Energizer Holdings' CEO Discusses F2Q12 Results - Earnings Call Transcript

Any such statements are forward-looking statements, which reflect our current views with respect to future events and are based on assumptions, and therefore are subject to risks and uncertainties. These risks, uncertainties, and other factors may cause our actual results, performance or achievements to be materially different from those expressed or implied by our forward-looking statements.

These risks and uncertainties include, without limitations, those described under the caption Risk Factors in our Annual Report on Form 10-K filed November 22, 2011. We do not undertake or plan to update these forward-looking statements even though our situation may change. Therefore, you should not rely on these forward-looking statements as representing our views as of any date subsequent to today.

During this call, we will be referring to non-GAAP financial measures. These non-GAAP measures are not prepared in accordance with generally accepted accounting principles. A reconciliation of the non-GAAP financial measures to the most directly comparable GAAP measure is shown in the press release issued earlier today which is available in the Investor Relations section of our website, energizerholdings.com. Management believes these non-GAAP measures provide investors valuable information on the underlying growth trends of the business.

With that, I’d like to turn the call over to Ward.

Ward Klein

Good morning and welcome to Energizer's second quarter fiscal 2012 earnings call. As you may have noticed from our three press releases this morning we have a lot of news to report today. First Dan Heinrich has been named to our Board of Directors. Many of you may know the Mr. Heinrich, the retired Chief Financial Officer of Clorox. His extensive experience in the consumer products industry and broad-based financial expertise will provide additional insight and perspective to our board discussions.

We are very pleased to have someone with Dan's background and financial expertise on our board. In addition, we also announced that our Board of Directors has authorized the initiation of a dividend program, the first in Energizer's 12 year existence as a publicly held company.

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