Graphic Packaging Holding's CEO Discusses Q1 2012 Results - Earnings Call Transcript

Graphic Packaging Holding (GPK)

Q1 2012 Earnings Call

April 26, 2012 10:00 am ET

Executives

Kevin Crum -

David W. Scheible - Chief Executive Officer, President and Director

Daniel J. Blount - Chief Financial Officer and Senior Vice President

Analysts

Philip Ng - Jefferies & Company, Inc., Research Division

Matthew R. Wooten - Robert W. Baird & Co. Incorporated, Research Division

Ghansham Panjabi - Robert W. Baird & Co. Incorporated, Research Division

Joseph Stivaletti - Goldman Sachs Group Inc., Research Division

George L. Staphos - Banc of America Securities LLC, Research Division

Alex Ovshey Ovshey - Goldman Sachs Group Inc., Research Division

Ariel Avila - JP Morgan Chase & Co, Research Division

Presentation

Operator

Good morning, my name is Robin, and I will be your conference operator today. At this time, I would like to welcome everyone to the Graphic Packaging First Quarter 2012 Earnings Call. [Operator Instructions] I will now turn the call over to our host for today, Mr. Kevin Crum, Assistant Treasurer. You may begin, sir.

Kevin Crum

Thanks, Robin. Welcome to Graphic Packaging Holding Company's first quarter 2012 earnings call. Commenting on the results this morning are David Scheible, the company’s President and CEO; and Dan Blount, Senior Vice President and CFO.

To help you follow along with today's call, we have provided a slide presentation, which can be accessed by clicking on the Q1 earnings' webcast link on the Investor Relations section of our website at www.graphicpkg.com.

I would like to remind everyone that statements of our expectations in this call constitute forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Such statements, including but not limited to, statements relating to the effect of the combination with Delta Natural Kraft and Mid-America Packaging, completion of the Macon biomass boiler project, recovery of raw material inflation costs, consumer demand and pricing trends, capital expenditures, cash pension contributions and pension expense, depreciation and amortization, interest expense, income tax rates, debt and leverage reduction, performance improvement and cost reduction initiatives, are based on currently available information and are subject to various risks and uncertainties that could cause the actual results to differ materially from the company's present expectations.

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