Kennametal Inc. ( KMT) F2Q2011 (12/31/10) Earnings Conference Call January 27, 2011 9:00 AM ET Executives Quynh McGuire – Director, IR Carlos Cardoso – Chairman, President, and CEO Frank Simpkins – VP and CFO Analysts Eli Lustgarten – Longbow Chase Baker – Credit Suisse Ann Duignan – JPMorgan Adam Uhlman – Cleveland Research Henry Kirn – UBS Chuck Murphy – Sidoti & Company Walt Liptak – Barrington Research PresentationOperator
Good morning. My name is Regina and I will be your conference Operator today. At this time, I would like to welcome everyone to Kennametal’s Second Quarter Fiscal Year 2011 Earnings Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session. (Operator Instructions) Thank you. I would now like to turn the call over to Quynh McGuire, Director of Investor Relations. Please go ahead. Quynh McGuire Thank you, Regina. Welcome everyone. Thank you for joining us to review Kennametal’s second quarter fiscal 2011 results. We issued our quarterly earnings press release earlier today. You may access this announcement via our website at www.kennametal.com. Consistent with our practice in prior quarterly conference calls, we’ve invited various members of the media to listen to this call. It is also being broadcast live on our website, and a recording of this call will be available on our site for replay through February 28, 2010. I am Quynh McGuire, Director of Investor Relations for Kennametal. Joining me for our call today are Chairman, President, and Chief Executive Officer, Carlos Cardoso; Vice President and Chief Financial Officer, Frank Simpkins, and Vice President, Finance and Corporate Controller, Marty Bailey. Carlos and Frank will provide further explanation on the quarter’s financial performance. After their remarks, we’ll be happy to answer your questions.