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Pentair's CEO Discusses Q1 2012 Results - Earnings Call Transcript

Pentair, Inc. (PNR)

Q1 2012 Earnings Call

April 24, 2012, 11:00 a.m. ET


Sara Zawoyski - Head, IR

Randy Hogan - Chairman and CEO

John Stauch - CFO


Hamzah Mazari – Credit Suisse

Deane Dray – Citigroup

Jim Lucas – Janney Capital Markets

Chris Glynn – Oppenheimer

Jeff Hammond – KeyBanc Capital Markets

Brian Konigsberg – Vertical Research

Robert Barry – UBS

Terry Darling – Goldman Sachs

Scott Graham – Jefferies & Co.

Brian Drab – William Blair

David Rose – Wedbush Securities



Good morning, my name is Simon, and I will be your conference operator today. At this time, I would like to welcome everyone to the Pentair Q1 2012 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 session. (Operator Instructions).

Ms. Zawoyski, you may begin your conference.

Sara Zawoyski

Thanks, Simon, and welcome to Pentair's Q1 2012 earnings conference call. We're glad you could join us. I'm Sara Zawoyski, Head of Investor Relations, and with me today is Randy Hogan, our Chairman and Chief Executive Officer; and John Stauch, our Chief Financial Officer. On today's call, we will provide details on our Q1 2012 performance as well as our full-year 2012 outlook, as outlined in this morning's release.

Before we begin, let me remind you that any statements made about the company's anticipated financial results are forward-looking statements subject to future risks and uncertainties, such as the risks outlined in Pentair's 10-K for the quarter ended December 31, 2011, and today's release. Forward-looking statements included herein are made as of today, and the company undertakes no obligation to update publicly such statements to reflect subsequent events or circumstances. Actual results could differ materially from anticipated results.

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