Monsanto's CEO Discusses Q2 2012 Results - Earnings Call Transcript

Monsanto (MON)

Q2 2012 Earnings Call

April 04, 2012 9:30 am ET

Executives

Bryan Hurley - Director of Investor Relations

Pierre Courduroux - Chief Financial Officer and Senior Vice President

Hugh Grant - Chairman, Chief Executive Officer, President and Chairman of Executive Committee

Analysts

Vincent Andrews - Morgan Stanley, Research Division

James Sheehan - Deutsche Bank AG, Research Division

Jeffrey J. Zekauskas - JP Morgan Chase & Co, Research Division

Robert Koort - Goldman Sachs Group Inc., Research Division

P.J. Juvekar - Citigroup Inc, Research Division

Laurence Alexander - Jefferies & Company, Inc., Research Division

Mark W. Connelly - Credit Agricole Securities (USA) Inc., Research Division

Michael Picken - Cleveland Research Company

Donald Carson - Susquehanna Financial Group, LLLP, Research Division

Michael E. Cox - Piper Jaffray Companies, Research Division

Presentation

Operator

Greetings. Welcome to the Second Quarter 2012 Monsanto Company Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Bryan Hurley, Investor Relations lead for Monsanto. Thank you, Mr. Hurley. You may begin.

Bryan Hurley

Thanks, Rob. And good morning to everyone on the line. Thanks for joining Monsanto's second quarter earnings conference call. I'm joined this morning by Hugh Grant, our Chairman and CEO; and Pierre Courduroux, our CFO. Also joining me are Manny Cruz and Bryan Corkal, my colleagues in Investor Relations. This call is being webcast, and you can access the webcast and supporting slides at monsanto.com. The replay will also be available at that address.

We're providing you today with EPS measures both on a GAAP basis and on an ongoing business basis. Where we refer to non-GAAP financial measures, we reconcile to GAAP in the slides and in the press release, both of which are posted to our website.

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