives. By doing this we ensure that we