Item 2.02. Results of Operations and Financial Condition.
On January 21, 2009, Allegheny Technologies Incorporated held its fourth
quarter 2008 earnings conference call, broadcast live by webcast. The conference
call script is attached as Exhibit 99.1 and is being furnished, not filed, under
Item 2.02 of this Current Report on Form 8-K.
Certain statements in the script contain "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of 1995. Certain
statements in the script relate to future events and expectations and, as such,
constitute forward-looking statements. Forward-looking statements include those
containing such words as "anticipates," "believes," "estimates," "expects,"
"would," "should," "will," "will likely result," "forecast," "outlook,"
"projects," and similar expressions. Forward-looking statements are based on
management's current expectations and include known and unknown risks,
uncertainties and other factors, many of which we are unable to predict or
control, that may cause our actual results, performance or achievements to
materially differ from those expressed or implied in the forward-looking
statements. Important factors that could cause actual results to differ
materially from those in the forward-looking statements include: (a) material
adverse changes in economic or industry conditions generally, including credit
market conditions and related issues, and global supply and demand conditions
and prices for our specialty metals; (b) material adverse changes in the markets
we serve, including the aerospace and defense, construction and mining,
automotive, electrical energy, chemical process industry, oil and gas, medical
and other markets; (c) our inability to achieve the level of cost savings,
productivity improvements, synergies, growth or other benefits anticipated by
management, including those anticipated from strategic investments and the
integration of acquired businesses, whether due to significant increases in
energy, raw materials or employee benefits costs, the possibility of project
cost overruns or unanticipated costs and expenses, or other factors;
(d) volatility of prices and availability of supply of the raw materials that
are critical to the manufacture of our products; (e) declines in the value of
our defined benefit pension plan assets or unfavorable changes in laws or
regulations that govern pension plan funding; (f) significant legal proceedings
or investigations adverse to us; (g) other risk factors summarized in our Annual
Report on Form 10-K for the year ended December 31, 2007, and in other reports
filed with the Securities and Exchange Commission. We assume no duty to update
our forward-looking statements.
Item 7.01. Regulation FD.
The disclosure furnished above under Item 2.02 is hereby incorporated by
reference into and furnished under this Item 7.01.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits.
Exhibit 99.1 Script for Allegheny Technologies Incorporated fourth quarter 2008
earnings conference call.
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