Operator
Good morning and welcome to the Voya Financial First Quarter 2021 Earnings Conference Call. [Operator Instructions]
I would now like to turn the conference over to Michael Katz, Executive Vice President, Finance, Strategy and Investor Relations. Please go ahead.
Mike Kartz
Executive Vice President, Chief Strategy, Planning and Investor Relations Officer
Thank you and good morning. Welcome to Voya Financial s first quarter 2021 earnings conference call. We appreciate all of you who have joined us for this call. As a reminder, materials for today s call are available on our website at investors.voya.com or via the webcast.
Turning to Slide 2. Some of the comments made during this conference call may contain forward-looking statements within the meaning of federal securities law. This includes potential impacts related to COVID-19. I refer you to this slide for more information.
Oshkosh was named one of
Barron’s “100 Most Sustainable Companies” and has been included in the S&P Global Sustainability Yearbook 2021, both for the fourth consecutive year. Oshkosh Corporation has pledged to reduce greenhouse gas emissions and energy consumption, and continues to make investments in technology including the development of battery-powered products.
The company was also a recipient of the IDG CIO 100 Award for information technology excellence. This is the third consecutive year that Oshkosh has received this award. The company also received the IDG FutureEdge 50 Award for its innovative use of emerging technology, the first time they ve received this global award.
Tue May 11, 2021 - National Edition
JLG
Oshkosh Corporation recently has received several prestigious industry awards for the company’s ongoing ethical business practices, sustainability efforts and use of emerging and advancing digital technologies.
Oshkosh Corporation recently has received several prestigious industry awards for the company s ongoing ethical business practices, sustainability efforts and use of emerging and advancing digital technologies.
Committed to creating a more sustainable future, Oshkosh was named one of Barron s 100 Most Sustainable Companies and has been included in the S&P Global Sustainability Yearbook 2021, both for the fourth consecutive year.
Steadfast in sustainability initiatives, Oshkosh Corporation has pledged to reduce greenhouse gas emissions and energy consumption and continues to make investments in technology including the development of battery-powered products.
Q2 FY21 (comparisons versus prior year):
GAAP EPS of $2.13, down four percent; GAAP net income of $477 million, down three percent; and GAAP net income margin of 19.1 percent, down 300 basis points. These results include an estimated $0.10-$0.15 per share negative impact from COVID-19.
Adjusted EPS of $2.08, up two percent; adjusted EBITDA margin of 37.3 percent, down 300 basis points. These results include an estimated $0.10-$0.15 per share negative impact from COVID-19.
Q2 FY21 Highlights
Delivered base business excellence: Brought onstream sixth air separation unit in Chandler, Arizona and first cryogenic nitrogen plant in the Bayan Lepas Free Industrial Zone, Penang, Northern Malaysia to increase capacity to serve fast-growing electronics and other end-market demand
Promoted from Financial Times
The FT Investment in Brand Award 2021
In modern marketing, where brands are built step-by-step at every customer touchpoint, consistency is crucial. So The Drum is delighted to have teamed up with the FT once again to recognize the importance of long-term investment and planning to marketing success, as part of The Drum Awards for Marketing 2021.
Nowhere is this emphasis on a sustained approach more important than in establishing and maintaining a brand’s green credentials. So as we look to “build back better” in the wake of the pandemic, this year’s award will celebrate those marketers whose dogged commitment to a persistent strategy has advanced their brand’s ecological credibility and highlighted its environmentally sustainable business model.