Thank your joining you, Mark, and today. in Materials interest We for Company. call the Vulcan thanks to everyone appreciate
been our we're all taking our families work and at two measures that times us our challenge our We you operating healthy, safe. in people since began continuing to living customers both run As at and It's healthy rocks, while you months service and all, home. are company hope your crush proactively and and keep over protective know, to business.
you our well begin to as and I'd for of our our other by to patience, thank to communities. all and to like to as commitment their each Vulcan, the saying call their employees, flexibility customers,
part am great circumstances. of a difficult your doing I are very proud You under to be team. job,
didn't some It first good was and our line other wet than very disruption expectations much in a had experience with weather. quarter. We we
talk underlying crisis that to COVID-XX to across I'll about has responding Suzanne our over of economy. to economic we're business model I'd uncertainties then this how the the pandemic the quarter strength and speak and Vulcan's the goes proactively like Before results, to created
want fundamentals First, that unchanged. the business remain I underlying emphasize to driving our
is than more sound, is products business shifts resilient aggregates-focused in to demand adaptable other and Our our space. any
that We and have a built aggregates over years. was stable XX strong franchise
result, a long-term growth. that and inherent about strengths we our As remain provide company stability its will with confident
near are uncertain that to are extraordinarily these resilience. term, the In however, and test will times continue and resolve complex and our our
on make Our quickly approach to can control critical. is focus is effectively and thoughtful to these execute ability to decisive identify, take like and what to actions. decisions At to accurately and prioritize and times appropriate we the and
few our of top the that today. like mind priorities highlight a of I'd for are to management team
us. of a and protections, precautions of the on, First robust paramount and are implemented safety importance foremost, health set of to Early people and COVID-XX our procedures. Vulcan
working to us We in the health CDC safest the pleased guidance possible. working. are following tell organizations to and keep I'm other you, its the environment of
Second position. with this we are focused We crisis liquidity. entered sheet balance a on and our financial strong
the remainder our credit for we addition, supplementing loan our have of further to revolving including steps XXXX. a our existing and taken planned capital reducing term financial enhance facility In position, with prudent expenditures
remains improvement continuous Next, to vitally us. important
at what's commercial we Fourth, four that customers. our and more business communication. management This markets are We our into concentrating particularly with manage real-time and strategic in on ensures our are happening has and the capabilities our quarries, our to team utilizing execution excellence, our efficiently. insight immediate initiatives, on improve operational the ground,
to to to of or sharing changes and activity. cascade monitoring look also are process the practices where to participating adjust It particularly helps health possible to around promote align are the quickly respect employees and team with particularly us communication top allows operating safety. timing of to around our discussing and and -- business the health calls construction plans, in Our discussions our pandemic. and and corners the best the where This from the employees, functional we impacts constantly demand of the leaders decision-making in accelerate us
And the and perspective. planning, operational both finally, financial ahead focused and from the on we're contingency looking
these already took to we on a project ahead mentioned the and enhance Operationally, financial many plans among couple execute plans detailed trigger depending to to our timing has on Certain schedules, and timing. strong elements construction of include curve proactive already the developed our division pandemic's particularly reducing and project I underway around production items, cost changing us points of Now, allow effect contingency steps These plans position. other already are of costs. reduction activities. each well
the you see, steps many As are changing we can to taking to environment. adapt
are situation. monitoring evolving this vigilantly We
how Now, the what and I'll describe perspective for of an a to that shipment demand outlook from and remainder XXXX. translates we're seeing
During the first business. were we an designated essential quarter,
in As customers continued activity conditions we book and April. on a result, good the was shipment to our private markets, across continued backlogs their as and public These executed projects. generally both
some However, begun schedules shift and see about cancellations. our we adds have postponements project on some side, private to demand. This uncertainty the to including near-term
we have future backlogs to stay demand. busy, control We cannot sufficient but
and of we and our withdraw as a being previous the construction to guidance, unpredictability evolving reasonable the in and respect starts. to level a more ourselves realistic toward being world duration situation, So, a now quickly dynamic cautious. we have between XXXX. Therefore, we new more provided lack find the cautious previous We guidance earnings and the approach. economic with to we visibility, is a of balance thoughtful there try the believe strike pandemic to shift decided our given should of in When a for to balance project and just impact timing which
our continue monitor of to markets. all will aspects We
we'll more usual available resume providing our of data guidance. and practice visibility becomes As our improves,
over the hand call I'll Now, Suzanne for Suzanne? comments. to additional
