Kronos Worldwide's CEO Discusses Q2 2012 Results - Earnings Call Transcript

Kronos Worldwide, Inc. (KRO)

Q2 2012 Earnings Call

August 9, 2012 10:00 am ET

Executives

Janet Keckeisen – Vice President-Investor Relations

Steven L. Watson – Vice Chairman and Chief Executive Officer

Gregory M. Swalwell – Executive Vice President and Chief Financial Officer

Robert D. Graham – Executive Vice President and General Counsel

Analysts

David Begleiter – Deutsche Bank Securities

Trey Grooms – Stephens Inc.

Edward Yang – Oppenheimer & Co.

Neal Miller – Fidelity Investments

Gregg Goodnight – UBS

Des Kilalea – RBC Capital Markets

Vivek Shah – Tellus Asset Management, LLC

Sanjay Pamnani – Foundation Asset Management

Presentation

Operator

Good day, ladies and gentlemen, and welcome to the Kronos Worldwide Second Quarter 2012 Earnings Conference Call. My name is Derrick and I will be your operator for today’s call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session.

I will now like to turn the call over to your host, Ms. Janet Keckeisen, Vice President of Investor Relations for Kronos Worldwide. You may begin, Janet.

Janet Keckeisen

Thanks, Derrick. Good morning and welcome to the Kronos Worldwide 2012 second quarter earnings call. With me this morning are Steve Watson, Chief Executive Officer, and Greg Swalwell, Chief Financial Officer. The earnings release that was issued this morning can be found on our website at kronosww.com.

During the course of this conference call, we will make forward-looking statements. All statements relating to matters that are not historical facts are forward-looking statements that represent management’s beliefs and assumptions based on currently available information. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it cannot give any assurances that these expectations will prove to be correct. Such statements, by their nature, involve substantial risks and uncertainties that could significantly impact expected results, and actual future results could differ materially from those described in such forward-looking statements.

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