Kronos Worldwide, Inc. ( KRO) Q4 2011 Earnings Conference Call March 06, 2012, 10:00 a.m. ET Executives Janet Keckeisen - VP, IR Steve Watson - CEO Greg Swalwell - EVP and CFO Rob Graham - EVP, General Counsel Brian Christian - VP, Strategic Business Development Analysts David Begleiter - Deutsche Bank Sabina Chatterjee - Wells Fargo Securities Edward Yang - Oppenheimer Gregg Goodnight - UBS Sharyl Van Winkle - Independence United Capital Trey Grooms - Stephens Incorporated Graham Morris - Contrarian Capital Stephanie Renegar - JPMorgan PresentationOperator
Good day ladies and gentlemen and welcome to the Kronos Worldwide Fourth Quarter and Full-Year 2011 Earnings Call. My name is Ann and I will be your coordinator for today’s call. At this time all participants are in a listen-only mode, later we will conduct a question-and-answer session. I will now turn the call over to your host Janet Keckeisen, Vice President of Investor Relations for Kronos Worldwide. You may begin Janet. Janet Keckeisen Thanks Ann. Good morning and welcome to the Kronos Worldwide 2011 fourth quarter and full-year 2011 earnings call. With me this morning are Steve Watson, Chief Executive Officer; and Greg Swalwell, Chief Financial Officer. The earnings release that was issued this morning can be found on our website at Kronosww.com. During the course of this conference call we will make forward-looking statements. All statements related to matters that are not historical facts are forward-looking statements that represent management’s belief and assumption based on currently available information. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it cannot be of any assurances that these expectations will prove to be correct. Such statements of either nature involves substantial risks and uncertainties that could significantly impact the expected results and actual future results could differ materially from those described in such forward-looking statements. We assume no obligation to update or revise any forward-looking statements. Please refer to the earnings release for a discussion of some of the factors that could cause actual results to differ materially.