Lincoln Electric's CEO Discusses Q1 2012 Results - Earnings Call Transcript

Lincoln Electric Holdings, Inc. (LECO)

Q1 2012 Earnings Call

April 24, 2012 11:00 a.m. ET


John Stropki - Chairman, President and CEO

Vincent Petrella - SVP, CFO and Treasurer


Thomas Hayes - Thompson Research Group

Walter Liptak - Barrington Research

Steve Barger - KeyBanc Capital Markets

Mark Douglass - Longbow Research

Holden Lewis - BB&T Capital Markets

Stanley Elliott - Stifel Nicolaus



Greetings and welcome to the Lincoln Electric Q1 2012 financial results conference call. At this time all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. (Operator Instructions)

It is now my pleasure to introduce your host, Mr. Vince Petrella, CFO for Lincoln Electric. Thank you Mr. Petrella. You may begin.

Vincent Petrella

Thank you, Latania and good morning to all of you joining us today and welcome to the Lincoln Electric 2012 first quarter financial results and conference call.

We released our earnings this morning prior to the market’s open. Additional copies can be obtained on the Lincoln Electric website or by contacting our Investor Relations office.

Lincoln’s Chairman and Chief Executive Officer, John Stropki will start the discussion this morning and provide commentary on the quarter. I will follow up with some additional financial numbers after John’s comments. A PowerPoint presentation is part of today's discussion and is available on the Lincoln website under the Investor tab as part of today’s webcast. The presentation will also be posted along with a replay of today’s webcast on our site later today.

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