Kathy Warden, Chairman, Chief Executive Officer and President and David Keffer, Corporate Vice President and Chief Financial Officer, participated in the Bernstein’s Strategic Decisions Conference on May 27, 2020. As previously disclosed in a Company press release dated May 21, 2020, the conference was webcast. The webcast replay and the transcript of the conference are below. The Company understands that due to technical difficulties experienced by the Conference organizer, the first ten minutes of the presentation by Ms. Warden and Mr. Keffer at the conference may not have been heard by all listeners to the webcast and are not included in the webcast replay. During that portion of the conference, Ms. Warden discussed that the Company expects absenteeism and productivity related to COVID-19 to continue to improve. Ms. Warden also reported that the Company assumes that supply chain and labor impacts are greatest in the second quarter, and that operational pace recovers in the second half of the year. Ms. Warden also discussed that commercial aerostructures business is expected to see continuing headwinds throughout the year.
Note: Statements made at this conference, including in any accompanying materials, contain or may contain statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “will,” “expect,” “anticipate,” “intend,” “may,” “could,” “should,” “plan,” “project,” “forecast,” “believe,” “estimate,” “guidance,” “outlook,” “trends,” “goals” and similar expressions generally identify these forward-looking statements. These forward-looking statements speak only as of the date when made, and the Company undertakes no obligation to publicly update or revise any forward-looking statements after the date of this release or the date of the call, except as required by applicable law. Forward-looking statements are not guarantees of future performance and inherently involve a wide range of risks and uncertainties that are difficult to predict. A discussion of these risks and uncertainties is contained in the Company’s filings with the Securities and Exchange Commission.