Greg Peterson | AGCO Corp. |
Martin H. Richenhagen | AGCO Corp. |
Andrew H. Beck | AGCO Corp. |
Anthony J. Toro | Vertical Research Partners LLC |
Sebastian Kuenne | Joh. Berenberg, Gossler & Co. KG (United Kingdom) |
Elliott Simon | BMO Capital Markets (United States) |
Michael Feniger | Bank of America Merrill Lynch |
Larry T. De Maria | William Blair & Co. LLC |
Michael David Shlisky | Seaport Global Securities LLC |
Ann P. Duignan | JPMorgan Securities LLC |
Corinne Jenkins | Goldman Sachs & Co. LLC |
Jorge Baptista Pica | Wells Fargo Securities LLC |
Themis Davris | Credit Suisse Securities (NYSE:USA) LLC (Broker) |
Good morning. My name is Lisa, and I will be your conference operator today. At this time, I would like to welcome everyone to the AGCO 2017 Fourth Quarter Earnings Release Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session.