Date: Thu, 18 Dec 1997 01:55:54 GMT Server: Stronghold/1.3.4 Ben-SSL/1.3 Apache/1.1.3 Content-type: text/html Content-length: 22949 Last-modified: Thu, 06 Nov 1997 15:15:49 GMT Autocam - Investor Relations

 

Investor Relations

Autocam Corporation is traded publicly on the Nasdaq National Market tier of the Nasdaq Stock Market under the symbol: ACAM. It was founded in 1982, and began public trading of its common stock in October 1991. Since going public, Autocam has experienced superior growth in sales and earnings. Sales have grown annually at a rate of 18.4% since fiscal 1991, while earnings have grown at an annualized rate of 19.1%. The following are some key stock statistics:

Quarterly dividend rate per share

$0.02

Shares outstanding (as of September  30, 1997)*

6,017,047

Average daily volume

7,000

Book value per share (as of September 30, 1997)*

$6.28

Beneficial shareholders (as of September 1, 1997)

2,000

Market capitalization (in thousands, as of September 30, 1997)

$74,497

* Adjusted for 5% share dividend issued November 17, 1997 to shareholders of record on November 3, 1997.

The following are the Company's financial highlights for the three months ended September 30, 1997 and 1996, and for each of the three fiscal years ended June 30, 1997, 1996 and 1995:

in thousands, except per share and

September 30, 1997

September 30, 1996

June 30,

ratio data

3 mos.

3 mos.

1997

1996

1995

Statement of operations data:

Sales

$17,429

$14,648

$61,986

$57,711

$54,304

Gross profit

$3,414

$3,331

$13,369

$13,480

$12,610

Income from operations

$2,361

$2,483

$9,584

$9,899

$9,374

Net income

$1,136

$1,404

$5,411

$5,589

$5,233

Net income per share *

$0.19

$0.23

$0.89

$0.92

$0.86

Weighted average shares outstanding *

6,110

6,043

6,067

6,067

6,068

Margin analysis:

Gross margin

19.5%

22.7%

21.6%

23.4%

23.2%

Operating margin

13.5%

16.9%

15.5%

17.1%

17.2%

Pretax margin

10.0%

14.7%

13.3%

14.7%

14.6%

Net margin

6.5%

9.6%

8.7%

9.7%

9.6%

Balance sheet data:

Current assets

$14,910

$17,518

$13,768

$11,313

Total assets

$83,003

$83,638

$59,812

$52,990

Current liabilities

$14,047

$13,216

$9,241

$9,163

Long-term obligations, net of current maturities

$22,357

$25,192

$12,086

$13,334

Deferred taxes

$8,102

$7,802

$6,333

$4,620

Shareholders’ equity

$37,801

$36,615

$31,286

$25,218

Financial statistics:

Current ratio

1.06

1.32

1.49

1.23

Ratio of debt to equity

0.75

0.85

0.51

0.68

Annualized return on shareholders’ equity

12.8%

15.9%

19.8%

23.3%

* Adjusted for 5% share dividend issued November 17, 1997 to shareholders of record on November 3, 1997.

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For more information on Autocam, or a copy of its latest annual report or Securities and Exchange Commission filing, please write to or call:

Autocam
Investor Relations
4070 East Paris Avenue
Kentwood MI 49512 USA
voice: 616.554.0145
email: investor@autocam.com


Autocam Corporation
4070 East Paris Avenue
Kentwood MI, 49512 USA
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This page was last updated on November 06, 1997

Contact us: info@autocam.com