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Bemis' CEO Discusses Q2 2011 Results - Earnings Call Transcript

Bemis (BMS)

Q2 2011 Earnings Call

July 27, 2011 10:00 am ET


Melanie Miller - Vice President of Investor Relations and Treasurer

Scott Ullem - Chief Financial Officer and Vice President

Henry Theisen - Chief Executive Officer, President and Independent Director


Ghansham Panjabi - Robert W. Baird & Co. Incorporated

Benjamin Wong

Stewart Scharf - S&P Equity Research

Philip Ng - Jefferies & Company, Inc.

James Armstrong - Henry Armstrong Associates

Timothy Thein - Citigroup Inc



Good day, everyone. Welcome to the Bemis Second Quarter 2011 Earnings Release Conference Call. This call is being recorded. For opening remarks and introductions, I will now turn the call over to the Vice President and Treasurer for Bemis Company, Ms. Melanie Miller. Ms. Miller, please go ahead.

Melanie Miller

Thank you, operator. Welcome to our second quarter 2011 conference call. Today is July 27, 2011. After today's call, a replay will be available on our website,, under the Investor Relations section. Joining me for the call today are Bemis Company's President and Chief Executive Officer, Henry Theisen; and our Vice President and Chief Financial Officer, Scott Ullem. Today, Henry will begin with comments on the performance of the business, followed by Scott with comments on the detailed financial results. [Operator Instructions]

Before we begin, I'd like to remind everyone that statements regarding future performance of the company made in this teleconference are forward-looking and are subject to certain risks and uncertainties. Actual results may differ materially from historical, expected or projected results due to a variety of factors, including currency fluctuation, changes in raw material costs and availability, industry competition, unexpected consumer buying trend, changes in customer order patterns, our ability to pass along increased costs in our selling prices, changes in government regulatory requirements, interest rate fluctuations and regional economic conditions. A more complete list of risk factors is included in our regular SEC filings, including the most recently filed Form 10-K for the year ended December 31, 2010.

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