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

Pentair, Inc. (PNR)

Q2 2012 Earnings Call

July 24, 2012 9:00 AM ET

Executives

Jim Lucas – VP, IR

Randy Hogan – Chairman and CEO

John Stauch – CFO

Analysts

Brian Konigsberg – Vertical Research

Brett Lindsay – KeyBanc Capital Markets

Hamzah Mazari – Credit Suisse

Garik Shmois – Longbow Research

Robert Barry – UBS

Deane Dray – Citi Research

Mike Wherley – Janney Capital Markets

Brian Drab – William Blair

Scott Graham – Jefferies

Christopher Glynn – Oppenheimer

David Rose – Wedbush Securities

Presentation

Operator

My name is Katie and I will be your conference operator today. At this time, I would like to welcome everyone to the Pentair Q2 2012 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speaker’s remarks, there will be a question-and-answer session. (Operator Instructions) Thank you.

I’d now like to turn the call over to Jim Lucas, VP of Investor Relations. Please go ahead. Mr. Lucas.

Jim Lucas

Thanks, Katie and welcome to Pentair’s second quarter 2012 earnings conference call. We’re glad you could join us. I’m Jim Lucas, Vice President of Investor Relations. With me today is Randy Hogan, our Chairman and Chief Executive Officer and John Stauch our Chief Financial Officer. Today’s call we will provide details on our second quarter 2012 performance, as well as our full year 2012 outlook as outlined in this morning’s release.

Before we begin, let me remind you that any statements made about the company’s anticipated financial results are forward-looking statements subject to future risks and uncertainties, such as the risks outlined in Pentair’s 10-K for the year-ended December 31, 2011 and today’s release.

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