Henkel's (HENKY) CEO Kasper Rorsted on Q3 2015 Results - Earnings Call Transcript

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Henkel AG & Co. KGaA (OTCPK:HENKY) Q3 2015 Earnings Conference Call November 11, 2015 3:00 AM ET

Executives

Kasper Rorsted - Chief Executive Officer
Carsten Knobel - Executive Vice President Finance, Chief Financial Officer

Analysts

Christian Faitz - Kepler Cheuvreux
Iain Simpson - Société Générale
Harold Thompson - Deutsche Bank
Graham Jones - HSBC Bank Plc
Pinar Ergun - Bank of America Merrill Lynch
James Targett - Joh. Berenberg, Gossler & Co. KG
Guillaume Delmas - Nomura International Plc

Operator

Good morning and welcome to the Henkel Conference Call. With us today are Kasper Rorsted, CEO, Carsten Knobel, CFO, and the Investor Relations team. For the duration of the call, you will be on listen-only. [Operator Instructions] Today's conference call is being recorded, and the webcast is available at www.henkel.com/ir.

At this time, I'd like to turn the call over to Mr. Kasper Rorsted. Please go ahead, sir.

Kasper Rorsted

Good morning, ladies and gentlemen, and welcome to our conference call. First, I would like to focus on the key developments of the third quarter 2015 and our progress in margin protection. Then Carsten will provide to you with the third quarter financials in greater detail. After that, I'll close the presentation with a brief summary and the update of our fiscal year guidance for the year 2015, and, finally, we'll be happy to take your questions.

I would like to begin by reminding everyone that the presentation, which contains the usual formal disclaimer to forward-looking statements within the meaning of relevant U.S. legislation, can be access via our website at henkel.com/ir. The presentation and discussion are conducted subject to the disclaimer. We will not read the disclaimer, but propose we take it as read into the records for the purpose of this call.

And now, let's get started with the

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