Good morning. My name is Audra, and I will be your conference operator today. At this time, I would like to welcome everyone to the Finia Second Quarter twenty twenty five Earnings Call. Today's conference is being recorded. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session. At this time, I would like to turn the conference over to Callon Ferris, Vice President of Investor Relations. Please go ahead. Thank you, and good morning, everyone. We appreciate you joining us. Our conference call materials were issued this morning and are available on Finian's Investor Relations website, including a slide deck that we'll be referencing in our remarks. We are also broadcasting this call via webcast. Joining us today are Brady Ardson, CEO and Chris Dropp, CFO. During this call, we will make forward looking statements, which are based on management's current expectations and are subject to risks and uncertainties. Actual results may differ materially from these statements due to a variety of factors, including those described in our SEC filings. We caution listeners not to place undue reliance upon any such forward looking statements. And with that, it's my pleasure to turn the call over to Brie. Thank you, Kellen, and thank you, everyone, for joining us this morning. I will start with some overall comments on the second quarter and then provide some thoughts on 2025 and beyond. Chris will then provide additional details on our financials and discuss our 2025 guidance. We will then open the call for questions. Earlier this month, we celebrated the two year anniversary of the spin off from our former parent. We've accomplished a lot in that short period of time, expanding into new markets, establishing a strong foundation, refinancing our debt and notably returning over $464,000,000 to shareholders in the form of dividends and share repurchases. For all their hard work and dedication, I want to say thank you to our entire Finia team. Now our results for the second quarter highlight the strength and resiliency of our business in the face of a challenging and unpredictable environment. Before getting into the specific operating results and commentary, I want to highlight a few key messages from the quarter. We returned approximately $50,000,000 to shareholders via share repurchase and dividends. Our balance sheet remains healthy. We're moving into new markets and winning new business, including Conquest. We recently announced our first acquisition. Both segments performed well as we managed tariffs. And lastly, we are refining to a narrow 2025 guidance. Now let me discuss each of these in more detail. During the second quarter and for the first time since the spin, both aftermarket segment sales and Fuel Systems segment sales were higher on a year over year basis, albeit benefiting from favorable FX and customer tariff recoveries. It was still nice to see. Net sales in the quarter were $890,000,000 up 2.5% from the same period of the prior year, which included contract manufacturing or CMA sales. Excluding the impacts of foreign currency and CMAs that ended in 2024, sales increased 1%. Both segments also had strong adjusted operating income performance, aftermarket again over 16% and fuel systems returning above 10% to 11.5%. While the external environment continues to evolve, our results reflect our strong operational execution along with our diverse products, markets and customers we serve, which drive more stable and predictable results. We reported adjusted EBITDA of $126,000,000 with a margin of 14.2%, a 60 basis point year over year expansion. Our EBITDA margin expansion highlights the success of the actions we are taking, which include an increased focus on pricing, supplier cost savings efforts and productivity improvements. Total segment adjusted operating margin was 13.4%, a 120 basis point increase when compared with the second quarter of twenty twenty four. We are also starting to show solid progress on reducing our tax rate and have adjusted our expected range for the full year accordingly. Adjusted earnings per diluted share excluding non operating items as detailed in the appendix was $1.27 up from $0.88 in the same period of the prior year. In an uncertain market, our performance in the first half was solid. Let me now provide a quick update on the impact of tariffs. Our strategy to source and produce in the same region where we sell to customers not only results in improved customer service, but also limits our exposure to tariffs. The diversification of our customer base and our geographic footprint puts us in an advantaged position. To the extent we have direct tariff exposure, we believe we have substantially mitigated the current tariffs with customer price increases, tariff recoveries from OEMs and supply chain initiatives. We still had a net headwind in Q2, but substantial progress has been made and we expect further progress in Q3, including completing the necessary customer audits. As a