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Central European Media Enterprises' CEO Discusses Q4 2011 Results - Earnings Call Transcript

Central European Media Enterprises (CETV)

Q4 2011 Earnings Call

February 22, 2012 9:00 am ET

Executives

Romana Wyllie - Vice President of Corporate Communications

Adrian Sarbu - Chief Executive Officer, President and Director

David Sach - Chief Financial Officer and Executive Vice President

Anthony Chhoy - Executive Vice President of Strategic Planning and Operations

Daniel Penn - Executive Vice President, Secretary and General Counsel

Analysts

Vivek Khanna - Deutsche Bank AG, Research Division

Ajay Agrawal - Nomura Securities Co. Ltd., Research Division

Daria Fomina - Goldman Sachs Group Inc., Research Division

Andrzej Knigawka - ING Groep N.V., Research Division

Tim Hamby - Janco Partners, Inc., Research Division

Unknown Analyst

Ankur Agarwal

Pavel Ryska - J & T Banka, A.S., Research Division

Presentation

Operator

Hello. My name is Lindy, and I will be your conference operator today. At this time, I would like to welcome everyone to the Central European Media Enterprises Fourth Quarter and Full Year 2011 Earnings Conference Call. [Operator Instructions] As a reminder, this conference call is being recorded today, February 22, 2012.

It is now my pleasure to turn the floor over to Romana Wyllie, Vice President of Corporate Communications. Ms. Wyllie, you may begin your conference.

Romana Wyllie

Thank you, Lindy. Good morning, good afternoon or [Foreign Language] to each of you, and welcome to CME's Fourth Quarter and Full Year 2011 Investor Conference Call. We are broadcasting our earnings call via a video webcast to enable you to see the management team in action. You can join us via the link on our homepage, www.cme.net. There, you can also download the presentation slides, which we will refer to during this call. You can find them on our homepage in the bottom-left corner. The participants of today's call will be CME's President and Chief Executive Officer, Adrian Sarbu.

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