This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Graphic Packaging Holding's CEO Discusses Q3 2011 Results - Earnings Call Transcript

Graphic Packaging Holding (GPK)

Q3 2011 Earnings Call

October 27, 2011 10:00 am ET

Executives

David W. Scheible - Chief Executive Officer, President and Director

Brad Ankerholz - Investor Relations

Daniel J. Blount - Chief Financial Officer and Senior Vice President

Analysts

Mark Kaufman - Rafferty Capital Markets, LLC, Research Division

Ian A. Zaffino - Oppenheimer & Co. Inc., Research Division

Joseph Stivaletti - Goldman Sachs Group Inc., Research Division

Matthew R. Wooten - Robert W. Baird & Co. Incorporated, Research Division

Alex Ovshey - Goldman Sachs Group Inc., Research Division

Philip Ng - Jefferies & Company, Inc., Research Division

Unknown Analyst -

Phil M. Gresh - JP Morgan Chase & Co, Research Division

Presentation

Operator

Good morning. My name is Cody, and I will be your conference operator today. At this time, I would like to welcome everyone to the Graphic Packaging Third Quarter 2011 Earnings Call. [Operator Instructions] And I would like to turn the call over to Brad Ankerholz, Vice President and Treasurer. Sir, you may begin.

Brad Ankerholz

Thank you, Cody. And good morning to everybody. Welcome to the Graphic Packaging Holding Company's Third Quarter 2011 Earnings Call. Commenting on results this morning will be David Scheible, the company's President and CEO; and Dan Blount, our Senior Vice President and CFO. To help you follow along with today's call, we've provided a slide presentation which can be accessed by clicking on the Q3 earnings webcast link on the Investor Relations section of our website at graphicpkg.com. I would like to remind everyone morning that statements of our expectations in this call constitute forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Such statements, including but not limited to, statements relating to the recovery of raw material, inflation costs, consumer demand and pricing trends, capital expenditures, cash pension contributions and pension expense, depreciation and amortization, interest expense, debt and leverage reduction, performance improvements, and cost reduction initiatives, including the closure of facilities, are based on currently available information and are subject to various risks and uncertainties that could cause actual results to differ materially from the company's present expectations. These risks and uncertainties include, but are not limited to, the company's substantial amount of debt, inflation of and volatility in raw material and energy costs, cutbacks in consumer spending that could affect the demand of the company's products, continuing pressure for lower cost products and the company's ability to implement its business strategies, including productivity initiatives and cost reduction plans.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs