2013 was a big year for Harley-Davidson.

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "2013 was a big year for Harley-Davidson."

Transcription

1 TO OUR STAKEHOLDERS 2013 was a big year for Harley-Davidson. From the introduction of our game-changing Project RUSHMORE motorcycles and reveal of the Harley-Davidson Street 750 and 500, to our continued global expansion, the launch of flexible surge production, our 110th ANNIVERSARY CELEBRATION, the rollout of our new ecommerce site and more, the year was full of milestones and momentum. Our entire team has been relentless at driving improvements throughout the organization that enable us as a customer-led company to design, build and deliver motorcycles with unprecedented speed, efficiency, safety and quality. Together with our dealers, we continued to broaden our customer base globally and inspire both longtime and new riders to experience our brand. KEITH WANDELL, Chairman, President and Chief Executive Officer, Harley Davidson, Inc., shares his thoughts on 2013 s company milestones. In 2013, these efforts again translated into growth in sales, financial performance and shareholder value. Net income climbed 17.6 percent on consolidated revenue growth of 5.7 percent. Earnings per share increased 20.6 percent compared to The global network of Harley-Davidson dealers sold 260,839 new Harley-Davidson motorcycles, a 4.4 percent increase, with continued improvement internationally and among both core and outreach customers in the U.S. PAGE 01

2 We realized $310 million of restructuring savings in 2013 and expect the now-completed restructuring activities to result in annual savings of approximately $320 million beginning in 2014 Total Harley-Davidson shareholder returns rose approximately 43 percent in 2013, outpacing the S&P 500. Dividends increased 35.5 percent compared to the prior year and we repurchased 7.7 million shares of the company s stock on a discretionary basis. The global network of Harley-Davidson dealers sold 260,839 CUSTOMER-LED MOTORCYCLES NEW HARLEY-DAVIDSON MOTORCYCLES With the biggest launch of new motorcycle models in Harley-Davidson s history, 2013 was a breakout year for new products. The PROJECT RUSHMORE motorcycles are the first to come through our new, world-class product development pipeline and introduce major innovation and design improvements. They were developed with a level of consumer input that brought the voice of the customer to product design in an unparalleled way for us. The eight models in the RUSHMORE lineup were enthusiastically embraced right out of the gate by riders in the U.S. and internationally, and by core and outreach customers. In the first 45 days at retail, the RUSHMORE motorcycles sparked the largest year-over-year new model year sales increase in two decades. Earnings per share increased 20.6% COMPARED TO 2012 PAGE 02

3 On the heels of Rushmore, we revealed the Street 750 and Street 500 to great enthusiasm. In developing these motorcycles, we interviewed more than 3,000 consumers and dealers in more than 10 countries to understand what they re looking for in a Harley-Davidson motorcycle. The Street 750 and Street 500 turn those insights into motorcycles designed for the lifestyle and riding needs of a growing generation of urban young adults globally. Harley-Davidson Street hits the showroom floor this spring and summer in select markets. As we look down the road, there s a lot more to come incredible new motorcycles that are in our product development pipeline. FLEXIBLE, RESPONSIVE MANUFACTURING Flexible manufacturing hit the ground running at Harley-Davidson in With the nearly seamless launch of surge production at our York, Pa. plant early in the year, we were able to ramp up production heading into spring and build motorcycles closer to seasonal sales patterns. We ve gained tremendous flexibility to adjust more quickly to other market dynamics as well, better matching the production of our 30 models in all their variations to shifts in customer and geographic demand. And early this year we launched seasonal surge production at our Kansas City plant another milestone as we continue to deliver the improvements in manufacturing flexibility that will increasingly enable us to get the right motorcycles to the right customers at the right time. GROWING OUR REACH Together with our dealers, we continued to broaden our reach to new customers, even as we strengthened the bonds with longtime riders in We grew sales internationally, grew sales in the U.S., and within the U.S. grew sales both to core and outreach customers. Nearly 6 in 10 sales of new Harley-Davidson motorcycles globally were to customers outside our traditional U.S. base of Caucasian men ages 35-plus. In the U.S., retail sales of new Harley-Davidson motorcycles to U.S. outreach customers who we define as young adults 18-34, women, African Americans and Hispanics grew at more than twice the rate of sales growth to core customers in PAGE 03

4 Last April, we reported that, for the fifth straight year, Harley-Davidson was the U.S. market share leader in new motorcycle sales to each of our outreach segments, across all sizes of on-street motorcycles. We expect to make it six years in a row when the new data comes out in April IN10 SALES OF NEW HARLEY-DAVIDSON MOTORCYCLES GLOBALLY WERE TO CUSTOMERS OUTSIDE OUR TRADITIONAL U.S. BASE In Brazil, our largest Latin America market, we captured the market share lead in the 601cc and above category for the first time in Overall, retail sales of new Harley-Davidson motorcycles in Latin America were up more than 13 percent. In the 16-country Europe market, we grew our market share year over year and held the number two position in the highly competitive 601cc and up segment, despite a continued challenging economy in which Harley-Davidson new motorcycle sales volume decreased 3 percent. In EMEA outside the 16-country Europe market, retail new Harley-Davidson motorcycle sales grew 11.4 percent year over year. We had our highest level of new motorcycle sales ever in our Asia-Pacific markets, selling 26,890 motorcycles, up 9.8 percent from We had particularly strong growth rates in emerging markets, including India and China, and again were the market share leader in the 601cc-plus category in both Japan and Australia. GREAT CUSTOMER EXPERIENCES Our dealers already provide what we believe is the best customer experience in the power sports industry and we re working closely with the dealers to ensure this remains a competitive advantage for Harley-Davidson. Our goal is to be the best, period, regardless of industry, when it comes to providing a trusted, personal and social experience for customers at every touchpoint. We ve put the tools, training and technology in place, in close partnership with our dealers, to constantly drive the evolution of that customer experience. In 2013, more than 5,000 dealership personnel in 255 stores took part in intensive, in-store learning on best practices for providing great customer experiences. In 2014, we will complete this training for the balance of the global dealer network. PAGE 04

5 Worldwide, we were selling motorcycles in 89 countries through 1,458 independently owned dealer stores at the end of Since 2009, we have targeted the addition of 100 to 150 new international dealer points through 2014 and over the last four years, we have opened 118, with two-thirds of them in emerging markets. 118 NEW DEALER POINTS OPENED OVER THE LAST FOUR YEARS 2 IN 3 NEW DEALER POINTS ARE LOCATED IN EMERGING MARKETS When it comes to providing great customer experiences, Harley-Davidson Financial Services has been a longtime strategic advantage for Harley-Davidson in the U.S. and now, increasingly abroad. HDFS helps enable sales of Harley- Davidson motorcycles while providing an attractive return to the company and our shareholders. Outside North America, HDFS launched 12 new finance and insurance programs in 2013, and at year-end offered 68 finance and insurance programs in 26 countries in support of Harley-Davidson motorcycle sales for Latin America, Asia Pacific, and EMEA. In 2014, HDFS expects to continue to expand its program offerings and training to continue to improve the F&I experience our dealers provide to riders. PAGE 05

6 THE ROAD AHEAD Harley-Davidson is coming off a great year. We achieved what we set out to do from new products to manufacturing operations, retail gains and the growing diversity of our customer base and all the credit goes to our employees, dealers and suppliers. They come to work every day with a relentless focus on providing customers a great experience, and they re doing an outstanding job of delivering on our strategies in manufacturing, product development and at retail. The company and brand are strong, and we are better positioned than ever to deliver for our customers and fulfill the dreams of personal freedom for people around the world. As always, there s more to do and we take nothing for granted. As we look at 2014 and beyond, we remain focused on success for the long term. We believe we are in a great position to leverage our momentum, expand our reach among new and existing customers, and further strengthen Harley- Davidson s position as one of the world s leading brands. Keith E. Wandell Chairman, President and Chief Executive Officer Harley-Davidson, Inc. This letter includes forward-looking statements regarding Harley-Davidson, Inc. and its subsidiaries, that are subject to risks that could cause actual results to be materially different. Those risks include, among others, matters we have noted in our latest earnings release and filings with the U.S. SEC. Unless otherwise noted, the information presented, including without limitation all forward-looking statements, speaks only as of January 30, 2014 and does not reflect subsequent events, circumstances or changes in expectations. Inclusion of such forward-looking statements also does not constitute a reaffirmation of such statements as of any subsequent date. Harley-Davidson disclaims any obligation to update any such information and does not intend to update such information, if at all, until the Company s next quarterly earnings release, which is currently scheduled to occur on April 22, PAGE 06

FOSSIL GROUP, INC. REPORTS FOURTH QUARTER AND FISCAL YEAR 2014 RESULTS; Fourth Quarter Net Sales of $1.065 Billion; Diluted EPS Increases 12% to $3.

FOSSIL GROUP, INC. REPORTS FOURTH QUARTER AND FISCAL YEAR 2014 RESULTS; Fourth Quarter Net Sales of $1.065 Billion; Diluted EPS Increases 12% to $3. FOSSIL GROUP, INC. REPORTS FOURTH QUARTER AND FISCAL YEAR 2014 RESULTS; Fourth Quarter Net Sales of $1.065 Billion; Diluted EPS Increases 12% to $3.00 Fiscal Year 2014 Net Sales Increase 8% to $3.510 Billion;

More information

FOSSIL GROUP, INC. REPORTS THIRD QUARTER 2014 RESULTS. Third Quarter Net Sales Increase 10% to $894 Million; Diluted EPS Increases 24% to $1.

FOSSIL GROUP, INC. REPORTS THIRD QUARTER 2014 RESULTS. Third Quarter Net Sales Increase 10% to $894 Million; Diluted EPS Increases 24% to $1. FOSSIL GROUP, INC. REPORTS THIRD QUARTER RESULTS Third Quarter Net Sales Increase 10% to $894 Million; Diluted EPS Increases 24% to $1.96 Updates Full Year Guidance and Provides Fourth Quarter Guidance

More information

HOPKINTON, Mass., April 24, 2013 - HIGHLIGHTS:

HOPKINTON, Mass., April 24, 2013 - HIGHLIGHTS: HOPKINTON, Mass., April 24, 2013 - HIGHLIGHTS: Record first-quarter revenue, non-gaap net income, non-gaap EPS, operating cash flow and free cash flow Year-over-year revenue growth across U.S. and major

More information

Recommendation. P/Book 2.66 Div Yield 1.6% Profitability & Effectiveness ROE 13.14% Debt/Equity 2.67 Profit Margin 5.69%

Recommendation. P/Book 2.66 Div Yield 1.6% Profitability & Effectiveness ROE 13.14% Debt/Equity 2.67 Profit Margin 5.69% Ticker: HOG Sector: Consumer Cyclical Industry: Recreational Product Recommendation: BUY Pricing Closing Price $23.61 (7/19/10) 52-wk High $36.13 52-wk Low $18.43 Market Data Market Cap $5.56B Trading

More information

Group sales stable on a currency-neutral basis Results significantly impacted by negative currency effects adidas Group confirms full year guidance

Group sales stable on a currency-neutral basis Results significantly impacted by negative currency effects adidas Group confirms full year guidance For immediate release Herzogenaurach, May 6, 2014 First Quarter 2014 Results: Group sales stable on a currency-neutral basis Results significantly impacted by negative currency effects adidas Group confirms

More information

EARNINGS RELEASE FOR IMMEDIATE RELEASE EXPEDITORS REPORTS FOURTH QUARTER 2014 EPS OF $0.51 PER SHARE 1

EARNINGS RELEASE FOR IMMEDIATE RELEASE EXPEDITORS REPORTS FOURTH QUARTER 2014 EPS OF $0.51 PER SHARE 1 By: Expeditors International of Washington, Inc. 1015 Third Avenue, Suite 1200 Seattle, Washington 98104 EARNINGS RELEASE CONTACTS: R. Jordan Gates Bradley S. Powell President and Chief Operating Officer

More information

irobot First-Quarter 2015 Conference Call Script

irobot First-Quarter 2015 Conference Call Script irobot First-Quarter 2015 Conference Call Script Operator: Good day everyone and welcome to the irobot first-quarter 2015 financial results conference call. This call is being recorded. At this time for

More information

MEDIA RELEASE SIKA WITH STRONG GROWTH IN EMERGING MARKETS

MEDIA RELEASE SIKA WITH STRONG GROWTH IN EMERGING MARKETS DATUM 1 / 6 Zugerstrasse 50 6341 Baar, Switzerland www.sika.com CONTACT TELEPHONE E MAIL Dominik Slappnig Corporate Communications & Investor Relations +41 58 436 68 21 slappnig.dominik@ch.sika.com SIKA

More information

FURTHER PROFIT GROWTH IN FIRST-HALF 2015

FURTHER PROFIT GROWTH IN FIRST-HALF 2015 FURTHER PROFIT GROWTH IN FIRST-HALF 2015 Net sales of 37.7bn, up +5.2% (+2.9% on an organic basis) Growth in Recurring Operating Income: 726m, +2.6% at constant rates Strong growth in adjusted net income,

More information

WE ARE THE FUTURE OF PERFORMANCE NUTRITION

WE ARE THE FUTURE OF PERFORMANCE NUTRITION WE ARE THE FUTURE OF PERFORMANCE NUTRITION 1981 WE ARE #1 THE GLOBAL SPORTS NUTRITION BRAND FAMILY CLEAR MISSION Inspire people everywhere to achieve their performance goals By becoming their trusted

More information

last page of this release. 3 Operating margin is calculated as operating income divided by net revenues.

last page of this release. 3 Operating margin is calculated as operating income divided by net revenues. By: EARNINGS RELEASE Expeditors International of Washington, Inc. 1015 Third Avenue, Suite 1200 Seattle, Washington 98104 CONTACTS: R. Jordan Gates Bradley S. Powell President and Chief Operating Officer

More information

2012 Letter from Our Chief Executive Officer

2012 Letter from Our Chief Executive Officer 2012 Letter from Our Chief Executive Officer Our strong performance in fiscal 2012 demonstrates that our growth strategy enabled us to further differentiate Accenture in the marketplace and deliver significant

More information

Mazda Motor Corporation FISCAL YEAR MARCH 2016 FULL YEAR FINANCIAL RESULTS (Speech Outline)

Mazda Motor Corporation FISCAL YEAR MARCH 2016 FULL YEAR FINANCIAL RESULTS (Speech Outline) (For your information) April 27, 2016 Mazda Motor Corporation FISCAL YEAR MARCH 2016 FULL YEAR FINANCIAL RESULTS (Speech Outline) Managing Executive Officer Tetsuya Fujimoto Thank you for joining our earnings

More information

Full Year Results 2012. Conference Call Presentation, 21 st March 2013

Full Year Results 2012. Conference Call Presentation, 21 st March 2013 Full Year Results 2012 Conference Call Presentation, 21 st March 2013 0 Disclaimer This presentation may contain forward-looking statements based on current assumptionsandforecastsmadebybrenntag AG and

More information

INTERACTIVE DATA CORPORATION REPORTS SECOND-QUARTER RESULTS AND REAFFIRMS 2004 OUTLOOK

INTERACTIVE DATA CORPORATION REPORTS SECOND-QUARTER RESULTS AND REAFFIRMS 2004 OUTLOOK INTERACTIVE DATA CORPORATION REPORTS SECOND-QUARTER RESULTS AND REAFFIRMS 2004 OUTLOOK Second-quarter Revenue Increases 6.7%; Net Income Increases by 7.5% BEDFORD, Mass July 22, 2004 Interactive Data Corporation

More information

GAP INC. REPORTS FOURTH QUARTER AND FISCAL YEAR 2014 RESULTS

GAP INC. REPORTS FOURTH QUARTER AND FISCAL YEAR 2014 RESULTS GAP INC. REPORTS FOURTH QUARTER AND FISCAL YEAR 2014 RESULTS Fourth Quarter 2014 Earnings Per Share Grew 10 Percent; Up 20 Percent Excluding Foreign Exchange Impact Fiscal Year 2014 Earnings Per Share

More information

*See note 4 to our Summary Financial Information table below concerning our current operational and reporting structure

*See note 4 to our Summary Financial Information table below concerning our current operational and reporting structure INTERIM REPORT 1(39) Nokia Corporation Interim Report for Q1 2014 FINANCIAL AND OPERATING HIGHLIGHTS First quarter 2014 highlights for continuing operations*: Nokia s non-ifrs diluted EPS in Q1 2014 of

More information

FY2010 Results Presentation. 23 March 2011

FY2010 Results Presentation. 23 March 2011 FY2010 Results Presentation 23 March 2011 Disclaimer This document is of a purely informative nature and does not constitute an offer to sell, exchange or buy, or the solicitation of an offer to buy, securities

More information

Address by CEO Karl-Johan Persson at H&M s AGM 2015

Address by CEO Karl-Johan Persson at H&M s AGM 2015 Address by CEO Karl-Johan Persson at H&M s AGM 2015 Good afternoon everybody, and a warm welcome to H&M s annual general meeting 2015. I am very pleased to see so many of you here today. As always, lots

More information

TO OUR SHAREHOLDERS A MESSAGE FROM THE CEO. shareholders equity ratio and ROE both rose to over 10%.

TO OUR SHAREHOLDERS A MESSAGE FROM THE CEO. shareholders equity ratio and ROE both rose to over 10%. TO OUR SHAREHOLDERS A MESSAGE FROM THE CEO During the fiscal year ended March 31, 2004, attained record-high total revenues, income before income taxes, and net income. We also made steady progress in

More information

DILUTED EPS $0.87, UP 23% FROM $0.71

DILUTED EPS $0.87, UP 23% FROM $0.71 FOR IMMEDIATE RELEASE CITIGROUP SECOND QUARTER CORE INCOME RISES 21% TO $3.0 BILLION First Half Core Income up 35% to $6.6 Billion Revenues up 10% to $16.4 Billion from $15.0 Billion DILUTED EPS $0.87,

More information

DILUTED EPS $1.04, UP BY MORE THAN 50% FROM $0.68

DILUTED EPS $1.04, UP BY MORE THAN 50% FROM $0.68 FOR IMMEDIATE RELEASE Citigroup Reports Record Core Income for the First Quarter First Quarter Core Income Rises 49% to $3.6 Billion from $2.4 Billion Revenues up 19% to $17.5 Billion from $14.7 Billion

More information

CASE STUDY: IIS GIVES A GLOBAL BEAUTY AND FASHION COMPANY AN IT MAKE-OVER MISSION ACCOMPLISHED

CASE STUDY: IIS GIVES A GLOBAL BEAUTY AND FASHION COMPANY AN IT MAKE-OVER MISSION ACCOMPLISHED CASE STUDY: IIS GIVES A GLOBAL BEAUTY AND FASHION COMPANY AN IT MAKE-OVER MISSION ACCOMPLISHED IIS GIVES A GLOBAL BEAUTY AND FASHION COMPANY AN IT MAKE-OVER IIS is a long-time trusted resource to one of

More information

The ReThink Group plc ( ReThink Group or the Group ) Unaudited Interim Results. Profits double as strategy delivers continued improved performance

The ReThink Group plc ( ReThink Group or the Group ) Unaudited Interim Results. Profits double as strategy delivers continued improved performance The ReThink Group plc ( ReThink Group or the Group ) Unaudited Interim Results Profits double as strategy delivers continued improved performance The Group (AIM: RTG), one of the UK s leading recruitment

More information

adidas Group records stellar financial performance in Q3 2015 and raises full year guidance

adidas Group records stellar financial performance in Q3 2015 and raises full year guidance FOR IMMEDIATE RELEASE Herzogenaurach, November 5, 2015 Nine Months 2015 Results: adidas Group records stellar financial performance in Q3 2015 and raises full year guidance Major developments in Q3 2015

More information

Slide 1, Opening Matt Ginter, Treasurer and Vice President, Investor Relations

Slide 1, Opening Matt Ginter, Treasurer and Vice President, Investor Relations Q3 2015 Earnings Call Transcript Inge Thulin & Nicholas Gangestad October 22, 2015 Slide 1, Opening Matt Ginter, Treasurer and Vice President, Investor Relations Thank you and good morning everyone. Welcome

More information

Over 60,000 people helping customers manage risk in more than 170 countries.

Over 60,000 people helping customers manage risk in more than 170 countries. Zurich at a Glance Over 60,000 people helping customers manage risk in more than 170 countries. Zurich at a Glance 1 Since 1872 We ve been in the business of insurance. Reaching out from our home market

More information

IV. DEMOGRAPHIC PROFILE OF THE OLDER POPULATION

IV. DEMOGRAPHIC PROFILE OF THE OLDER POPULATION World Population Ageing 195-25 IV. DEMOGRAPHIC PROFILE OF THE OLDER POPULATION A. AGE COMPOSITION Older populations themselves are ageing A notable aspect of the global ageing process is the progressive

More information

For personal use only GALE PACIFIC LIMITED

For personal use only GALE PACIFIC LIMITED GALE PACIFIC LIMITED RESULTS FOR YEAR ENDED 30 JUNE 2013 FY13 Review FY13 FY12 FY11 A$M S A$M S % Variance A$M S Sales 120.0 110.5 9% 95.6 EBITDA 18.0 18.0 0% 15.8 EBIT 12.9 12.5 4% 9.9 NPAT 9.1 8.5 7%

More information

W.W. Grainger, Inc. First Quarter 2015 Results Page 1 of 9

W.W. Grainger, Inc. First Quarter 2015 Results Page 1 of 9 W.W. Grainger, Inc. First Quarter 2015 Results Page 1 of 9 News Release GRAINGER REPORTS RESULTS FOR THE 2015 FIRST QUARTER Revises 2015 Guidance Quarterly Summary Sales of $2.4 billion, up 2 percent Operating

More information

ANNUAL REPORT FOR THE 2011/12 FINANCIAL YEAR

ANNUAL REPORT FOR THE 2011/12 FINANCIAL YEAR ANNUAL REPORT FOR THE 20 FINANCIAL YEAR 15 August 2012 1 AGENDA THE FULL YEAR AND FOURTH QUARTER HIGHLIGHTS Tue Mantoni, CEO THE FINANCIAL RESULT FOR THE FOURTH QUARTER OF 20 Henning Bejer Beck, CFO THE

More information

Management Report Corporate Profile Annual Report 2014 Continental AG 42

Management Report Corporate Profile Annual Report 2014 Continental AG 42 Management Report Corporate Profile Annual Report 2014 Continental AG 42 Corporate Strategy A balanced product portfolio, technological and market leadership in the market segments relevant to us, as well

More information

Consolidated Earnings Report for the Second Quarter of Fiscal 2011 [Japanese GAAP]

Consolidated Earnings Report for the Second Quarter of Fiscal 2011 [Japanese GAAP] Consolidated Earnings Report for the Second Quarter of Fiscal 2011 [Japanese GAAP] October 27, 2010 Company Name: KOITO MANUFACTURING CO., LTD. Stock Listing: First Section, Tokyo Stock Exchange Code Number:

More information

Delta Galil Reports 2016 First Quarter Results

Delta Galil Reports 2016 First Quarter Results Delta Galil Reports 2016 First Quarter Results Sales Rise to $256.7 Million; Net Income to Shareholders is $7.9 Million Reaffirms 2016 Guidance; Sales Expected to Reach $1,090 Million-$1,110 Million and

More information

Accenture Overview Page 1

Accenture Overview Page 1 Accenture Overview Page 1 Company Overview Accenture is one of the world s leading management consulting, technology services and outsourcing organizations, with more than 246,000 employees; offices and

More information

N E W S R E L E A S E

N E W S R E L E A S E N E W S R E L E A S E Foot Locker, Inc. 112 West 34 th Street, New York, NY 10120 Contact: John A. Maurer Vice President, Treasurer and Investor Relations Foot Locker, Inc. (212) 720-4092 FOOT LOCKER,

More information

PwC FY 2013 Global Revenues Grow to US$32.1 billion

PwC FY 2013 Global Revenues Grow to US$32.1 billion Press release Date EMBARGO 08:00 New York time Tuesday 1 October 2013 Contact Mike Davies + 44 20 7804 2378 Email: mike.davies@uk.pwc.com Mike Ascolese Tel: +1 646 471 8106 Email: mike.ascolese@us.pwc.com

More information

Six Key Trends Changing Supply Chain Management Today. Choosing the optimal strategy for your business

Six Key Trends Changing Supply Chain Management Today. Choosing the optimal strategy for your business A Knowledge-Driven Consulting White Paper 2009 Corporation Six Key Trends Changing Supply Chain Management Today Choosing the optimal strategy for your business Contents Demand Planning.........................................

More information

Novelis Q3 Fiscal Year 2016 Earnings Conference Call

Novelis Q3 Fiscal Year 2016 Earnings Conference Call Novelis Q3 Fiscal Year 2016 Earnings Conference Call February 9, 2016 Steve Fisher President and Chief Executive Officer Steve Pohl Vice President and Interim Chief Financial Officer 1 Safe Harbor Statement

More information

Regal Beloit Corporation Fourth Quarter 2014 Earnings Conference Call

Regal Beloit Corporation Fourth Quarter 2014 Earnings Conference Call Regal Beloit Corporation Fourth Quarter 2014 Earnings Conference Call February 17, 2015 Mark Gliebe Chairman and Chief Executive Officer Jon Schlemmer Chief Operating Officer Chuck Hinrichs Vice President

More information

Banco Santander s profit rose 90% to EUR 4.370 billion in 2013

Banco Santander s profit rose 90% to EUR 4.370 billion in 2013 Press Release Banco Santander s profit rose 90% to EUR 4.370 billion in 2013 BUSINESS. Deposits were stable at EUR 607,836 million, while mutual funds grew by 14% to EUR 93,304 million. Loans decreased

More information

For personal use only

For personal use only COMPUMEDICS LIMITED (ACN 006 854 897) ASX final report 30 June 2014 Lodged with the ASX under Listing Rule 4.3A Contents Results for Announcement to the Market (Appendix 4E item 2) Consolidated statement

More information

Europe: Growth of +7.8% in Recurring Operating Income France: New half of improved profitability

Europe: Growth of +7.8% in Recurring Operating Income France: New half of improved profitability 2014 FIRST HALF RESULTS: CONTINUED GROWTH Organic sales growth of 4.3% Increase in Recurring Operating Income of +13.8% Strong increase in adjusted net income, Group share of +16.7% Strong profit growth

More information

FOR IMMEDIATE RELEASE

FOR IMMEDIATE RELEASE By: EARNINGS RELEASE Expeditors International of Washington, Inc. 1015 Third Avenue, Suite 1200 Seattle, Washington 98104 CONTACTS: R. Jordan Gates Bradley S. Powell President and Chief Operating Officer

More information

Herzogenaurach, Germany, July 27, 2004 PUMA AG announces its consolidated nd

Herzogenaurach, Germany, July 27, 2004 PUMA AG announces its consolidated nd P Quarter P Half-Year For immediate release MEDIA CONTACT: INVESTOR CONTACT: U.S.A.: Lisa Beachy, Tel. +1 617 488 2945 Europe: Ulf Santjer, Tel. +49 9132 81 2489 Dieter Bock, Tel. +49 9132 81 2261 Herzogenaurach,

More information

Herman Miller, Inc. First Quarter Fiscal 2016 Investor Conference Call September 17, 2015

Herman Miller, Inc. First Quarter Fiscal 2016 Investor Conference Call September 17, 2015 Herman Miller, Inc. First Quarter Fiscal 2016 Investor Conference Call September 17, 2015 The following document is a replication of the notes used in Herman Miller, Inc. s First Quarter Fiscal 2016 conference

More information

The 2014. Executive Search Industry Global Outlook Report

The 2014. Executive Search Industry Global Outlook Report The 2014 Executive Search Industry Global Outlook Report About The Association of Executive Search Consultants The Association of Executive Search Consultants (AESC) is the worldwide professional association

More information

Full Year 2015 Results Presentation. 9 March 2016

Full Year 2015 Results Presentation. 9 March 2016 Results Presentation 9 March 2016 1 Disclaimer This document and the information herein does not constitute an offer to sell, to buy or to exchange, nor an invitation to make an offer to buy, to sell or

More information

Forward Looking Statement

Forward Looking Statement Forward Looking Statement This presentation contains forward-looking statements which are statements that refer to expectations and plans for the future and include, without limitation, statements regarding

More information

FOOT LOCKER, INC. REPORTS THIRD QUARTER RESULTS

FOOT LOCKER, INC. REPORTS THIRD QUARTER RESULTS N E W S R E L E A S E FOOT LOCKER, INC. REPORTS THIRD QUARTER RESULTS Contact: Peter D. Brown Senior Vice President, Chief Information Officer and Investor Relations Foot Locker, Inc. (22) 720-4254 Third

More information

Ralph Lauren. Shelby Gray Group #2 BUS 440.02 11:30

Ralph Lauren. Shelby Gray Group #2 BUS 440.02 11:30 Ralph Lauren Shelby Gray Group #2 BUS 440.02 11:30 0 COMPANY OVERVIEW Polo Ralph Lauren is a company specializing in the production of lifestyle products. Ralph Lauren began forty years ago with simply

More information

Sales increased 15 percent to $4.5 billion Earnings per Share increased 37 percent to $0.96 Operating Cash Flow increased 22 percent to $319 million

Sales increased 15 percent to $4.5 billion Earnings per Share increased 37 percent to $0.96 Operating Cash Flow increased 22 percent to $319 million Contact: Mark Polzin (314) 982-1758 John Hastings (314) 982-8622 EMERSON REPORTS RECORD FIRST-QUARTER 2006 RESULTS Sales increased 15 percent to $4.5 billion Earnings per Share increased 37 percent to

More information

FOR IMMEDIATE RELEASE

FOR IMMEDIATE RELEASE FOR IMMEDIATE RELEASE O-I REPORTS FULL YEAR AND FOURTH QUARTER 2014 RESULTS O-I generates second highest free cash flow in the Company s history PERRYSBURG, Ohio (February 2, 2015) Owens-Illinois, Inc.

More information

Media Contact: Mike Conway Director, Corporate Communications Sherwin-Williams Direct: 216.515.4393 Pager: 216.422.3751 mike.conway@sherwin.

