FMC's CEO Discusses Q4 2011 Results - Earnings Call Transcript

FMC (FMC)

Q4 2011 Earnings Call

February 09, 2012 11:00 am ET

Executives

Brennen Arndt - Director of Investor Relations

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

Mark A. Douglas - President of Industrial Chemicals Group

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

Milton Steele - President of the Agricultural Products Group

D. Michael Wilson - President of Specialty Chemicals Group

Analysts

Robert Walker - Jefferies & Company, Inc., Research Division

Sabina Chatterjee - Wells Fargo Securities, LLC, Research Division

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

Peter Butler

Kevin W. McCarthy - BofA Merrill Lynch, Research Division

Eugene Fedotoff - Longbow Research LLC

William Young

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

John P. McNulty - Crédit Suisse AG, Research Division

Robert Reitzes

Presentation

Operator

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Good Morning and welcome to the Fourth Quarter 2011 Earnings Release Conference Call for FMC Corporation. [Operator Instructions] I would now turn the conference over to Mr. Brennen Arndt. Mr. Arndt, you may begin.

Brennen Arndt

Thank you, and welcome everybody to FMC's Fourth Quarter 2011 Conference Call and Webcast. Pierre Brondeau, President, Chief Executive and Chairman, will begin our call with a review of fourth quarter performance. Following, Pierre Mark Douglas, President Industrial Chemicals, will provide us an in depth review of the performance and prospects for our soda ash and peroxygens businesses. Pierre will then give us a progress report on the significant progress we made in 2011 implementing our Vision 2015 strategic plan. Following Pierre, Kim Foster, Executive Vice President and Chief Financial Officer, will report on our financial position. Pierre will then finish our remarks by providing our outlook for the first quarter and full year 2012. And we'll complete the call by taking your questions.