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TheStreet Open House

Ashland Management Discusses Q3 2012 Results - Earnings Call Transcript

Ashland (ASH)

Q3 2012 Earnings Call

July 26, 2012 9:00 am ET

Executives

David Neuberger

John E. Panichella - Senior Vice President, President of Specialty Ingredients and Member of Operating Committee

Lamar M. Chambers - Chief Financial Officer, Senior Vice President, Member of Executive Committee and Member of Operating Committee

James J. O'Brien - Executive Chairman, Chief Executive Officer and Member of Executive Committee

Analysts

Alina Khaykin

Michael J. Sison - KeyBanc Capital Markets Inc., Research Division

Olga Guteneva - JP Morgan Chase & Co, Research Division

Michael J. Harrison - First Analysis Securities Corporation, Research Division

Robert Walker - Jefferies & Company, Inc., Research Division

James Sheehan - Deutsche Bank AG, Research Division

Presentation

Operator

Good day, ladies and gentlemen, and welcome to the Ashland Inc. Third Quarter Earnings Call. [Operator Instructions] As a reminder, this conference call is being recorded. I would now like to introduce your host for today's conference, Mr. David Neuberger. Sir, you may begin.

David Neuberger

Thank you, Kate. Good morning, and welcome to Ashland's Third Quarter Fiscal 2012 Conference Call and Webcast. We released results for the quarter ended June 30, 2012, at approximately 6:00 a.m. Eastern time today. And this presentation should be viewed in conjunction with the earnings release. These results are preliminary until we file our 10-Q.

On the call today are Ashland's Chairman and Chief Executive Officer, Jim O'Brien; Lamar Chambers, Senior Vice President and Chief Financial Officer; and John Panichella, President of Ashland Specialty Ingredients.

Before we get started, let me note that as shown on Slide 2, our remarks today will include forward-looking statements as that term is defined in securities laws. We believe any such statements are based on reasonable assumptions but cannot assure that such expectations will be achieved.

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