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February 2, 2012, 9:00 a.m. ET
Jason Campbell – Director, IR
Jacques Esculier – Chairman and CEO
Ulrich Michel – CFO
Peter Chang – Credit Suisse
Alex Potter – Piper Jaffray
Steve Tusa – JPMorgan
David Leiker – Robert W. Baird & Co.
Jeff Hammond – KeyBanc Capital Markets
Robert [Inaudible] – Sidoti & Co.
Kristine Kubacki – Avondale Partners
Good day ladies and gentlemen, and welcome to the WABCO Q4 2011 results conference 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 the conference over to your host Jason Campbell, Director of Investor Relations. Sir, you may begin.
Thank you, Shannan. Good morning everyone and welcome to WABCO’s quarterly conference call. Today, we will present our fourth quarter full-year 2011 results. With us this morning is Jacques Esculier, our Chairman and CEO and Uli Michel, our Chief Financial Officer.
Before we begin I would like to remind you of a few things. First, this call, webcast and the presentation that we are using this morning are available on our website wabco-auto.com under the heading WABCO Q4 and full-year 2011 results. A replay of this call will be available through March 2.