reminder, the majority of our products produced in Mexico are USMCA compliant and we continue to work with customers and look at our operations for ways to drive our compliancy higher. Our strong financial performance in the quarter is a testament to our team's disciplined execution in a highly dynamic environment. We remain nimble and focused on delivering positive revenue growth while managing costs in a deliberate manner and leveraging our global sourcing infrastructure to adeptly respond to geopolitical and market uncertainties. Let us now move to Slides five and six for a discussion of new business wins. We continue to leverage our strengths, particularly during these uncertain times, offering our customers great products manufactured at state of the art facilities, industry leading SKU coverage and order fill rates. Our well recognized brands and high quality products are helping us secure new customers and increasing share of wallet with existing customers. We are privileged to work with a diverse and innovative group of customers. Now let me highlight a few recent business wins on Page five. New business award for our gas direct injection or GDI fuel rail assembly and pump for a leading domestic Chinese OEM to be applied on new hybrid engine platform for multiple vehicle models within China and for a Brazilian market FlexFuel E100 application. First GDI pump business with a leading North American OEM a port fuel injection or PFI compressed natural gas injector for a major Indian OEM, our first PFI application with this customer. Moving next to our aftermarket business, which is an important driver of sales. As shown on slide six, we're also winning both new business and expanding relationships with existing customers. We highlighted an aftermarket business win with a new diesel fuel injection service with major off road equipment supplier in our earnings release. But as shown on this page, there were other key wins across product lines and geographic regions, including share of wallet gains with customers, growing our propulsion agnostic braking and suspension technology. The outlook is encouraging for nondiscretionary aftermarket parts for the internal combustion engine market. According to industry reports, the average age of U. S. Light vehicles increased by two months for the second consecutive year and rose to roughly twelve point eight years according to the same report. We're focused on leveraging our ability to offer a broad range of products for all makes and models, not only light passenger vehicles globally, but also light commercial trucks, medium duty trucks and heavy duty Class A trucks. Tariffs continue to cause uncertainty, but despite these challenges, we expect rational prices for our products from our customers. We remain committed to offering quality products and being a reliable partner. This, combined with exceptional value added services, will continue to distinguish our company. Our expanded portfolio of innovative solutions has further diversified our end markets. As I mentioned on a previous call, we're now winning new business in the aerospace and defense industry, and we're actively pursuing additional opportunities across both military and civil aviation. To support this initiative, we recently exhibited at the Paris Air Show, our first time as an exhibitor. We are bringing our expertise for high performance applications to this industry and are committed to becoming a long term high value partner in the global aerospace supply chain. As a reminder on Slide seven, our long term strategy is to grow our CV industrial and aerospace OE business and aftermarket and service offerings, which currently account for 73% or roughly $2,500,000,000 of our revenues, while maintaining our light vehicle OE sales level at roughly $900,000,000 through market share gains. Favorable long term industry dynamics continue to bode well for the company and we're well positioned for sustainable top and bottom line growth. Now moving on to Slide eight, capital allocation. Consistent with our capital allocation priorities to invest in our business for the long term profitable growth, we invested $34,000,000 in capital expenditures during the quarter. I'm also pleased that in June we announced our first acquisition with plans to acquire Swedish Electromagnetic Invest or SEM, a 100 year old leading provider of advanced natural gas, hydrogen and other alternative fuel ignition systems, injector stators and linear position sensors for the commercial vehicle and off highway sectors. This strategic transaction brings together two industry leaders in alternative fuel technology. SEM also opens up adjacent market opportunities for us as well as providing customers with a wider range of products and turnkey solutions. We will pay approximately $47,000,000 for SEM, which is expected to generate approximately $50,000,000 in annual revenue and approximately $10,000,000 of annual adjusted EBITDA. We expect the transaction