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Vulcan Materials' CEO Discusses Q4 2011 Results - Earnings Call Transcript

Vulcan Materials (VMC)

Q4 2011 Earnings Call

February 16, 2012 11:00 am ET

Executives

Donald M. James - Chairman, Chief Executive Officer and Chairman of Executive Committee

Daniel Sansone - Chief Financial Officer and Executive Vice President

John R. Mcpherson - Senior Vice President of Strategy and Business Development

Analysts

Robert C. Wetenhall - RBC Capital Markets, LLC, Research Division

Ted Grace - Susquehanna Financial Group, LLLP, Research Division

Garik S. Shmois - Longbow Research LLC

John F. Kasprzak - BB&T Capital Markets, Research Division

Michael Betts - Jefferies & Company, Inc., Research Division

Kathryn I. Thompson - Thompson Research Group, LLC.

B.G. Dickey - Stephens Inc., Research Division

L. Todd Vencil - Sterne Agee & Leach Inc., Research Division

Keith B. Hughes - SunTrust Robinson Humphrey, Inc., Research Division

Rodny Nacier - KeyBanc Capital Markets Inc., Research Division

John A. Baugh - Stifel, Nicolaus & Co., Inc., Research Division

Scott J. Levine - JP Morgan Chase & Co, Research Division

Presentation

Operator

Good day, ladies and gentlemen, and welcome to the Fourth Quarter 2011 Vulcan Materials Company Earnings Conference Call. My name is Larry, and I will be your operator for today. [Operator Instructions] I would now like to turn the conference over to your host for today, Mr. Don James, Chairman and CEO of Vulcan Materials Company. Please proceed.

Donald M. James

Good morning. Thank you for joining our call to discuss our results for the fourth quarter 2011. We have posted to our website a few slides on our Profit Enhancement Plan and our planned asset sales that we announced today. These slides are also available to those of you on the webcast, and we'll be talking about those slides in a few minutes.

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