Acergy S.A. Q2 2010 Earnings Call Transcript

Acergy S.A. (ACGY)

Q2 2010 Earnings Call Transcript

July 14, 2010 10:00 am ET

Executives

Karen Menzel – Group Manager, IR

Jean Cahuzac – CEO

Simon Crowe – CFO

Analysts

Ian MacPherson – Simmons & Co.

Kevin Simpson – Miller Tabak

Stephen Gengaro – Jefferies & Co.

Fiona Maclean – Merrill Lynch

Mick Pickup – Barclays Capital

Frederik Lunde – Carnegie

Geoffrey Stern – Cheuvreux

Eric Tonne – Arctic Securities

Henry Tarr – Goldman Sachs

Truls Olsen – Fearnleys

Geir Sandnes – RS Platou Markets

Presentation

Operator

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» Acergy S.A. Q1 2010 Earnings Call Transcript
» Acergy S.A. Q3 2009 Earnings Call Transcript
» Acergy S.A. Q2 2009 Earnings Call Transcript

Welcome to the Acergy second quarter 2010 results conference call. At this time, all participants are in a listen-only mode. There will be a presentation followed by a question-and-answer session. I must advise you that this conference is being recorded today, Wednesday, the 14^th of July 2010.

I’d now like to hand the conference over to your first speaker today, Karen Menzel. Please go ahead.

Karen Menzel

Thank you and good afternoon. Joining us on the line today are Jean Cahuzac, our Chief Executive Officer and Simon Crowe, our Chief Financial Officer. The earnings release for the second quarter which ended on May 31, 2010 can be found on our Web site along with the presentation slides we will be using during this call, which will today focus on our business and financial results.

Before we start the presentation, may I remind you that certain statements made in the course of this conference call, which express the Company’s intentions, beliefs and expectations are forward-looking statements within the meaning of the U.S. Federal Securities Laws.

Actual future results and trends could differ materially from those which are in such statements due to various factors. Details of these can be obtained from time to time in the Company’s SEC filings including the Company’s Annual Report on Form 20-F. Copies of these filings maybe obtained either from our Web site or from the SEC. May I also draw your attention to the more detailed disclosure on forward-looking statements that appears in today’s announcement.