KapStone Paper and Packaging Corporation ( KS)

Q3 2010 Earnings Call

November 04, 2010 11:00 am ET


Roger Stone - Chairman and CEO

Andrea Tarbox - CFO


Steve Chercover - D. A. Davidson

Michael French - Morgan Joseph

Rob Young - William Smith & Company

Adam Ritzer - CRT Capital

Eric Hollowaty - Stephens Inc.

Fritz von Carp - Sage Asset Management



Welcome to the Third Quarter 2010 KapStone Paper and Packaging Corporation Earnings Conference Call. (Operator Instructions) As a reminder, this conference is being recorded for replay purposes.

The information in this earnings call contains certain forward-looking statements within the meaning of Federal Securities Law. These statements reflect management's expectations regarding future events and operating performance and speak only as of November 4, 2010. These forward-looking statements involve a number of risks and uncertainties. A list of the factors that could cause actual results to differ materially from those expressed in, or underlying, any forward-looking statements can be found in the company's filings with the Securities and Exchange Commission, such as its annual and quarterly reports. The company disclaims any obligation to revise or update such statements to reflect the occurrence of events after the date of this earnings call.

I will now like to turn the conference over to your host Mr. Roger Stone, Chairman and CEO. Please proceed.

Roger Stone

Good morning and thank you for joining us. As usual Andrea Tarbox, our CFO is with me. It is always nice to have this call, when things are turning out as planned. We think we had an excellent quarter with record production, earnings and EBITDA margin and although we are running well and doing well over time we think we can do better.

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