to close in the third quarter. Also on the capital allocation front, during the quarter, we returned $50,000,000 to our shareholders, including $10,000,000 in quarterly dividends and $40,000,000 in share repurchases. We have $224,000,000 remaining under the current repurchase authorization, and we expect to continue to look at what's best for our shareholders on a quarterly basis. Since the spin off in July, we have repurchased approximately 18.6 of the outstanding shares. We have a solid balance sheet with cash and cash equivalents of $347,000,000 and combined with our undrawn revolver, our total liquidity is approximately $850,000,000 Importantly, our net leverage ratio remained at 1.4, just under our 1.5 times target. Looking forward, global economic activity remains subdued, but we continue to perform well and are maintaining our full year outlook, which Chris will discuss in more detail. To wrap up, we're pleased with our solid first half performance and the momentum we carry into the second half of the year. This reflects the operational improvements we've made and continue to make throughout the business. Despite ongoing economic uncertainties, we are optimistic and encouraged by our team's execution. Looking to Q3, I look forward to another milestone when we compare our results to a clean numbers from 2024 as we had substantially exited all TSAs and CMAs by then, along with all corporate costs being in place. With that, I'll hand it over to Chris, who will walk us through our Q2 results and discuss our outlook for the year. Chris? Thanks, Brady, and thank you all for joining us this morning. As a reminder, reconciliations of all non GAAP financial measures that I will discuss can be found in today's press release and in the presentation, both of which are on our website. Looking at Slide four. Our business and financial results were solid and in line with our expectations in the face of a challenging geopolitical economic environment. We generated $890,000,000 in net sales, an increase of 2.5% versus the same period a year ago. In contrast to the first quarter, we experienced favorable foreign exchange tailwinds and began recovery of new tariff regimes from customers. Excluding the impact from foreign currency and contract manufacturing sales that ended last year, sales increased 1% year over year, reflecting the noted tariff recovery and improved pricing. Our aftermarket segment sales were up slightly year over year, primarily due to favorable FX, tariff recovery and volume increases in the European aftermarket. This was partially offset by lower OE volumes in North America, mainly related to heavy duty product lines. Fuel Systems segment sales were up 3.7%, including prior year contract manufacturing sales or 4.7% excluding the effect of contract manufacturing. The increase in Fuel Systems was also attributable to favorable FX and customer tariff recoveries. From a core business performance standpoint, our segments reported solid overall margins. Q2 segment adjusted operating margin was healthy at 13.4%, up 120 basis points from the same period of the prior year. This was primarily related to favorable volume and product mix combined with positive supply chain savings offset by net tariffs and other costs. Our adjusted net earnings per diluted share in the second quarter were 1.27 which excludes nonoperating items, which are described in the appendix of our presentation and influenced by lower share count as we continued share repurchases. Moving to Slide 10. Adjusted operating income was $94,000,000 or 10.6%, up 90 basis points. Corporate costs were higher mainly on increased employee stock compensation plans. The aftermarket segment margin increased 100 basis points ending the quarter at 16.1%, benefiting from favorable product mix. This was partially offset by some slower customer tariff recoveries, which we expect to recover via pass through to customers in the coming months. Q2 Fuel Systems segment margins were 11.5%, up 140 basis points year over year primarily due to supply chain savings, productivity improvements and favorable foreign currency impacts. Let me now bridge our adjusted revenue and adjusted EBITDA for the second quarter, which you can find on pages eleven and twelve in the presentation. Beginning with revenue. Compared to Q2 twenty twenty four, FX was a tailwind of $18,000,000 as the dollar weakened mainly against the British pound and euro. Revenue in the quarter also benefited from tariff recovery of 5,000,000 Overall, we saw strength in sales with an independent aftermarket in Europe, light passenger and light commercial vehicle sales in China, while commercial and heavy duty vehicle sales remained flat to down in all regions. Moving next to the bridge on slide 12. Adjusted EBITDA was $126,000,000 with a margin of 14.2%, representing a year over year increase of $9,000,000 and 60 basis points. Higher sales created a tailwind of $6,000,000 in the quarter on positive product