The Andersons' CEO Discusses Q2 2012 Results - Earnings Call Transcript

The Andersons, Inc. (ANDE)

Q2 2012 Earnings Call

August 3, 2012 11:00 AM ET

Executives



Nick Conrad – VP, Finance and Treasurer

Mike Anderson – Chairman and CEO

John Granato – CFO

Harold Reed – COO

Analysts



Farha Aslam – Stephens Incorporated

Heather Jones – BB&T Capital Markets

Ken Zaslow – BMO Capital Markets

Christine Healy – Scotia

Michael Cox – Piper Jaffray

Brent Rystrom – Feltl

Eric Larson – CL King

Ian Horowitz – Topeka

Presentation



Operator

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Good day, ladies and gentlemen and welcome to the Second Quarter 2012 The Andersons Incorporated Earnings Conference Call. At this time, all participants are in a listen-only mode later we will facilitate a question-and-answer session (Operator Instructions) As a reminder the conference is being recorded for replay purposes.

I would now like to turn the call over to Nick Conrad, Vice President of Finance and Treasurer. You may proceed.

Nick Conrad

Good morning everyone and thank you for joining us for the Anderson Inc’s 2012 second quarter conference call. We have included a slide presentation that will enhance our target points this morning, if you’re listening or watching this presentation via our website, the slides and audio aren’t sync, for those listening via telephone or watching the webcast you will need to follow directions set to you to seek the slides and the audio.

This webcast is available through the investor section of our website www.andersonsinc.com. The webcast is being recorded and will be available on our website. As you know certain information that I will be discussed today constitutes forward-looking statements. The actual results could differ materially from those presented in the forward-looking statements as a result of many factors, including general economic conditions, weather and competitive conditions, conditions in the company’s industries both in the US and internationally. And additional factors that is described in the company’s publicly filed documents including its ‘34 Act filings and the prospectuses prepared in connection with the company’s offerings.

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