Foster Wheeler's CEO Discusses Q2 2012 Results - Earnings Call Transcript

Foster Wheeler AG (FWLT)

Q2 2012 Results Earnings Call

July 31, 2012 10:00 AM ET

Executives

Scott Lamb – Vice President, Investor Relations

Kent Masters – Chief Executive Officer

Umberto della Sala – Chief Operating Officer and CEO, Global E&C Group

Franco Baseotto – Executive VP, CFO and Treasurer

Gary Nedelka – CEO, Global Power Group

Analysts

Joe Ritchie – Goldman Sachs

Michael Dudas – Sterne Agee

Andrew Buscaglia – Credit Suisse

Will Gabrielski – Lazard Capital Markets

Alan Fleming – Barclays Capital

Mark Tucker – KeyBanc Capital Markets

Scott Levine – JPMorgan

John Rogers – D. A. Davidson

Steven Fisher – UBS

Robert Connors – Stifel Nicolaus

Presentation

Operator

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Good morning. My name is Matthew, and I will be your conference facilitator today. At this time, I’d like to welcome everyone to the Foster Wheeler Second Quarter 2012 Investor Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer period. (Operator Instructions)

Thank you. It is now my pleasure to turn the floor over to Scott Lamb, Vice President of Investor Relations.

Scott Lamb

Thanks. Good day, everyone, and thank you for joining us. Our news release announcing financial results for the second quarter was issued this morning and has been posted to our website at fwc.com. The presentation we'll use has also been posted to the website.

Before turning to our discussion, I need to remind you that any comments made about future operating results or other future events are forward-looking statements under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995.

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