Coca-Cola's CEO Discusses Q4 2011 Results - Earnings Call Transcript

Coca-Cola Enterprises Inc. ( CCE)

Q4 2011 Earnings Call

February 9, 2012 11:00 am ET


Thor Erickson – Vice President of Investor Relations

John F. Brock – Chairman and Chief Executive Officer

William W. Douglas III – Executive Vice President and Chief Financial Officer

Hubert Patricot – Executive Vice President and President, European Group


Ian Shackelton – Nomura

William Smith – Deutsche Bank

Lauren Torres – HSBC

Kaumil Gajrawala – UBS Warburg

Steve Powers – Sanford C. Bernstein & Co.

Caroline Levy – CLSA

Judy Hong – Goldman Sachs

Bryan D. Spillane – Bank of America/Merrill Lynch

John Faucher – JPMorgan

Alec Patterson – RCM Investments



Good day, and welcome to the Coca-Cola Enterprises Fourth Quarter 2011 Conference Call. At the request of Coca-Cola Enterprises, this conference is being recorded for instant replay purposes.

At this time, I’d like to turn the conference over to Mr. Thor Erickson, Vice President of Investor Relations. Please go ahead, sir.

Thor Erickson

Thank you, and good morning, everybody. We appreciate you joining us this morning to discuss our fourth quarter and full-year 2011 results and our outlook for 2012.

Before we begin, I’d like to remind you of our cautionary statements. This call will contain forward-looking management comments and other statements reflecting our outlook for future periods. These comments should be considered in conjunction with the cautionary language contained in this morning’s earnings release as well as the detailed cautionary statements found in our most recent annual report on Form 10-K and subsequent SEC filings. A copy of this information is available on our website at

This morning’s prepared remarks will be made by John Brock, our CEO; and Bill Douglas, our CFO. Hubert Patricot, President of our European Group, is also with us on the call this morning. Following the prepared remarks, we will open the call for your questions. In order to give as many people as possible the opportunity to ask questions, please limit yourself to one question, and we will take follow-up questions as time permits.

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