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TheStreet Open House

FMC's CEO Discusses Q3 2011 Results - Earnings Call Transcript

FMC (FMC)

Q3 2011 Earnings Call

November 01, 2011 11:00 am ET

Executives

Pierre R. Brondeau - Chairman, Chief Executive Officer, President and Chairman of Executive Committee

Brennen Arndt - Director of Investor Relations

D. Michael Wilson - President of Specialty Chemicals Group

Milton Steele - President of the Agricultural Products Group

Mark A. Douglas - President of Industrial Chemicals Group

W. Kim Foster - Chief Financial Officer and Executive Vice President

Analysts

Peter Butler - Glen Hill Investments

Laurence Alexander - Jefferies & Company, Inc., Research Division

Frank J. Mitsch - Wells Fargo Securities, LLC, Research Division

Michael J. Sison - KeyBanc Capital Markets Inc., Research Division

Kevin W. McCarthy - BofA Merrill Lynch, Research Division

Rosemarie J. Morbelli - Gabelli & Company, Inc.

Michael J. Harrison - First Analysis Securities Corporation, Research Division

Dmitry Silversteyn - Longbow Research LLC

Presentation

Operator

Good morning, ladies and gentlemen, and welcome to the Third Quarter 2011 Earnings Release Conference Call for FMC Corporation. [Operator Instructions] As a reminder, today's conference call is being recorded. I would now like to turn the conference over to your host, Mr. Brennen Arndt. Please go ahead.

Brennen Arndt

Greg, thank you, and welcome, everyone, to FMC's third quarter 2011 conference call and webcast. Joining me today are Pierre Brondeau, President, Chief Executive Officer and Chairman; Milton Steele, President, Agricultural Products; and Kim Foster, Executive Vice President and Chief Financial Officer. Pierre will begin the call with a review of our third quarter performance. Pierre will then turn the call over to Milton, who will provide an in-depth review of the current performance and outlook for industrial products group, as well as share his insights into the growth strategies that underpin Agricultural Products' sustainable premium performance. Following Milton, Kim will report on our financial position, and Pierre will complete the call by providing our outlook for the balance of the year and by taking your questions. Joining Pierre, Milton and Kim for the Q&A session will be Michael Wilson, President, Specialty Chemicals Group; and Mark Douglas, President, Industrial Chemicals Group.

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