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TheStreet Open House

FleetCor Technologies' CEO Discusses Acquisition Of Fuel Card Company In Russia Conference Call (Transcript)

Stock quotes in this article: FLT

FleetCor Technologies, Inc. (FLT)

Acquisition of Fuel Card Company in Russia Conference Call

July 11, 2012 16:30 ET

Executives

Ron Clarke – Chairman and Chief Executive Officer

Eric Dey – Chief Financial Officer

Analysts

Tien-Tsin Huang – JPMorgan

Tim Willi – Wells Fargo

Adam Carron – Barclays Capital

Phil Stiller – Citigroup

Roman Leal – Goldman Sachs

Presentation

Operator

Good day, ladies and gentlemen. Thank you for standing by. Welcome to the FleetCor Technologies Conference Call. During today’s presentation, all parties will be in a listen-only mode. Following the presentation, the conference will be opened for questions. (Operator Instructions)

I would now like to turn the conference over to Eric Dey, Chief Financial Officer. Please go ahead.

Eric Dey

Good afternoon, everyone and thank you for joining us today. By now, everyone should have access to our press releases announcing that we have successfully completed the previously announced acquisition of CTF Technologies, the leading fuel payment platform provider in Brazil and that we have acquired a leading Russian fuel card company. These press releases can also be found at www.fleetcor.com under the Investor Relations section.

Before we begin our formal remarks, I need to remind everyone that part of our discussion today will include forward-looking statement regarding the transaction between FleetCor and CTF Technologies and the Russian fuel card company. Our remarks may include discussion on future financial and operating results, benefits of the transaction, and other statements about management’s future expectations, beliefs, plans or prospects. They are not guarantees of future performance and therefore you should not put any undue reliance on them. These statements are subject to numerous risks and uncertainties that could cause actual results to differ materially from what we expect. Some of those risks are mentioned in our press release and our 8-K filed with the Securities and Exchange Commission.

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