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Tenaris's CEO Discusses Q2 2012 Results - Earnings Call Transcript





Tenaris S.A.(TS)

Q2 2012 Earnings Call

August 2, 2012 10:00 am ET



Executives



Giovanni Sardagna – Director of Investor Relations

Paolo Rocca – Chairman of the Board, Chief Executive Officer



Analysts



William Sanchez – Howard Weil

Ole Henry Slorer – Morgan Stanley & Co. Llc

Michael Kirk Lamotte – Guggenheim Securities, Llc

Stephen Gengaro – Sterne Agee

Frank McGann – Bank of America Merrill Lynch

Geoffrey Stern – Cheuvreux

Paula Kovarsky – Itaú BBA

Amy Wong – UBS

Presentation

Operator

Good day, ladies and gentlemen, and welcome to the Q2 2012 Tenaris SA Earnings Conference Call. My name is [Clar] and I’ll be your operator for today. At this time, all participants are in listen-only mode. We will conduct a question-and-answer session towards the end of the conference call. (Operator Instructions) As a reminder this conference is being recorded for replay purposes.

I would now like to turn the call over to Giovanni Sardagna, Investor Relations Director. Please proceed.

Giovanni Sardagna

Thank you [Clar] and welcome to Tenaris 2012 second quarter results conference call. Before we start, I would like to remind you as usual that we will be discussing forward-looking information in the call and that our actual results may vary from those expressed or implied here-in. Factors that could affect those results include those mentioned in the company’s 20-F and other documents filed with the SEC.

With me on the call today are Paolo Rocca, our Chairman and CEO; Guillermo Vogel, Vice President of Finance and Member of our Board of Director. Ricardo Soler, our Chief Financial Officer; Alejandro Lammertyn, the Managing Director of our Eastern Hemisphere Operation; and joining us from Huston, Germán Curá, the Managing Director of our North American Operation.

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