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June 20, 2012 10:00 AM ET
Vladislav Zlenko – Director, Investor Relations
Yevgeny Mikhel – Chief Executive Officer
Stanislav Ploschenko – Chief Financial Officer
Oleg Korzhov – Senior Vice-President, Economics and Management
Sergey Donskoy – Société Générale
Anton Rumanse – Troika
Andrey Lobazov – Alfa Bank
Oleg Petropavlovsky – BCS
Bernard Zonneveld – ING Bank
Dan Yakub – Citi
Vasily Kuligin – Renaissance Capital
Andrey Kulakov – Uralsib Capital
George Buzhenitsa – Deutsche Bank
Paul Carr – Amoris Management
Welcome to the Mechel Reports Q1 2012 Financial Results. My name is Emma, and I will be your coordinator for today’s conference. For the duration of the call, you will be on listen-only. And at the end of the call, you’ll have the opportunity to ask question. (Operator Instructions)
I’m now handing over to Vladislav Zlenko to begin. Please go ahead, sir.
Thank you, and good day, everyone. I would like to welcome you to Mechel’s conference call to discuss our first quarter 2012 financial results which were reported today.
With us from management today are Mr. Yevgeny Mikhel, Mechel’s CEO; Mr. Stanislav Ploschenko, Mechel’s CFO; and Mr. Oleg Korzhov, Mechel’s Senior Vice-President for Economics and Management.
After management has made their formal remarks, we will take your questions to the presentation team. Please note that during this call, management will make forward-looking statements, some of which may have been made in the press release. Some of the information on this conference call may contain projections or other forward-looking statements regarding future events or the future financial performance of Mechel as defined in the Safe Harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995.