Earnings Call Excerpt
Cascal N.V. (HOO)
F4Q08 Earnings Call
June 18, 2008 9:00 am ET
Executives
Stephane Richer – Chief Executive Officer
Steven Hollinshead – Chief Financial Officer
Analysts
Curt Woodworth – J.P. Morgan
Mark Freshney – Credit Suisse
Presentation
Operator
Welcome everyone to the Cascal 2008 fourth quarter and year-end conference call. (Operator Instructions) It is now my pleasure to turn the floor over to your host, Jeffrey Goldberger of KCSA Strategic Communications.
Jeffrey Goldberger
Again, my name is Jeffrey Goldberger, and I am with KCSA Strategic Communications, investor relations counsel to Cascal. The Q4 and year-end earnings press release was issued after the close of market yesterday and is posted on the company’s website. Representing the company today are Stephane Richer, Chief Executive Officer, and Steve Hollinshead, Chief Financial Officer. Before we begin, I would like to remind you that this presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are not guarantees of future performance. There are important factors, many of which are outside of our control, that could cause actual results to differ materially from those expressed or implied by such forward-looking statements including general economic business conditions, unfavorable weather conditions, housing and population growth trends, changes in energy prices and taxes, fluctuations with currency exchange rates, changes in regulations or regulatory treatment, changes in environmental compliance and water quality requirements, availability and the cost of capital, the success of growth initiatives, acquisitions and our ability to successfully integrate acquired companies, and other factors discussed in our filings with the SEC, including under Risk Factors in our Prospectus for our initial public offering. We do not undertake and have no obligation to publicly update or revise any forward-looking statements. With those announcements complete, I give you Stephane Richer. Stephane, the floor is all yours.
Stephane Richer
Thank you, Jeffrey, and welcome to Cascal’s fourth quarter and fiscal year end 2008 conference call. Let me first start by acknowledging Jeffrey and KCSA, our recently appointed investor relations firm, which will help us deliver on our commitment to an effective and transparent communication with existing and potential investors.
To the extent it is only our second earnings conference call since the completion of our IPO at the end of January, there is likely to be a number of you dialing in who are relatively new to the Cascal story. With that in mind, I would like to take a couple of minutes to quickly go through our core investment proposition before moving on to the quarter and year-end results.
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