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February 14, 2011 9:30 am ET
Ken Lamb – Director Investor Relations
Timothy M. Manganello – Chairman of the Board & Chief Executive Officer
Robin J. Adams – Chief Financial Officer, Executive Vice President, Chief Administrative Officer & Director
Ravi Shanker – Morgan Stanley
Analyst for Richard Kwas – Wells Fargo Securities, LLC.
Rod Lache – Deutsche Bank Securities
Himanshu Patel – JP Morgan
John Murphy – Bank of America Merrill Lynch
Joseph Sack – RBC Capital Markets
Patrick Archambault – Goldman Sachs
At this time I would like to welcome everyone to the BorgWarner 2011 fourth quarter results earnings conference call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks there will be a question and answer period. (Operator Instructions) I would now like to turn the call over to Ken Lamb, Director Investor Relations.
We issued our earnings release this morning at approximately 8 am Eastern Time. It is posted on our website
www.BorgWarner.com on our homepage. A replay of today’s conference call will be available through February 21
st. The dial in number for the replay is 800-642-1687. You’ll need the conference ID which is 44472821. The replay will also be available on our website.
With regard to our investor relations’ calendar we will be attending several conferences over the next few months. February 22
nd we will be at the Barclays’ Industrial Select Conference in Miami. March 14
th we will be at the UBS Auto & Auto Suppliers Conference in Boston. March 19
th we’ll be at the Sidoti Conference in New York and on April 4
th we’ll be at the BofA New York Auto Summit in New York.
Before we begin, I need to inform you that during this call we may make forward-looking statements which involve risks and uncertainties as detailed in our 10K. Our actual results may differ significantly from matters discussed here today.