Brian Lantz | Vice President of Investor Relations & Communications |
Kevin Murphy | Chief Executive Officer |
Bill Brundage | Chief Financial Officer |
McClaran Hayes | Zelman & Associates |
David Manthey | Baird |
Brian Biros | Thompson Research Group |
Will Jones | Redburn |
Gregor Kuglitsch | UBS |
Harry Goad | Berenberg |
Good morning, ladies and gentlemen. My name is Daisy, and I'll be your conference operator today. At this time, I would like to welcome you to Ferguson's First Quarter Conference Call. All lines have been placed on mute to prevent any interference with the presentation. At the end of the prepared remarks, there will be a question-and-answer session.