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Ashland's Management Discusses F1Q12- Earnings Call Transcript

Call start: 9:01

Call end: 10:02

Ashland Inc. ( ASH)

2012 First Quarter Earnings Call

January 24, 2012, 9:01 a.m. ET

Executives

David Neuberger - Investor Relations

James O'Brien - Chairman and Chief Executive Officer

Lamar Chambers - Senior Vice President and Chief Financial Officer

John Panichella - Senior Vice President and President, Ashland Specialty Ingredients

Paul Raymond - Senior Vice President, Ashland Inc., and President, Ashland Water Technologies

Analyst

John McNulty - Credit Suisse

Michael Sison - Keybanc Capital Markets

Robert Walker - Jefferies

Michael Harrison - First Analysis Corp

Ram Sivalingam - Deutsche Bank

Dmitry Silversteyn - Longbow Research

Christopher Shaw - Monness, Crespi, Hardt

Presentation

Operator

Good day, ladies and gentlemen. Welcome to the Ashland’s first quarter earnings call. At this time all participants are in a listen-only mode. Later, we will conduct a question-and-answer session and instructions will be given at that time. (Operator Instructions) As a reminder, today’s call is being recorded.

I would now like to turn the conference over to your host David Neuberger, sir you may begin.

David Neuberger

Thank you, Shannon. Good morning and welcome to Ashland’s first quarter fiscal 2012 conference call and webcast. We released results for the quarter ended December 31, 2011 at approximately 6AM Eastern Time today and this presentation should be viewed in conjunction with the earnings release. These results are preliminary until we file our 10-Q in February.

On the call today are Ashland’s Chairman and Chief Executive Officer, Jim O’Brien; Lamar Chambers, Senior Vice President and Chief Financial Officer; John Panichelle, President of Ashland’s Specialty Ingredients; and Paul Raymond, President of Ashland Water Technologies.

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