Media Contact: Mike Conway Director, Corporate Communications Sherwin-Williams Direct: 216.515.4393 Pager: 216.422.3751 mike.conway@sherwin. The Sherwin-Williams Company Reports First Quarter 2012 Financial Results Consolidated net sales increased 15.1% to a record $2.14 billion Diluted net income per common share increased 50.8% to a record

More information

(800) 438-0349 (415) 501-3317 LEVI STRAUSS & CO. ANNOUNCES SECOND-QUARTER 2010 FINANCIAL RESULTS

(800) 438-0349 (415) 501-3317 LEVI STRAUSS & CO. ANNOUNCES SECOND-QUARTER 2010 FINANCIAL RESULTS FOR IMMEDIATE RELEASE Investor Contact: Roger Fleischmann Media Contact: Jeff Beckman Levi Strauss & Co. Levi Strauss & Co. (800) 438-0349 (415) 501-3317 rfleischmann@levi.com jbeckman@levi.com LEVI STRAUSS

More information

15 October Burberry Group plc. First Half Trading Update

15 October Burberry Group plc. First Half Trading Update 15 October 2013 Burberry Group plc First Half Trading Update Highlights for the six months to 30 2013 Total revenue 1,031m, up 14% underlying Retail revenue 694m, up 17% underlying - 13% comparable store

More information

Interim report January 1 March 31, 2014

Interim report January 1 March 31, 2014 Odd Molly International AB (publ) Stockholm, Sweden, April 29, 2014 Interim report January 1 March 31, 2014 More stores and new sales organization January 1 March 31, 2014 Net sales amounted to SEK 82.8

More information

Development of the Sumitomo Life Medium-Term Business Plan 2016

Development of the Sumitomo Life Medium-Term Business Plan 2016 Development of the Sumitomo Life Medium-Term Business Plan 2016 April 18, 2014 Sumitomo Life Insurance Company ~ Three-Year Plan for Brand Evolution and Establishment of a New Growth Path ~ Sumitomo Life

More information

Hitachi Transfers Hard Disk Drive Business to Western Digital

Hitachi Transfers Hard Disk Drive Business to Western Digital FOR IMMEDIATE RELEASE Hitachi Transfers Hard Disk Drive Business to Western Digital Irvine, Calif., U.S., and Tokyo, Japan, March 7, 2011 --- Western Digital Corporation (NYSE: WDC, WD ) and Hitachi, Ltd.

More information

DUCATI. The market for motorcycles in 2001. Products

DUCATI. The market for motorcycles in 2001. Products DUCATI By the end of 2000, Ducati had transformed from a company on the verge of bankruptcy into one of the most profitable motorcycle manufacturers in the world. Revenues had quadrupled since 199; EBITDA

More information

Announcement of Completion of Heraeus Holding GmbH s Dental Materials Business Share Purchase

Announcement of Completion of Heraeus Holding GmbH s Dental Materials Business Share Purchase July 1, 2013 Mitsui Chemicals, Inc. Announcement of Completion of Heraeus Holding GmbH s Dental Materials Business Share Purchase Mitsui Chemicals, Inc. (Toshikazu Tanaka, President & CEO) announced in

More information

FTI Consulting +44 (0)20 3727 1340 Richard Mountain / Susanne Yule

FTI Consulting +44 (0)20 3727 1340 Richard Mountain / Susanne Yule 13 October 2015 THIRD QUARTER 2015 INTERIM MANAGEMENT STATEMENT Highlights* 10.2% Group gross profit growth, good contributions from all four regions FX lowered gross profit by c. 7m (c. 18m YTD) Double-digit

More information

Brunswick Earnings Conference Call Q3, 2015

Brunswick Earnings Conference Call Q3, 2015 Brunswick Earnings Conference Call Q3, 2015 Helping Active People Live Active Lives Forward-Looking Statements Certain statements in this presentation are forward-looking as defined in the Private Securities

More information

Do Not Copy. SAP: Building a Leading Technology Brand (A) CONTENTS ABSTRACT

Do Not Copy. SAP: Building a Leading Technology Brand (A) CONTENTS ABSTRACT ID#090518A REVISED ON SEPTEMBER 14, 2009 CENTER ON GLOBAL BRAND LEADERSHIP CASE SERIES SAP: Building a Leading Technology Brand (A) BY BERND H. SCHMITT * AND DAVID ROGERS ABSTRACT Hasso Plattner, co-ceo

More information

Verifone Reports Results for the Second Quarter of Fiscal 2016

Verifone Reports Results for the Second Quarter of Fiscal 2016 Verifone Reports Results for the Second Quarter of Fiscal 2016 SAN JOSE, Calif. (BUSINESS WIRE) Verifone (NYSE: PAY), a world leader in payments and commerce solutions, today announced financial results

More information

PIERRE JEAN SIVIGNON FINANCIAL. Deputy Chief Executive Officer, Chief Financial Officer RESULTS

PIERRE JEAN SIVIGNON FINANCIAL. Deputy Chief Executive Officer, Chief Financial Officer RESULTS FULL YEAR RESULTS FINANCIAL RESULTS PIERRE JEAN SIVIGNON Deputy Chief Executive Officer, Chief Financial Officer FURTHER PROFIT GROWTH IN 2015 Variation at (in m) 2014 2015 (1) constant exch. rates Variation

More information

AZZ Inc. Reports Financial Results for the First Quarter of Fiscal Year 2017

AZZ Inc. Reports Financial Results for the First Quarter of Fiscal Year 2017 AZZ Inc. Reports Financial Results for the First Quarter of Fiscal Year 2017 First Quarter Fiscal 2017 EPS of $0.81, up 5.2% compared to $0.77 in Fiscal 2016 First Quarter Revenues of $242.7 million, up

More information

Accenture HR BPO Services helps parent company improve efficiencies, streamline workflows and reduce HR spend

Accenture HR BPO Services helps parent company improve efficiencies, streamline workflows and reduce HR spend Accenture HR BPO Services helps parent company improve efficiencies, streamline workflows and reduce HR spend Accenture never stands outside the marketplace looking in. It participates fully, examining

More information

May 11 th, 2011 GMO CLOUD K.K. (Mothers of the Tokyo Stock Exchange3788)

May 11 th, 2011 GMO CLOUD K.K. (Mothers of the Tokyo Stock Exchange3788) Presentation of Financial Results for the First Quarter of Fiscal Year 2011 May 11 th, 2011 GMO CLOUD K.K. (Mothers of the Tokyo Stock Exchange3788) http://ir.gmocloud.com/. Notice concerning the handling

More information

Management s Discussion and Analysis

Management s Discussion and Analysis Management s Discussion and Analysis 6 Financial Policy Sysmex regards increasing its market capitalization to maximize corporate value an important management objective and pays careful attention to stable

More information

DILUTED EPS $0.67, UP 26% FROM $0.53

DILUTED EPS $0.67, UP 26% FROM $0.53 FOR IMMEDIATE RELEASE CITIGROUP THIRD QUARTER CORE INCOME RISES 27% TO $3.1 BILLION First Nine Months Core Income up 32% to a Record $9.7 Billion Revenues up 15% to $16.8 Billion from $14.6 Billion DILUTED

More information

C. Medium-term Management Plan. Copyright 2015 NTT DATA Corporation 28

C. Medium-term Management Plan. Copyright 2015 NTT DATA Corporation 28 C. Medium-term Management Plan Copyright 2015 Corporation 28 Copyright 2015 Corporation 29 Targets for the Medium-term Management Plan Target figures for the Medium-term Management Plan (FY Ending March

More information

Annual General Shareholder Meeting. April 28th, 2011

Annual General Shareholder Meeting. April 28th, 2011 Annual General Shareholder Meeting 1 April 28th, 211 SAF-HOLLAND - Business Units at a Glance Business Unit Trailer Systems Sales 21: EUR 323mn (51% of group sales) Axle Systems Landing Gears Kingpins

More information

KINGSOFT ANNOUNCES 2015 ANNUAL RESULTS * * * REVENUE REACHES A NEW RECORD HIGH KINGSOFT CLOUD ENJOYS OUTSTANDING PERFORMANCE

KINGSOFT ANNOUNCES 2015 ANNUAL RESULTS * * * REVENUE REACHES A NEW RECORD HIGH KINGSOFT CLOUD ENJOYS OUTSTANDING PERFORMANCE For Immediate Release KINGSOFT ANNOUNCES ANNUAL RESULTS * * * REVENUE REACHES A NEW RECORD HIGH KINGSOFT CLOUD ENJOYS OUTSTANDING PERFORMANCE FINANCIAL HIGHLIGHTS (RMB 000) For the 3 Months Ended Dec 31

More information

CONSOLIDATED FINANCIAL HIGHLIGHTS

CONSOLIDATED FINANCIAL HIGHLIGHTS CONSOLIDATED FINANCIAL HIGHLIGHTS July 30, 2014 Nintendo Co., Ltd. 111 Hokotatecho, Kamitoba, Minamiku, Kyoto 6018501 Japan Consolidated Results for the Three Months Ended June 2013 and 2014 (1) Consolidated

More information

Health Care Worldwide. Citi - European Credit Conference September 24, 2015 - London

Health Care Worldwide. Citi - European Credit Conference September 24, 2015 - London Health Care Worldwide Citi - European Credit Conference September 24, 2015 - London Safe Harbor Statement This presentation contains forward-looking statements that are subject to various risks and uncertainties.

More information

Every year, I look forward to the Annual General Meeting and to presenting the Board's report on Coloplast for the past financial year.

Every year, I look forward to the Annual General Meeting and to presenting the Board's report on Coloplast for the past financial year. Chairman's report 2014-15 Annex 1 Michael Pram Rasmussen: 1. A challenging year for Coloplast Every year, I look forward to the Annual General Meeting and to presenting the Board's report on Coloplast

More information

Diluted net income per share (Yen) 90.03 129.05. Net assets per share assets. Equity

Diluted net income per share (Yen) 90.03 129.05. Net assets per share assets. Equity Summary of Consolidated Financial Results for the Nine months Ended December 31, 2008 February 3, 2009 Listed company name : Sysmex Corporation Code : 6869 Listed stock exchanges : Tokyo Stock Exchange

More information

WAL-MART STORES, INC. 800-331-0085 www.walmartstores.com/news/

WAL-MART STORES, INC. 800-331-0085 www.walmartstores.com/news/ WAL-MART STORES, INC. 800-331-0085 www.walmartstores.com/news/ FOR IMMEDIATE RELEASE Investor Relations Contacts Investor Relations 479-273-8446 Carol Schumacher 479-277-1498 Pauline Tureman 479-277-9558

More information

Adobe Q2 FY2013 Earnings Call Script June 18, 2013

Adobe Q2 FY2013 Earnings Call Script June 18, 2013 MIKE SAVIAGE Good afternoon and thank you for joining us today. Joining me on the call are Adobe s President and CEO, Shantanu Narayen, as well as Mark Garrett, Executive Vice President and CFO. In the

More information

For personal use only. DIGITAL PERFORMANCE GROUP Annual General Meeting 29 November 2013

For personal use only. DIGITAL PERFORMANCE GROUP Annual General Meeting 29 November 2013 DIGITAL PERFORMANCE GROUP Annual General Meeting 29 November 2013 FY13 Financial Result 35,000 30,000 29,856 FY12 FY13 25,000 23,861 20,000 15,000 10,000 5,000 - (5,000) 3,055 2,767 1,123 1,164 (1,932)

More information

Global Consumer Bank. Manuel Medina-Mora CEO, Global Consumer Banking

Global Consumer Bank. Manuel Medina-Mora CEO, Global Consumer Banking Global Consumer Bank Manuel Medina-Mora CEO, Global Consumer Banking Bank of America Merrill Lynch Banking and Financial Services Conference November 16, 2011 Agenda Our Business & Results Investing in

More information

WORLDWIDE RETAIL ECOMMERCE SALES: EMARKETER S UPDATED ESTIMATES AND FORECAST THROUGH 2019

WORLDWIDE RETAIL ECOMMERCE SALES: EMARKETER S UPDATED ESTIMATES AND FORECAST THROUGH 2019 WORLDWIDE RETAIL ECOMMERCE SALES: EMARKETER S UPDATED ESTIMATES AND FORECAST THROUGH 2019 Worldwide retail sales including in-store and internet purchases will surpass $22 trillion in 2015, up 5.6% from

More information

POLARIS INDUSTRIES INC. ANALYST & INVESTOR MEETING. Snowmobile Division. Mike Jonikas, Vice President July 30, 2013

POLARIS INDUSTRIES INC. ANALYST & INVESTOR MEETING. Snowmobile Division. Mike Jonikas, Vice President July 30, 2013 POLARIS INDUSTRIES INC. ANALYST & INVESTOR MEETING Snowmobile Division Mike Jonikas, Vice President July 30, 2013 Video 2 Industry Overview Industry Retail Unit Growth (3 yr CAGR +9%) Growth in Mountain

More information

PRESS RELEASE. Revenue as of March 31, 2011. Sharp growth in Bureau Veritas Q1 2011 revenue Revenue up 23% to 775 million Organic growth of 6.

