-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, URmImmV1bno65a53ILEFZVCFmBZYd7asqhsDP5ZJWgo4ijjwtOddP2bqgJqlgvVi +lsylUd0FBwZhmtqhfua4w== 0000950137-04-005984.txt : 20040729 0000950137-04-005984.hdr.sgml : 20040729 20040729172532 ACCESSION NUMBER: 0000950137-04-005984 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040727 ITEM INFORMATION: Other events FILED AS OF DATE: 20040729 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BRADY CORP CENTRAL INDEX KEY: 0000746598 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS MANUFACTURING INDUSTRIES [3990] IRS NUMBER: 390178960 STATE OF INCORPORATION: WI FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14959 FILM NUMBER: 04939927 BUSINESS ADDRESS: STREET 1: 6555 W GOOD HOPE RD STREET 2: P O BOX 571 CITY: MILWAUKEE STATE: WI ZIP: 53201-0571 BUSINESS PHONE: 4143586600 FORMER COMPANY: FORMER CONFORMED NAME: BRADY W H CO DATE OF NAME CHANGE: 19920703 8-K 1 c87068e8vk.txt CURRENT REPORT UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): July 27, 2004 Commission File Number 1-14959 BRADY CORPORATION (Exact name of registrant as specified in its charter) Wisconsin 39-0971239 (State of Incorporation) (IRS Employer Identification No.) 6555 West Good Hope Road Milwaukee, Wisconsin 53223 (Address of Principal Executive Offices and Zip Code) (414) 358-6600 (Registrant's Telephone Number) Item 5. OTHER EVENTS AND REGULATION FD DISCLOSURE On July 27, 2004, Brady Corporation announced that it is increasing guidance for fiscal 2005 to $725 to $745 million in sales with net income of $56 to $59 million and earnings per diluted Class A Common Share of $2.28 to $2.40. These estimates include the Company's acquisition of Emed Co. in the fiscal 2004 fourth quarter. The Company expects Emed will add about $55 million in sales with accretion of between $0.25 and $0.30 per share in fiscal 2005. In addition, in Fiscal 2004 Emed is expected to contribute approximately an additional $10 million to the Company's previous top line guidance of $645 to $655 million. The Company continues to estimate net income of $47 to $49 million for Fiscal 2004. Further information is included in Brady's press release filed as Exhibit 99 to this report and incorporated herein by reference. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BRADY CORPORATION Date: July 29, 2004 /s/ David Mathieson ----------------------------------- David Mathieson Vice President & Chief Financial Officer EXHIBIT INDEX EXHIBIT NUMBER DESCRIPTION - ------- ----------- 99 Press Release of Brady Corporation dated July 27, 2004. EX-99 2 c87068exv99.txt PRESS RELEASE For more information contact: Barbara Bolens 414-438-6940 FOR IMMEDIATE RELEASE BRADY CORPORATION INCREASES F'05 GUIDANCE MILWAUKEE (July 27, 2004) -- Brady Corporation (NYSE:BRC), a world leader in identification products announced today that it is increasing guidance for fiscal 2005 to $725 to $745 million in sales with net income of $56 to $59 million and earnings per diluted Class A Common Share of $2.28 to $2.40. These estimates include the Company's acquisition of Emed Co. in the fiscal 2004 fourth quarter. "In fiscal 2005, we plan to increase our investment in research and development by focusing on specific programs which will provide new products and increased capability to support our organic growth plans," said Frank Jaehnert, Brady president and chief executive officer. "We also intend to continue our focus on acquisitions and our cost control efforts, in particular relating to our Selling, General and Administrative costs." "Now that we have completed our financing package and finalized the integration and operating plans for Emed, we can better estimate the impact this will have on our results. We expect Emed will add about $55 million in sales with accretion of between $0.25 to $0.30 per share in fiscal 2005," said David Mathieson, Brady vice president and chief financial officer. "In addition, in F'04 we expect Emed to contribute approximately an additional $10 million to our previous top line guidance of $645 to $655 million, and we continue to estimate net income of $47 to $49 million for F'04." Brady will announce its fiscal 2004 fourth quarter and year-end results on September 15, 2004. Brady is an international manufacturer and marketer of identification and materials solutions, with products including labels, signs precision die-cut materials, printing systems, software, and label-application and data-collection systems for electronics, telecommunications, manufacturing, electrical and a variety of other markets. Founded in 1914, Brady is headquartered in Milwaukee and employs about 4,000 people in operations in the United States, Europe, Asia/Pacific, Latin America and Canada. More information is available on the Internet at www.bradycorp.com. ### This news release contains forward-looking information, as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking information in this release involves risks and uncertainties, including, but not limited to, domestic and international economic conditions and growth rates; fluctuations in currency exchange rates for international currencies versus the U.S. Dollar; the successful implementation of a new enterprise-resource-planning system; the ability of the company to acquire, integrate and achieve anticipated synergies from new businesses; the ability of the company to adjust its cost structure to changes in levels of sales and product mix in a timely manner; variations in the economic or political conditions in the countries in which the company does business; technology changes; and the continued availability of sources of supply. Brady cautions that forward-looking statements are not guarantees, since there are inherent difficulties in predicting future results, and that actual results could differ materially from those expressed or implied in forward-looking statements. -----END PRIVACY-ENHANCED MESSAGE-----