BorgWarner Inc. Earnings Report Transcript. (BWA) for Q3 2024

BorgWarner Inc. (New York Stock Exchange:BVA) Third Quarter 2024 Conference Call, October 31, 2024, 9:30 a.m. ET.

Company members

Patrick Nolan – Vice President of Investor Relations
Frederic Lissald – President and Chief Executive Officer
Craig Aaron – Executive Vice President and Chief Financial Officer

Conference call participants

Colin Langan – Wells Fargo
Dan Levy – Barclays
Adam Jonas – Morgan Stanley
John Murphy – Bank of America
Luke Junk – Baird
James Picariello – BNP Paribas
Mark Delaney – Goldman Sachs
Emmanuel Rosner – Wolfe Research

Operator

Good morning. My name is Connie and I will be your conference coordinator. Now, I’d like to welcome everyone to BorgWarner’s Q3 2024 earnings call. All lines are muted to eliminate background noise. After the speakers’ presentations there will be a question and answer period. (Operator Instructions)

Now I’d like to turn the phone over to Patrick Nolan, Vice President of Investor Relations. Mr. Nolan, you may begin the conference.

Patrick Nolan

Thank you, Connie, and good morning everyone. Thank you for joining us today. We released our earnings report this morning. It is posted on our website, borgwarner.com, both on our home page and on our investor relations home page. In terms of our investor relations calendar, we will be attending several conferences in the lead up to our next earnings release. A complete list can be found in the Events section of our Investor Relations home page.

Before we begin, I must inform you that during this call we may make forward-looking statements that involve risks and uncertainties, as detailed in our 10-K. Our actual results may differ materially from the matters discussed today. During today’s presentation, we will highlight certain non-GAAP measures to provide a clearer picture of how the underlying business is performing and for comparative purposes with prior periods. When you