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Lincoln Electric's CEO Discusses Q2 2012 Results - Earnings Call Transcript

Lincoln Electric Holdings, Inc. (LECO)

Q2 2012 Earnings Conference Call

July 30, 2012 10:00 AM ET

Executives

Vince Petrella, Chief Financial Officer

John Stropki , Chief Executive Officer

Christopher Mapes, Chief Operating Officer

Analysts

Thomas Hayes – Thompson Research Group

Walter Liptak - Barrington Research

Mark Douglass – Longbow Research

Liam Burke - Janney Capital Markets

Holden Lewis - BB&T Capital Markets

Steve Barger - KeyBanc Capital Markets

Gregory Halter - Great Lakes Review

Stanley Elliott - Stifel Nicolaus

Presentation

Operator

Greetings and welcome to the Lincoln Electric Q2 2012 financial results conference call. At this time all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. (Operator Instructions)

It is now my pleasure to introduce your host, Mr. Vince Petrella, Chief Financial Officer for Lincoln Electric. Thank you Mr. Petrella. You may begin.

Vincent Petrella

Thank you, Jesse and good morning to you all. Welcome to Lincoln Electric 2012 second quarter financial results conference call.

We released our earnings this morning prior to the market’s open. Additional copies are available on the Lincoln Electric website or by contacting our Investor Relations office.

Lincoln’s Chairman and Chief Executive Officer, John Stropki will start the discussion this morning and provide commentary on the quarter. Also, joining the call today is Chris Mapes, Lincoln’s Chief Operating Officer. Chris will provide color on the region. After Chris makes his comments I will give you some more detail on the numbers. A PowerPoint presentation is part of today's discussion and is available on the Lincoln website under the Investor tab as part of today’s webcast. The presentation will also be posted along with a replay of today’s webcast on our website later this afternoon.

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