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November 3, 2011 10:00 AM ET
Giovanni Sardagna – Director, IR
Paolo Rocca – Chairman and CEO
Ricardo Soler – CFO
German Cura – North American Area Manager
Guillermo Vogel – VP, Finance
Alejandro Lammertyn – Eastern Hemisphere Area Manager
Ole Slorer – Morgan Stanley
Blake Hutchinson – Howard Weil
Stephen Gengaro – Sterne Agee
Julien Laurent – Natixis
Amy Wong – UBS
Christian Audi – Santander
Good day, ladies and gentlemen and welcome to the Q3 2011 Tenaris SA Earnings Conference Call. My name is Stephania and I’ll be your operator for today. At this time, all participants are in listen-only mode. Later, we will conduct a question-and-answer session. (Operator Instructions) As a reminder, this conference is being recorded for replay purposes.
I would now like to turn the conference over to your host for today, Mr. Giovanni Sardagna, Investor Relations Director. Please proceed.
Thank you and welcome to Tenaris’ 2011 third quarter results conference call. Before we start, I would like to remind you as usual that we will be discussing forward-looking information in the call and that our actual results may vary from those expressed or implied herein. Factors that could affect those results include those mentioned in the company 20-F and other documents filed with the SEC.
With me on the call today are Paolo Rocca, our Chairman and CEO; Guillermo Vogel, Vice President of Finance and member of our Board of Directors; Ricardo Soler, our CFO; Germán Curá, the Managing Director of our North American operation; and Alejandro Lammertyn, the Managing Director of our Eastern Hemisphere Operation.