Chicago Bridge And Iron's CEO Discusses Q4 2011 Results - Earnings Call Transcript

Chicago Bridge and Iron Company NV ( CBI)

Q4 2011 Earnings Conference Call

February 23, 2012 5:00 PM ET


Philip Asherman – President and Chief Executive Officer

Lasse Petterson – EVP and Chief Operating Officer

Dan McCarthy – President, Lummus Technology

Ron Ballschmiede – EVP and Chief Financial Officer


Joe Ritchie – Goldman Sachs

Michael Dudas – Sterne Agee

Rob Norfleet – BB&T Capital Markets

Jamie Cook – Credit Suisse

Alan Fleming – Barclays Capital

Will Gabrielski – Lazard Capital Markets

Avi Fisher – BMO Capital Markets

Scott Levine – JP Morgan



Good afternoon. My name is Holly and I will be your conference operator today. At this time, I would like to welcome everyone to the CB&I Fourth Quarter Earnings Conference 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)

Before beginning today's call, the company would like to caution you regarding forward-looking statements. Any statements made or discussed today that do not constitute or are not historical facts, particularly comments regarding the company's future plans and expected performance are forward-looking statements that are based on assumptions the company believes are reasonable, but are subject to a range of uncertainties and risks that are summarized in the company's press release and the SEC filing.

While forward-looking statements represent management's best current judgment as to what may occur in the future, the actual outcome or results may differ materially from what is expressed or implied in any such statements.

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