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Jason Industries' (JASN) CEO Brian Kobylinski on Q4 2017 Results - Earnings Call Transcript

Mar. 01, 2018 2:15 PM ETJason Industries, Inc. (JASN)
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Jason Industries, Inc. (OTC:JASN) Q4 2017 Earnings Conference Call March 1, 2018 10:00 AM ET


Brian Kobylinski - CEO

Chad Paris - CFO

Rachel Zabkowicz - VP, IR


Brad Noss - Roth Capital Partners


Greetings and welcome to the Jason Industries' Fourth Quarter 2017 Earnings Conference Call. [Operator Instructions]. As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host, Rachel Zabkowicz, Vice President of Investor Relations. Thank you, Ms. Zabkowicz, you may begin.

Rachel Zabkowicz

Good morning and thank you for joining us today for the Jason Industries' fourth quarter 2017 conference call to discuss our earnings results. If you have not received the slide presentation for today's call, you can access it on our Investor Relations web site, at investors..jasoninc.com, and following the link to our events and presentation page. With me today is Brian Kobylinski, our Chief Executive Officer; and Chad Paris, our Chief Financial Officer.

Before we begin this morning, please be advised that this call will involve forward-looking statements regarding the company and its businesses, as noted on slide 2 of today's presentation. The company's actual results could differ materially from any forward-looking statements, due to several important factors described in the company's latest SEC filings. The company assumes no obligation to update any forward-looking statements made during this call.

We will begin this morning with our CEO, Brian Kobylinski. Koby?

Brian Kobylinski

Okay. Lots to cover today. So a few summary thoughts before we dive into the details. We delivered revenue to our expectations for the year, exceeded adjusted EBITDA and free cash flow guidance, and reduced our net debt leverage by over three quarters of a term. Execution of targeted growth initiatives, operational improvement programs, and self-help projects drove our results in 2017. Simply stated, we did what we said we were going to

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