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Lincoln Electric Holdings CEO Discusses Q2 2011 Results - Earnings Call Transcript

Lincoln Electric Holdings, Inc. ( LECO)

Q2 2011 Earnings Call

July 21, 2011 10:00 am ET


Vincent Petrella – CFO

John Stropki – Chairman and CEO


Chuck Murphy – Sidoti & Co

Tom Hayes – Piper Jaffray

Mark Douglass – Longbow Research

Walt Liptak – Barrington Research

Jason Rogers – Great Lakes Review

Steve Walter [ph] – KeyBanc



Greeting and welcome to the Lincoln Electric second quarter 2011 earnings call. At this time, all participants are in a listen-only mode. A brief question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad.

As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Mr. Vincent Petrella, CFO of Lincoln Electric. Thank you. Mr. Petrella, you may begin.

Vincent Petrella

And thank you, Latania and good morning to all of you that are joining our 2011 second quarter earnings call. Results for the quarter, I am happier, were issued this morning prior to the markets opening. Additional copies of the news release are available through the Lincoln Electric Investor Relations department or on our company website.

John Stropki, our Chairman and Chief Executive Officer, will start off the discussion today and provide some color on the quarter and the regions. Today’s call also includes a synchronized slide presentation which is available through the webcast and will be posted for replay. But before we start the discussion today, let me remind you that certain statements made during this call and during our discussions afterward may be forward-looking and actual results may differ from our expectations. Actual results may differ materially from the statements we make today due to a variety of factors that could adversely affect the company’s operating results. Risks and uncertainties that may affect our results are provided in our press release and in our SEC filings. Now let me turn the call over to John Stropki.

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