sales mix. Corporate costs were higher by $4,000,000 reflecting increased employee costs. Foreign exchange created gains of 8,000,000 Supplier cost savings were a tailwind of $6,000,000 offset by net tariff cost of $2,000,000 and other cost of $5,000,000 Now for a quick recap of our balance sheet and cash flow. Maintaining a healthy balance sheet is a priority for us and provides the financial flexibility to support our growth initiatives and capital allocation priorities. We ended the quarter with substantial current liquidity. Cash and cash equivalents were $347,000,000 while available capacity under our credit facilities remained at approximately $500,000,000 for resulting liquidity of approximately $850,000,000 Net cash generated from operations in Q2 was $57,000,000 compared to $109,000,000 in the same period of the prior year. During the quarter, adjusted free cash flow was $20,000,000 compared to $108,000,000 in the same period of the prior year. Working capital was negative in the quarter as our aftermarket segment added strategic inventory to help ensure full product coverage over the busy summer season in addition to timing for capital spend. We continue to remain confident in our ability to generate full year adjusted free cash flow in the $160,000,000 to $200,000,000 range as noted and reiterated in our 2025 outlook. Capital spend was $34,000,000 or 3.8% of sales and $69,000,000 or 4.1% of sales for the three and six month periods, respectively. Funds were primarily used for investments in new machinery and equipment for new program launches. Now moving to Slide 13 for a discussion of our 2025 outlook. As a reminder, more than 60% of our sales are generated outside of The U. S, and our strategy is to source and produce in the same region where we sell to customers, which reduces our tariff exposures. Also as a reminder, we have not closed on the announced SEM acquisition, so our outlook does not factor in the proposed transaction. With all this in mind, we are refining our outlook on net sales to increase the low end from $3,230,000,000 to $3,330,000,000 and keeping the high end of our range the same at $3,430,000,000 This projection tightens our expected sales range and acknowledges the increased sales as a result of tariffs and foreign exchange, offset by continued softness in our CV business. Adjusted EBITDA and adjusted EBITDA margin are projected to be $455,000,000 and 13.7% of sales to $485,000,000 and 14.1% of sales. Adjusted from our previous guidance of $450,000,000 and 13.7% of sales to $490,000,000 and 14.5% of sales. The performance of our segment gives us confidence that we can achieve our originally stated adjusted EBITDA. However, the addition of tariff revenue with zero margin will result in a slightly lower percentage of sales return. We project no changes to our full year adjusted free cash flow guidance, which remains strong despite minor delays related to timing on tariff recovery. Our adjusted tax rate is now projected to be an improved 36% to 40% range from our original projection of 38% to 42% as ongoing tax structuring projects gain traction and progress. We do not expect this will have a material impact on our cash taxes in 2025. Our diverse and global customer base continues to provide resilience to our business in the face of a challenging macroeconomic environment. This strong foundation, combined with our performance year to date and our outlook for the second half, gives us a high level of confidence in our trajectory for the remainder of the year. We remain extremely proud of the focus and execution demonstrated by our teams who continue to drive value for our customers and shareholders alike. We will continue to execute on our strategic priorities in operating with excellence and driving productivity. We are pleased with our financial performance to date and are optimistic about the second half of the year as the teams are expected to welcome and work to integrate the SEM business into Finia. In closing, we remain firmly committed to building sustainable value for all our stakeholders. Thank you all for your attention today, and we will now move to the Q and A portion of our call. Operator, please open the lines for questions. Thank you. We will now begin the question and answer session. We'll take our first question from Bobby Brooks at Northland Capital Markets. Hey, good morning, guys. Thank you for taking my questions. So it was really great to see such a strong bounce back in the business from the first quarter. And you guys touched on it a little bit, but I was curious if you could dive a little bit deeper on the dynamics driving that. Obviously, you guys had very good visibility on the bounce back, but maybe it was more so dynamics in the first quarter that were dragged and alleviated in 2Q. Just curious to hear more discussion on this. Yes. As we kind of explained at the end of Q1 call, things came back from the kind of the Christmas holiday shutdown a little