Terex Corporation's CEO Discusses Second Quarter Results - Earnings Call Transcript

Terex Corporation (TEX)

Q2 2012 Earnings Conference Call

July 26, 2012, 08:30 am ET

Executives

Ron DeFeo – Chairman, CEO

Phil Widman – SVP, CFO

Tim Ford – President, Terex Aerial Work Platforms

Kevin Bradley – President – Terex Cranes

(Ice Rom) – CEO, President

Steve Filipov – President, Developing Markets & Strategic Accounts

Kieran Hegarty – President, Terex Materials Processing

Analysts

Jamie Cook – Credit Suisse

Robert McCarthy – Robert W. Baird

Jerry Revich – Goldman Sachs

Ann Duignan – JPMorgan

Rob Wertheimer – Vertical Research

Schon Williams – BB&T Capital Markets

(Brad) – Barclays

Henry Kirn – UBS

Seth Weber – RBC Capital Markets

Joel Tiss – BMO

Philip Volpicelli – Deutsche Bank

Presentation

Operator

Good morning. My name is (Vanessa) and I will be your conference operator today. At this time, I would like to welcome everyone to the Terex Corporation second quarter and 2012 financial release conference call.

All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. (Operator Instructions) Thank you. I would now like to turn the call over to Mr. Ron DeFeo. Please, go ahead, sir.

Ron DeFeo

Thank you. Good morning, ladies and gentlemen, and we appreciate your interest in Terex Corporation today. On the call with me this morning is Phil Widman, Senior Vice President and Chief Financial Officer; Tom Gelston, Vice President of Investor Relations; and participating on the call either on the call or in this room here and available to answer your questions will be our leadership team including our business segment presidents and geographic representation.

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