Transcripts
Jump to full article: Seeking Alpha blog network, 2008-07-31
Intro: Executives
Clifford B. Fleet - VP, IR
David R. Beran - EVP and CFO
Analysts
Nik Modi - UBS
Judy Hong - Goldman Sachs
Christine Farkas - Merrill Lynch
David Adelman - Morgan Stanley
Ann Gurkin - Davenport
Filippe Goossens - Credit Suisse
Adam Spielman - Citigroup
. . .
Clifford B. Fleet - Vice President, Investor Relations
Good morning, and thank you for joining our call. This morning we will discuss Altria's second quarter 2008 business results. Our remarks contains forward-looking statements and projections of future results and I direct you to the Safe Harbor statement at the end of our earnings release for review of the various factors that could cause actual results to differ materially from projections.
As a result of the spin-off of Philip Morris International earlier this year, our reported results reflect PMI as a discontinued operation for the second quarter of 2007. And revenues and operating company's income for PMI are therefore excluded from Altria's continuing results. For a detailed review of Altria second quarter business results, please the earnings release that is available on our website, altria.com. Please note that in this morning's call, we will only be discussing the second quarter business results and we will not be discussing the status of litigation.
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