bit slower. And it took a little bit of a while to kind of for folks to kind of ramp up as they did some inventory adjustments. And we kind of saw that and tried to communicate that into Q1, which is why we had confidence in us still hitting H1 kind of expectations and with what the order board that we saw for Q2. Obviously, it had a little bit of benefit with FX and a little bit of benefit with tariffs. But again, we saw some of that already coming in at the end of Q1. So we continue to see good momentum going into the second half as well, which is why we upped the lower end of our revenue guide as well. Got it. And then so you mentioned you hosted a booth for the first time at the Paris Air Show during the quarter. I was just curious to hear what were the conversations like there. And maybe remind us on the timing and what exactly are some of those aerospace certifications you're working towards this year for launching your first product producing your first products in the fourth quarter? Yes. We've got our first launch in the fourth quarter, our second launch in Q1 of next year. Things are progressing well. I think at the Paris Air Show as well, we got our kind of first piece kind of plaque from customer. Safran is the one that we're working with. And so had great meetings with them as well as great meetings with a number of other folks while we were there. Our our certification process is going well. We had another audit here this past month or actually, earlier this month went well, and we're just kinda going through that process. And so we're on pace to get fully certified and approved. And I think the final certification will come a little bit after SOP because they want to see some of the production going through, but everyone's very confident and excited about our progress so far. Got it. Then could you just for my last one, could you just dive a little bit deeper on the strategic rationale behind this SEM acquisition? Do you guys see significant cross sell opportunities to your current commercial vehicle customer base? And maybe how should we think about the growth opportunity with this? Because it seems like a really unique technology you could leverage. Yes. I mean, obviously, they're focused on a lot of alternative fuels, hydrogen, natural gas and others. That's an area that where we have a lot of fuel injection, and we have the engine control unit. And so we have a number of applications and test engines that we have going on or with customers that has the SEM ignition system, our injection system, and our ECU that's controlling the calibration of both the ignition as well as the fuel injection. And so we see this as a nice opportunity to provide greater system solutions for our customers because we're already doing a lot of the calibration work on these components. And so this is a way for us to provide better service to them. And two, SEM is a small company, and they've had a difficult time expanding globally. And so we can leverage our existing manufacturing sites, our existing engineering teams that are in all of the different regions to support customers locally and accelerate their growth. Our view is that on the commercial vehicle and industrial side, alternative fuels, more carbon neutral and carbon free fuels, are a good trend. And so we see opportunities for this product line to continue to grow along with our alternative fuel injection systems. Appreciate the color as always, Brady. Thank you very much, and I'll return to the queue. Thank you. Thank you. We'll move next to Jake Scholl at BNP Paribas. Hey, guys. First, I just wanted to ask about the Ford recall announced in the quarter. So Ford announced a recall of 850,000 vehicles for a potentially faulty fuel pump. Finia was the supplier named in the recall. So could you talk about just any impact you expect to have on your financials this year from the recall? Yes. I mean, we there's nothing. We've updated our well, I guess, we didn't update our disclosures, and there's really nothing for us to kind of say. I think this is a it's a Ford issue. They made a decision. They're working with NHTSA on that decision, and we're comfortable with our numbers at this point. Any specific questions on the cause or why, we would reference to the Ford Motor Company. All right. Thanks, Brady. And then can you talk a little bit about your capital allocation intentions for rest of the year? You did $42,000,000 of buybacks in the quarter when most of the suppliers didn't do anything. And we also have the SEM acquisition closing later this year. So how do you think about repurchases for the remainder of the year? Just to clarify, I think the total was actually 40,000,000 I think there was $2,000,000 of tax, I think, on there, the excise tax that comes with some of those buybacks. Again, as we mentioned in the call, we're going to continue to look at it. We still have a very strong balance sheet. We have plenty of cash. Cash flow was a little bit lighter