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Avnet, Inc. (AVT)
Q4 2012 Earnings Call
August 8, 2012 02:00 p.m. ET
Vince Keenan – VP of IR
Rick Hamada – CEO
Raymond Sadowski – CFO & SVP
Harley Feldberg – SVP & President of Avnet Electronics Marketing
Philip R. Gallagher – SVP & President of Avnet Technology Solutions
Brendan Oliver Furlong – Miller Tabak
Shawn Harrison – Longbow Research
Amitabh Passi – UBS Investment Bank
Ananda Baruah – Brean Murray, Carret & Co.
Sherri Scribner – Deutsche Bank
Craig Hettenbach – Goldman Sachs
Brian Alexander – Raymond James
Matthew Sheerin – Stifel Nicolaus
Jim Suva – Citigroup
Steven Fox – Cross Research
Mona Eraiba – TCW
Please standby. Our presentation will now begin I would now like to turn the floor over to Mr. Vince Keenan, Avnet’s Vice President of Investor Relations.
Good afternoon, and welcome to Avnet’s Fourth Quarter Fiscal Year 2012 Financial Update. If you’re listening by telephone today and have not accessed the slides that accompany this presentation, please go to our website and click on the icon announcing today’s event.
As we provide the highlights for our fourth quarter and full fiscal year 2012, please note that in the accompanying presentation and slides, we have excluded a gain on bargain purchase associated within acquisitions and restructuring, integration and other charges from all periods presented. When discussing pro forma sales or organic growth, prior periods have been adjusted to include acquisitions and the impact of divestitures.