Valmont Industries' CEO Discusses Q1 2012 Results - Earnings Call Transcript

Valmont Industries, Inc. (VMI)

Q1 2012 Earnings Conference Call

April 20, 2012 09:00 AM ET

Executives

Jeffrey S. Laudin, IR

Mogens C. Bay, Chairman and CEO

Mark C. Jaksich, VP and Controller

Analysts

John Schaffer - Credit Suisse

Arnold Ursaner - CJS Securities

Carter Shoop – KeyBanc

Aaron Reeves – BB&T Capital Markets

Brent Thielman – D.A. Davidson

Brian Drab – William Blair

Jeffery Beach – Stifel Nicolaus

Presentation

Operator

Good morning. My name is Steve, and I'll be your conference operator today. At this time, I would like to welcome everyone to the Valmont Industries, Inc First 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.

I'll now turn the call over to Jeff Laudin, Manager of Investor Relations. Please go ahead.

Jeff Laudin

Welcome to the Valmont Industries' First Quarter Earnings Conference Call. With me today are Mogens Bay, Chairman and Chief Executive Officer; Terry McClain, Senior Vice President and Chief Financial Officer; and Mark Jaksich, Vice President and Corporate Controller.

Before we begin please note, this discussion is subject to our disclosure on forward-looking statements, which applies to today's talk and will be read in full at the end of the call. The instructions for accessing a replay of this call can be found in our press release.

I would now like to turn the floor over to our Chairman and Chief Executive Officer, Mogens Bay.

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