Lincoln Electric Holdings Inc at Stifel Cross Sector Insight Conference Transcript
Okay. Good morning, everybody. I hope you had a fun night last night. I was asleep by 9:00, so I'm fresh. Welcome to Lincoln Electric. We have Vince Petrella, CFO; Amanda Butler from IR. We are going to use a bull and bear case format, where I'm going to run through 3 bear cases, Vince is going to completely emasculate me for asking dumb questions. Then we're going to go to the bull cases, where Vince will be a little happier.
Questions & Answers
I am going to start with a question outside of those, first. So Lincoln is known to have a resilient operating model that protects margins and cash generation through an economic cycle. Given the latest economic matrix, where do you see demand trends today?
Well, so the first quarter, just
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