President, Chief Executive Officer & Director, Carpenter Technology
Search every verified Tony Thene interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. During a September 2024 earnings call, Carpenter Technology CEO Tony Thene stated that the company had exceeded prior performance expectations and projected a second quarter comparable to the first, despite planned maintenance and two major holidays. Thene said the company expects an additional 28 to 35 percent growth after the first two quarters, describing the growth as "very impressive." He attributed the company's outlook to work centers that are "still not running at the rates that we know they can run at," adding that this provides "line of sight" to second-half performance.
“We actually exceeded that number and now we come in and say that the second quarter is going to be another impressive quarter just like Q1, even though we'll continue to do our planned maintenance and it has two major holidays in there, we're still going to operate at that level.”
“We said that even after those two quarters put together, we're going to do another 28 to 35% on top of that. It's very impressive growth.”
“Some of these work centers are still not running at the rates that we know they can run at; that's how we have line of sight to that second half.”
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