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Archer Daniels Midland Co. (ADM) CEO Juan Luciano on Q4 2018 Results - Earnings Call Transcript

Feb. 05, 2019 3:10 PM ETArcher-Daniels-Midland Company (ADM)
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Archer Daniels Midland Co. (NYSE:ADM) Q4 2018 Earnings Conference Call February 5, 2019 9:00 AM ET

Company Participants

Victoria de la Huerga - Vice President, Investor Relations

Juan Luciano - Chairman & Chief Executive Officer

Ray Young - Chief Financial Officer

Conference Call Participants

Eric Larson - Buckingham Research

Vincent Andrews - Morgan Stanley

Adam Samuelson - Goldman Sachs

Ann Duignan - JPMorgan

Heather Jones - The Vertical Group

David Driscoll - Citi

Robert Moskow - Credit Suisse

Michael Piken - Cleveland Research

Ken Zaslow - Bank of Montreal


Good morning and welcome to the Archer Daniels Midland Company Fourth Quarter 2018 Earnings Conference Call. All lines have been placed on a listen-only mode to prevent background noise. As a reminder, this conference call is being recorded.

I would now like to introduce your host for today's call, Victoria de la Huerga, Vice President Investor Relations for Archer Daniels Midland Company.

Ms. de la Huerga, you may begin.

Victoria de la Huerga

Thank you, Jack. Good morning and welcome to ADM's fourth quarter earnings webcast. Starting tomorrow, a replay of today's webcast will be available at adm.com. For those following the presentation, please turn to slide two, the company's Safe Harbor statement which says that some of our comments constitute forward-looking statements that reflect management's current views and estimates of future economic circumstances, industry conditions, company performance, and financial results. These statements are based on many assumptions and factors and are subject to risk and uncertainties.

ADM has provided additional information in its reports on file with the SEC concerning assumptions and factors that could cause actual results to differ materially from those in this presentation, and you should carefully review the assumptions and factors in our SEC report. To the extent permitted under applicable law, ADM assumes no obligation to update

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