![]() Since our merger last year we’ve been able to drive meaningful improvement our profitability, our margins and our cash flow per debt reduction. We are pleased with our solid third quarter financial results and overall strategic positioning of the business. 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 uncertainty include but are not limited to the company’s substantial amount of debt, inflation of and volatility in raw material an energy costs, volatility in the credit and securities markets, cut backs in consumer spending that could affect demand for the company’s products, continuing pressure for lower cost products in the company’s ability to implement its business strategies, including productivity initiatives and cost reduction plans and the impact of regulatory and litigation matters, including those that affect the availability of the alternative fuel tax credit and the company’s net operating loss offsets to income taxes. Such statements including, but not limited to statements relating to debt reduction targets, capital spending, fourth quarter cash flows, declines in raw material and commodity prices and the expected effect on the company’s results improvements in working capital, increases in sales volumes, the availability of the alternative fuel tax credit, additional Synergies from the Altivity transaction, consumer purchasing trends, pension contributions and the performance of our multi-wall bag business 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. I would like to remind everyone that statements of our expectations in this call constitute forward looking statements as defined in a Private Securities Litigation Reform Act of 1995. Commenting on results this morning are David Scheible, the company’s President and CEO and Dan Blount, Senior Vice President and CFO. Welcome to Graphic Packaging Holding Company’s third quarter 2009 earnings call. (Operator Instructions)Īt this time, I would like to turn the conference call over to Kevin Crum, Assistant Treasurer of Graphic Packaging sir you may begin. 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 Holding Company third quarter 2009 earnings conference call. My name is Rachael and I will be your conference operator today. ![]() ![]() ![]() Graphic Packaging Holding Company ( NYSE: GPK) Q3 2009 Earnings Call Novem8:30 AM ETĭavid Scheible - President & Chief Executive Officerĭan Blount - Senior Vice President & Chief Financial Officer
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