PRESS RELEASE. Revenue as of March 31, 2011. Sharp growth in Bureau Veritas Q1 2011 revenue Revenue up 23% to 775 million Organic growth of 6. 1 PRESS RELEASE Neuilly-sur-Seine, France, May 4, 2011 Sharp growth in Bureau Veritas Q1 2011 revenue Revenue up 23% to 775 million Organic growth of 6.5% Frank Piedelièvre, Chairman and Chief Executive

More information

LENOVO 1 ST QUARTER FY15-16: TOUGH MARKETS, SOLID RESULTS

LENOVO 1 ST QUARTER FY15-16: TOUGH MARKETS, SOLID RESULTS LENOVO 1 ST QUARTER FY15-16: TOUGH MARKETS, SOLID RESULTS Decisive actions being taken to meet challenges and accelerate business transformation Revenue was US$10.7 billion, up 3 percent; excluding foreign

More information

Forward Looking Statement

Forward Looking Statement Forward Looking Statement This presentation contains forward-looking statements which are statements that refer to expectations and plans for the future and include, without limitation, statements regarding

More information

Full Year Results 2014

Full Year Results 2014 Full Year Results 2014 18 March 2015 Conference call on FY Results 2014 Corporate Finance & Investor Relations AGENDA FY 2014 results presentation Highlights 2014 Financials 2014 Outlook 2015 Appendix

More information

Education for All An Achievable Vision

Education for All An Achievable Vision Education for All An Achievable Vision Education for All Education is a fundamental human right. It provides children, youth and adults with the power to reflect, make choices and enjoy a better life.

More information

Grays ecommerce Group CEO on FY15 results and outlook

Grays ecommerce Group CEO on FY15 results and outlook Homebush Corporate Park 29-33 Carter Street LIDCOMBE NSW 2141 Attention: ASX Company Announcements Platform Lodgement of Market Briefing 25 August 2015 Grays ecommerce Group CEO on FY15 results and outlook

More information

MAKE A DIFFERENCE. Q1 2015 Results. Roadshow Presentation

MAKE A DIFFERENCE. Q1 2015 Results. Roadshow Presentation MAKE A DIFFERENCE Q1 2015 Results Roadshow Presentation OPERATIONAL HIGHLIGHTS 2 ROCKPORT DIVESTITURE Definitive agreement to sell the Rockport business for a total consideration of up to $ 280 million

More information

Qualitative information regarding first-quarter settlement of accounts

Qualitative information regarding first-quarter settlement of accounts Qualitative information regarding first-quarter settlement of accounts (1) Qualitative information regarding consolidated operating results During the three months ended 30th June, 2013 (from 1st April,

More information

José González de Castejón (787) 759-9094 Ana Calvo de Luis (212) 350-3903 Margie Alvarez (787) 250-3025

José González de Castejón (787) 759-9094 Ana Calvo de Luis (212) 350-3903 Margie Alvarez (787) 250-3025 Santander BanCorp Press release For more information contact: Puerto Rico New York José González de Castejón (787) 759-9094 Ana Calvo de Luis (212) 350-3903 Margie Alvarez (787) 250-3025 SANTANDER BANCORP

More information

Tesla Motors, Inc. Fourth Quarter & Full Year 2013 Shareholder Letter

Tesla Motors, Inc. Fourth Quarter & Full Year 2013 Shareholder Letter Tesla Motors, Inc. Fourth Quarter & Full Year 2013 Shareholder Letter Record 6,892 Model S vehicles sold and delivered in Q4 World s highest Consumer Reports customer satisfaction score of 99/100 Q4 auto

More information

ONE VOICE. ONE TEAM. ONE SPORT. THE TOUCH FOOTBALL AUSTRALIA STRATEGIC PLAN 2016-2020

ONE VOICE. ONE TEAM. ONE SPORT. THE TOUCH FOOTBALL AUSTRALIA STRATEGIC PLAN 2016-2020 ONE VOICE. ONE TEAM. ONE SPORT. THE TOUCH FOOTBALL AUSTRALIA STRATEGIC PLAN 2016-2020 1 2 3 4 Strategic Objective One Vision One Voice. One Team. One Sport. Our journey to 2020 will consolidate Touch Football

More information

FY2016 Annual Results Announcement For The Year Ended 31 March 2016

FY2016 Annual Results Announcement For The Year Ended 31 March 2016 FY2016 Annual Results Announcement For The Year Ended 31 March 2016 Highlights For the year ended 31 March (million ) 2015 2016 Change Net sales 1,177.9 1,282.7 +8.9% Gross profit 963.2 1,061.5 +10.2%

More information

Consolidated Financial Results for the First Quarter of the Fiscal Year Ending March 31, 2016 (Japan GAAP)

Consolidated Financial Results for the First Quarter of the Fiscal Year Ending March 31, 2016 (Japan GAAP) Consolidated Financial Results for the First Quarter of the Fiscal Year Ending March 31, 2016 (Japan GAAP) Name of Listed Company: Yokogawa Electric Corporation (the Company herein) Stock Exchanges Where

More information

Herman Miller, Inc. Fourth Quarter Fiscal 2016 Investor Conference Call June 23, 2016

Herman Miller, Inc. Fourth Quarter Fiscal 2016 Investor Conference Call June 23, 2016 Herman Miller, Inc. Fourth Quarter Fiscal 2016 Investor Conference Call June 23, 2016 The following document is a replication of the notes used in Herman Miller, Inc. s Fourth Quarter Fiscal 2016 conference

More information

HSBC BANK CANADA FIRST QUARTER 2014 RESULTS

HSBC BANK CANADA FIRST QUARTER 2014 RESULTS 7 May 2014 HSBC BANK CANADA FIRST QUARTER 2014 RESULTS Profit before income tax expense for the quarter ended 2014 was C$233m, a decrease of 13.4% compared with the same period in and broadly unchanged

More information