Dover (DOV)

Q4 2010 Earnings Call

January 28, 2011 9:00 am ET


Robert Livingston - Chief Executive Officer, President and Director

Paul Goldberg - Director of Investor Relations and Treasurer

Brad Cerepak - Chief Financial Officer and Vice President of Finance


Scott Davis - Morgan Stanley

Wendy Caplan - SunTrust Robinson Humphrey Capital Markets

John Inch - BofA Merrill Lynch

Terry Darling - Goldman Sachs Group Inc.

Shannon O'Callaghan - Lehman Brothers

C. Stephen Tusa - JP Morgan Chase & Co

Robert Cornell - Barclays Capital

Jeffrey Sprague - Citigroup

Nigel Coe - Deutsche Bank AG



Good morning, and welcome to the Fourth Quarter 2010 Dover Corp. Earnings Conference Call. With us today are Bob Livingston, President and Chief Executive Officer of Dover Corp.; Brad Cerepak, Vice President and CFO of Dover Corp.; and Paul Goldberg, Treasurer and Director of Investor Relations at Dover Corp. [Operator Instructions] I would now like to turn the call over to Mr. Paul Goldberg. Mr. Goldberg, please go ahead, sir.

Paul Goldberg

Thank you, Jackie. Good morning, and welcome to Dover's fourth quarter earnings call. As Jackie said, with me today are Bob Livingston, Dover's President and Chief Executive Officer; and Brad Cerepak, our CFO.

Today's call will begin with some comments from Bob and Brad on Dover's fourth quarter and full year operating and financial performance and our outlook for 2011. We will then open the call up to questions. In the interest of time, we kindly ask that you limit yourself to one question with a follow-up.

Please note that our current earnings release, investor supplement and associated presentation can be found on our website, This call will be available for playback through February 11, and the audio portion of this call will be archived on our website for three months. The replay telephone number is (800) 642-1687. When accessing the playback, you'll need to supply the following reservation code, 36618220.

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