Darling Ingredients Inc at Gabelli Funds Waste & Sustainability Symposium (Virtual) Transcript

May 11, 2023 / 02:00PM GMT
George Anthony Bancroft - Gabelli ETFs Trust - Gabelli Commercial Aerospace and Defense ETF - Portfolio Manager

All right. Next up, we are fortunate enough to have with us today Darling Ingredients. Representing Darling today, we have CEO, Randall Stuewe. As you know, Randall joined Darling in 2003 as Chief Executive Officer. Darling is based in Irving, Texas, is a global sustainable feed fuel and food producer. Darling has 160 million shares outstanding, trades at around $63 for a $10 billion market cap and about $4 billion of net debt.

Let's welcome Randy up here today. Thank you, Randy, for coming. I'm sorry. We have Brad, the CFO, Brad Phillips as well, I apologize. Welcome, Brad. Thanks for being here today, gentlemen.

Questions and Answers:

George Anthony Bancroft - Gabelli ETFs Trust - Gabelli Commercial Aerospace and Defense ETF - Portfolio Manager

Maybe let's just start off with some all the interesting stuff going on at Darling, particularly on Diamond Green Diesel. Can you tell us -- just give us an update on what's going on there?
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