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Virgin Media's CEO Discusses Q2 2012 Results - Earnings Call Transcript

Virgin Media (VMED)

Q2 2012 Earnings Call

July 24, 2012, 8:00 a.m. ET


Richard Williams – Investor Relations

Neil A. Berkett - CEO, CEO of Virgin Media Investment Holdings Limited and Director

Eamonn O'Hare - CFO and Director

Andrew M. Barron - COO


Simon Weeden – Citigroup, Inc

John [Crease] – Memorial

Robert Grindle – Deutsche Bank AG

Carl Murdock-Smith - JP Morgan Chase & Co

Walter Fry – Merrill Lynch

Frank Knowles – New Street Research

Timothy Boddy - Goldman Sachs Group Inc.

Steve Martin – Areton Research

Nick Lyall - UBS Investment Bank

Bryan Kraft – Evercore Partners

Tom Egan – Cannacord

Matthew Harrigan – Wunderlich Securities


Richard Williams

Good afternoon to you all. It's great to have your presence in London. Good morning to those listening in from the states. Welcome to our Q2 results.

We've got a presentation from Neil and Eammon. It should last about 35 to 40 minutes, and then we'll open with questions from the floor and from the phones.

Please may I ask that we draw your attention to this Safe Harbor statement on slide two where we set our cautionary discloser, which should be read with any forward-looking statements we make today. Also, we will be mentioning certain non-GAAP measures today. The record disclosures with respect to these can be found in appendices to the slides.

I forgot to introduce myself. I'm Richard Williams, Director of Investor Relations for those of you who don’t know me. And with that, I'll turn you over to Neil

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