Service Corporation International (SCI) UBS Global Healthcare Conference 2025 November 11, 2025 1:15 PM EST
Company Participants
Aaron Foley – Senior VP & Treasurer
Conference Call Participants
Albert Rice – UBS Investment Bank, Research Division
Presentation
Albert Rice
UBS Investment Bank, Research Division
So hello, everybody. Thanks for the next presentation. We have Service Corp International, and we’re very pleased to have Aaron Foley, Senior Vice President and Treasurer; Andrea Low, Director of Investor Relations. So Aaron, thanks for doing this again this year.
Aaron Foley
Senior VP & Treasurer
Thanks, A.J.
Question-and-Answer Session
Albert Rice
UBS Investment Bank, Research Division
We’re 10 months into the year. What are some of the things you highlight as surprises, positives, challenges that the company has faced. How would you sum up the year up to this point?
Aaron Foley
Senior VP & Treasurer
Sure. So obviously, we look at things on a funeral and a cemetery segment type basis. I’d say the volumes actually hung in there really well versus kind of what our expectations were coming in, in February. We had expected a slight decline in volume because we’ve seen a lot of volatility in those trends from a seasonality perspective throughout the year. We took our 2017, ’18, ’19 average seasonality over that time period, kind of put it on top of that decline in volume. And we’ve really hit that pretty close every single month of this year. For example, this past third quarter, where we posted a 3% decline in volume, we’d expected that based on a normalized seasonality trend. So I’d say that volume really kind of seems to have normalized, and we’ve gotten a lot of the volatility out.
And I think that we should see continued foundational strength from here going forward. So I’d consider that
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