Please wait while we load the requested 10-K report or click the link below:
https://last10k.com/sec-filings/report/817979/000110465907017839/a07-5846_110k.htm
Exhibit 99.1
|
|
Investor Relations Contact: |
Dave Armstrong |
|
|
Phone: |
(812) 962-5059 |
|
|
|
|
|
|
Media Contact: |
Eva Schmitz |
|
|
Phone: |
(812) 962-5011 |
FOR IMMEDIATE RELEASE
Accuride Corporation Reports Results for 2006
Net Sales increased by 9.7% on a pro forma basis
Adjusted EBITDA increased by 7.2% on a pro forma basis
Net debt reduced by $116.8 million
EVANSVILLE, Ind. — March 6, 2007 — Accuride Corporation (NYSE: ACW), a leading manufacturer and supplier of commercial vehicle components, today announced its financial results for the fourth quarter 2006 and twelve months ended December 31, 2006.
The Company reported results of $344.9 million in net sales for the fourth quarter of 2006 compared to $297.7 million for the fourth quarter of 2005, an increase of 15.9%. This expansion was primarily the result of continued robust demand in the commercial vehicle industry and the partial pass-through of rising raw material costs.
For the twelve months ended December 31, 2006, net sales were $1,408.2 million compared to $1,229.3 million for the same twelve-month period in 2005. Net sales in 2006 of $1,408.2 million increased 9.7% compared to pro forma net sales of $1,283.6 million during the same period in 2005. The Company acquired Transportation Technologies Industries, Inc. (“TTI”) in late January 2005, and pro forma results account for the Company’s acquisition as if it occurred on January 1, 2005.
-more-
The following information was filed by Accuride Corp (ACW) on Tuesday, March 6, 2007 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.
View differences made from one year to another to evaluate Accuride Corp's financial trajectory
Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were removed , added and changed by Accuride Corp.
ACW Annual Reports
- 10-K Annual Report February 2016
- 10-K Annual Report March 2015
- 10-K Annual Report March 2014
- 10-K Annual Report March 2013
- 10-K Annual Report March 2012
- 10-K Annual Report March 2011
- 10-K Annual Report March 2010
- 10-K Annual Report March 2009
- 10-K Annual Report March 2008
-
10-K Annual Report March 2007
Material Contracts, Statements, Certifications & more
Accuride Corp provided additional information to their SEC Filing as exhibits
SEC Filing Exhibit
PDF Download
Loading SEC Filing Exhibit...
Ticker: ACW
CIK: 817979
Form Type: 10-K Annual Report
Accession Number: 0001104659-07-017839
Submitted to the SEC: Fri Mar 09 2007 5:08:21 PM EST
Accepted by the SEC: Fri Mar 09 2007
Period: Sunday, December 31, 2006
Industry: Motor Vehicle Parts And Accessories
External Resources:
Insider Transactions
Stock Quote
Social Media
Bookmark the Permalink: https://last10k.com/sec-filings/acw/0001104659-07-017839.htm
