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 PresentationOperator
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.