Central European Distribution's CEO Discusses Q4 2011 Results - Earnings Call Transcript

Central European Distribution (CEDC)

Q4 2011 Earnings Call

February 29, 2012 8:00 am ET

Executives

James Archbold - Vice President, Director of Investor Relations and Secretary

William V. Carey - Chairman, Chief Executive Officer and President

Christopher Biedermann - Chief Financial Officer, Principal Accounting Officer and Vice President

Analysts

Karen Eltrich - Goldman Sachs Group Inc., Research Division

Edward Mundy - Nomura Securities Co. Ltd., Research Division

Julien Martin - BofA Merrill Lynch, Research Division

Unknown Analyst

Victoria Petrova - Crédit Suisse AG, Research Division

Brady Martin - Citigroup Inc, Research Division

Mark Olson - RBS Research

Ankur Agarwal

Nicola Davies

Presentation

Operator

Good day, and welcome to the CEDC Fourth Quarter and Full Year 2011 Earnings Conference Call. Today's call is being recorded. At this time for opening remarks and introductions, I'd like to turn the call over to Director of Investor Relations, Mr. James Archbold. Please go ahead, sir.

James Archbold

Thank you. I'd like to welcome everyone today to CEDC's Fourth Quarter and Full Year 2011 Earnings Conference Call. Joining me this morning are William Carey, our President, CEO and Chairman; and Chris Biedermann, our Chief Financial Officer.

Please note that the content of this call contains time-sensitive information that is accurate only as of the date of the live broadcast, February 29, 2012. The online replay will be available shortly after the conclusion of the call. You may also view a copy of today's press release and our presentation for today's call on our website.

Please also note that statements made during this conference call, other than those related to historical information, constitute forward-looking statements within the meaning of the Private Securities Litigation and Reform Act of 1995. Without limiting the foregoing discussions, the forecasts, estimates, targets, schedules, plans, beliefs, expectations and the like are intended to identify forward-looking statements. These forward-looking statements, which are based on management's current beliefs and assumptions and current information known to management, involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by forward-looking statements. Additional information concerning factors that could cause actual results to differ materially from those forward-looking statements are contained in the press release issued today and the 2011 Form 10-K to be filed with the Securities and Exchange Commission. CEDC is under no duty and undertakes no obligation to update any forward-looking statements made in this call.

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