Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Jarden Reports Q2 Revenue
Jul 28, 2005
 Printable format
 Email this Article
 Search

Personal care and electric housewares maker Jarden Corporation reported second-quarter net sales for the period ended June 30, 2005 increased 279 percent to U.S. $754 million compared to $199 million for the same period last year.

Net income for the second quarter increased by 104 percent to $32.8 million from $16 million for the same period last year. Income allocable to common stockholders for the second quarter was $5.7 million, or $0.12 per diluted share, compared to $0.38 per diluted share in the prior-year period.

Current year amounts include the results of operations from the American Household and the United States Playing Cards businesses, which were acquired in January 2005 and June 2004, respectively.

For the 6-month period ended June 30, 2005, net sales increased 257 percent to $1.3 billion compared to $357 million for the same period last year. Net income increased 39.4 percent to $32.8 million from $23.6 million in 2004.

"Our strong performance in the first half of the year has positioned Jarden for a successful second half, where we will continue to focus on introducing new products, expanding our margins, and generating record levels of cash flow from operations," Martin E. Franklin, chairman and CEO, said. "In addition to the momentum we built during the second quarter, we will have the benefit of the Holmes Group acquisition from July 18, 2005, including not only its earnings and cash flow, but also the synergistic opportunities it brings to our Consumer Solutions segment this year and beyond."

Back to Daily News

 

Daily News

...........................................................

Nov 25, 2014: Robotics Exhibits Grow 25% at 2015 CES

Nov 25, 2014: Index shows HVAC/R contractors more positive than last year

Nov 25, 2014: Consumer Confidence Index Declines

Nov 25, 2014: Existing home sales up in October

Nov 25, 2014: CEA: confidence in technology spending up in November

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows