Dresser-Rand Group Management Presents At Pritchard Capital's 9th Annual Energize Conference (Transcript)

Dresser-Rand Group, Inc. (DRC)

Pritchard Capital’s 9th Annual Energize Conference (Transcript)

January 05, 2012, 11:25 p.m. ET

Executives

Blaise Derrico - Director, IR

Presentation

Unidentified Analyst

Compare to:
Previous Statements by DRC
» Dresser-Rand Group's CEO Discusses Q3 2011 Results - Earnings Call Transcript
» Dresser-Rand Group's CEO discusses Q2 2011 Results - Earnings Call Transcript
» Dresser-Rand Group Inc. Q4 2008 Earnings Call Transcript

Good morning. Thank you all for being here and we thank Dresser-Rand for presenting at our conference. We have Blaise Derrico and he will do the presentation. The breakout room after this will be in the press room which is over that way. So, Blaise.



Blaise Derrico

Thank you. Good morning. I want to thank Pritchard Capital for inviting us to talk about Dresser-Rand today. This is fourth time we have been at the Pritchard conference. So, we do appreciate the invitation, we appreciate (inaudible) support and covering the company.

Real quick, this is the Safe Harbor, we are all familiar with the Safe Harbor that there may be forward-looking statements made are non-historical facts and there is risk associated with forward-looking statements, because actual results may differ materially from those statements.

Just to start Dresser-Rand, Dresser-Rand we serve the energy infrastructure. In 2010 we had revenues of approximately $2 billion this year with recent acquisition of Grupo Guascor which we closed in May of 2011. Our revenues will be approximately 2.5 billion and as we look to 2012 our expectation is for revenues to be up approximately 20% approaching 3 billion. We have a fairly extensive global footprint with 75 sales offices worldwide, 45 service and support centers and 13 manufacturing locations, four of those manufacturing locations are here in the U.S., the balance are in different parts of the world. One of our largest facilities is in Le Havre, France. We have two facilities in Germany, one in the UK, one in China and one in India.

1 2 3 Next › Last »