than we wanted in Q2 because of some of the working capital, but we're confident that we'll work through that throughout the year. And so we'll still have plenty of cash flow even after the SEM acquisition. We're still under our leverage target as well. And we still feel that as we purchased in the quarter, we thought it was a good investment for our shareholders to continue to purchase our shares at these prices. So I think we'll continue to look at it on a quarterly basis and take a look at our cash flow and our expectations and make a decision on our repurchase plans for the quarter. But I think we've mentioned in the last one, SEM is not going to I mean, it'll some of our cash, but it's not it's maybe a typical one quarter of our cash flow. And so we don't feel pressured on our cash or our balance sheet at this point. All right. Thanks, Brady. We'll go next to Joseph Spak at UBS. Good morning, everyone. I guess just to Chris, maybe just to confirm, I'm just going through some of the notes you said. The tariff recoveries was you said 6 I'm sorry, I think you said about 6,000,000 or $5,000,000 recoveries. My notes are actually a little bit shaky here. But I just want to confirm, that was related to tariffs? And then you said the net tariff was minus 2,000,000 So are those are you talking about the same thing there when you're talking about recoveries and the net tariff headwind? Joe, so the total tariff is I mean, you can see it in our Q pretty clearly. In the quarter, we recovered $9,000,000 and then we had 11,000,000 outgoing, so that's the net of 2,000,000 negative. Combines with the $4,000,000 that we had in Q1. So we see we're going to get it back all full year. But so right now I mean so $9,000,000 is the starting point for starting to recovery, but there's just a little bit that's lagging. Yes. Think the team did a good job. I think we closed the gap. I think as I mentioned, we're we still got a little bit of work to do here in Q3 to kind of finalize that out. But team is making good progress. Just a one note, I don't think the queue is out yet, so we may not have the Sorry. Sorry about that, Joe. I in my own world. Well yeah. So so then I get okay. Yeah. So that I guess okay. So that then if I, got, like, slide 12, how does that that you said supplier savings are recovering $6,000,000 So how do I guess how does that sort of tie into sort of the numbers you just gave? Like, that's sort of where I'm little bit confused. Supplier savings is just GSM material savings. So that is not the same thing. Then if you go down, it says tariff cost net of recovery of two. So it's see. If you go to the I mean, so we're not laying out the tariff in here. When the Q comes out, you'll see it very plainly because it's in the walk. So here, it's a little bit more. But the supplier savings is literally just our GSM guys working on cost savings and material cost downs. Okay. Okay. And then I guess since the queue is not yet out, but Brady, in relation to an answer earlier about the fuel pump issue with Ford, mentioned you updated your disclosures. Is there anything else you could tell us there? Like was there sort of a change to your accrual balance? And just broadly, when issues do arise, how does the rule of thumb for who's for what work, like parts versus labor? Or is that just a negotiation with your customers and maybe NetSol? Yes. I guess in the Q, there's no change to our disclosures and no change to our expected accruals. They're kind of in line. This is just unique in the fact that it's public. There's a lot of different discussions we have with customers, and it's a complex system. And so it was we were just caught involved here just recently in that, and we'll leave it to Ford to kind of have any specific response to that. But at this point, there is no change on our side. Okay. But is is that conversation with your with Ford finalized at this point? Or is that still an ongoing discussion? I mean, they haven't announced the fix yet, so they don't have a solution of how they're going to solve it. So it's still an ongoing discussion as we have many ongoing discussions in general. Okay. Thanks so much, team. Thank you. Thank you. And that concludes our Q and A session. I will now turn the conference back over to Brady Erickson for closing remarks. Great. Thanks, everybody. Thanks for the questions. Really appreciate it. And again, just want to thank all of our employees around the world. A good solid quarter. We're kind of taking a look at things. And I think it's one of our revenue wise, one of our best quarters since we spun really good EPS from the team as well and really good solid performance in a relatively challenging market. And we expect to continue to operate in a very efficient manner kind of going forward and really thank the team for that. So thank you very much, and we'll talk to you soon. Thank you. And this concludes today's conference call. Thank you for your participation. You may now disconnect.