AGCO Management Discusses Q2 2012 Results - Earnings Call Transcript


Q2 2012 Earnings Call

July 26, 2012 10:00 am ET


Greg Peterson - Director of Investor Relations

Martin H. Richenhagen - Chairman, Chief Executive Officer, President, Chairman of Executive Committee and Member of Succession Planning Committee

Andrew H. Beck - Chief Financial Officer, Chief Accounting Officer and Senior Vice President


Andy Kaplowitz - Barclays Capital, Research Division

Ann P. Duignan - JP Morgan Chase & Co, Research Division

Robert Wertheimer - Vertical Research Partners Inc.

Jamie L. Cook - Crédit Suisse AG, Research Division

Ashish Gupta - Credit Agricole Securities (USA) Inc., Research Division

Michael E. Cox - Piper Jaffray Companies, Research Division

Jerry Revich - Goldman Sachs Group Inc., Research Division

Stephen E. Volkmann - Jefferies & Company, Inc., Research Division

Andrew M. Casey - Wells Fargo Securities, LLC, Research Division

Timothy Thein - Citigroup Inc, Research Division

Seth Weber - RBC Capital Markets, LLC, Research Division



Good morning. My name is Tiffany, and I will be your conference operator today. At this time, I would like to welcome everyone to the AGCO Corporation's 2012 Second Quarter Earnings Release Conference Call. [Operator Instructions] Thank you.

I would now like to turn the conference over to Mr. Greg Peterson. Please go ahead, sir.

Greg Peterson

Thank you, Tiffany. Good morning, and welcome to those of you joining us for our call and Internet playback of that call for AGCO second quarter earnings. We will refer to a slide presentation, which is posted on our website at, and we'll also use some non-GAAP measures during our presentation this morning. And we've got those non-GAAP measures reconciled to GAAP measures in the last section of the presentation.

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