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Chicago Bridge & Iron's CEO Discusses Q2 2012 Results - Earnings Call Transcript

Chicago Bridge & Iron Company N.V. (CBI)

Q2 2012 Results Earnings Call

July 24, 2012 5:00 PM ET


Philip Asherman – President and CEO

Lasse Petterson – Chief Operating Officer

Dan McCarthy – President, Lummus Technology

Ron Ballschmiede – Chief Financial Officer


Andy Kaplowitz – Barclays Capital

Jamie Cook – Credit Suisse

Steven Fisher – UBS

George O'Leary – Tudor, Pickering

Michael Dudas – Sterne Agee

Brian Konigsberg – Vertical Research

Scott Levine – JP Morgan

Joe Ritchie – Goldman Sachs

John Allison – BB&T Capital Markets

Matt Tucker – KeyBanc Capital



Good afternoon. My name is Holly, and I will be your conference operator today. At this time, I would like to welcome everyone to the Chicago Bridge and Iron Second Quarter 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).

Before beginning today's call, the company would like you to caution you regarding forward-looking statements. Any statements made or discussed today that do not constitute or are not historical facts, particularly comments regarding the Company's future plans and expected performance, are forward-looking statements that are based on assumptions that company believes are reasonable, but are subject to a range of uncertainties and risks that are summarized in the company's press release and SEC filings, while forward-looking statements represent management's best current judgment as to what may occur in the future, the actual outcome or results may differ materially from what is expressed or implied in any such statements.

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