![]() And I am going to walk you through some of the recent steps that we have taken to ensure that we stay ahead of our cost inflation while continuing to explore growth opportunities. This morning I am going to start by providing you with a brief overview of our quarterly results. ![]() However we believe we are taking the necessary steps to navigate this environment successfully and position Graphic Packaging for long term growth. It seems that on a daily basis there is growing investor uncertainty as well as elevated market volatility with a growing global economy inside the credit market. Arguably, we are operating one of the more challenging economic environments in history. With that, I will turn this mornings’ call over to David. Additional information regarding these and other risks is contained in the Company's periodic filings with the SEC. Undue reliance should not be placed on such forward-looking statements as such statements speak only as of the date on which they are made and the Company undertakes no obligation to update such statements. These risks and uncertainties include, but are not limited to, the Company’s substantial amount of debt, inflation of and volatility in raw material and energy costs, volatility in the credit and securities markets, cut-backs and consumer spending that could affect demand the Company’s products, continuing pressure for lower cost products, the Company’s ability to implement its business strategies including productivity initiatives and cost reduction plans, currency movements and other risks of conducting business internationally, and the impact of regulatory and litigation matters including those that impact the Company’s ability to protect and use its intellectual property. Such statements including but not limited to statements relating to decline in commodity prices availability of the Company’s net operating loss and statements regarding our performance and our ability to recognize $90 million of annualized synergies by 2010 are based on currently available information and are subject to various risks and uncertainties that could cause actual results to differ materially from the Company's present expectations. ![]() With me this morning are David Scheible, the company’s President and CEO and Dan Blount, the Senior Vice President and CFO.īefore we get going 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. Good morning everyone and welcome to Graphic Packaging Holding Company’s third quarter earnings call. I would now like to introduce Scott Wenhold, Mr. (Operator instructions) As a reminder ladies and gentlemen, this conference is being recorded today Wednesday, November 5, 2008. After the speakers’ remarks, there will be a question-and-answer period. All lines have been placed on mute to prevent any background noise. At this time, I would like to welcome everyone to the Graphic Packaging Corporation third quarter 2008 earnings release conference call. My name is Rachel and I will be your conference operator today. Graphic Packaging Holding Company ( NYSE: GPK) Q3 2008 Earnings Call Novem10:00 AM ETĭavid Scheible – President and Chief Executive Officerĭan Blount – Senior Vice President and Chief Financial Officer
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |