Zep Inc (ZEP) Q1 2015 Earnings Conference Call Transcript

Below is the transcript of Zep Inc (NYSE:ZEP) first quarter fiscal 2015 earnings conference call took place on January 6, 2015, at 08:30 a.m. EST.

Zep Inc (NYSE:ZEP) with fiscal year 2013 net sales of $690 million, is a leading consumable packaged goods company selling a wide variety of high-performance chemicals that help professionals and prosumers clean, maintain and protect their assets.

Company Representatives:
John K. Morgan – President and Chief Executive Officer
Mark R. Bachman – Executive Vice-president and Chief Financial Officer

Moderator:
Don De Laria – Vice President for Investment Relations

Operator
Good morning and welcome to the ZEP Inc. quarter one 2015 earnings conference call.  Our participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by 0.  After today’s presentation, there will be an opportunity to ask questions. To ask a question, you may press star then 1 on your telephone keypad and to withdraw your question please press star than 2. Please also note this event is being recorded.  I would now like to turn the conference over to Don De Laria, Vice President for investment relations. Please go ahead sir.

Don De Laria – Vice President for Investment Relations
Good morning and thank you for joining ZEP Inc today for our first fiscal quarter earning conference call. Before I begin today’s call, I would like to remind participants that earnings call format includes an online presentation to augment our comments. You can access this presentation as well as this quarter’s earning press release online at www.zepinc.com in our investors’ section under webcast and presentations, reconciliations of non-GAAP measures reference to this presentation to their nearest GAAP measures are included in the earnings press release which is available on the ZEP Inc website.

This conference call contains forward looking statements within the meaning of section 27 A of the Security Exchange Act of 1933, as amended and Section 21 E of the security exchange Act of 1934 is amended. All statements of even statements are in fact communicated during this call may constitute forward looking statements. Each forward looking statements involves risks and uncertainties. Important factors that can cause actual results to different materially from company’s expectation are disclosed in a risk factors contained in the company’s annual report on form 10 K for fiscal 2014 which was filed with the security exchange commission on November 12.

All forward looking statements are expressly qualified in there entirely by such factors. Here with us today are John Morgan – President and Chief Executive Officer. Mark Bachman – Executive Vice-president and Chief Financial Officer and other selected ZEP Inc officers. I now would like to turn over the all tor Mr. John Morgan.