| Proposed Ticker: AER | One Wahington Mall- 8th Floor | |
| Exchange: New York Stock Exchange | Boston, Massachusetts 02108 | |
| Industry: Manufacturing | (617) 371-4200 |
| All share information is proposed | ||||
| Type of Shares: | Common Shares | Filing Date: | 6/3/96 | |
| U.S. Shares Filed: | 5,500,000 | Filing Price: | - | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $0 | |
| Primary Shares: | 5,500,000 | Expenses: | - | |
| Secondary Shares: | 0 | Shs Out After: | 15,307,142 | |
| Manager | Tier | Phone |
| Goldman, Sachs & Co. | Lead Manager | (212) 902-1172 |
| Donaldson, Lufkin & Jenrette Securities Corp. | Co-manager | (212) 504-4525 |
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 9/30/95 | 3/31/96 | 3/31/95 | 3/31/96 | ||
| Revenue: | $256.90 | $138.40 | $125.20 | Assets: | $323.60 |
| Net Income: | $1.50 | $3.00 | -$1.00 | Liabilities: | $248.34 |
| EPS: | $0.10 | $0.20 | -$0.07 | Equity: | $75.26 |
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company is one of the leaders in the hearing, eye, face, head and respiratory protection segments of the personal protection equipment market worldwide. The company manufactures and sells hearing protection devices, prescription safety eyewear. The company also manufactures face shields, reusable and disposable respirators, hard hats and first aid kits in more than 85 countries under its well known brand names: AOSafety, E-A-R, Eastern and Peltor. Personal protection equipment encompasses all articles of equipment and clothing worn for the purpose of protecting against bodily injury, including safety eyewear and goggles, ear muffs and ear plugs, respirators, hard hats, gloves, safety clothing and safety shoes. With the acquisition of Peltor AB of Sweden, the company is a global leader in the industrial market for specialty communications ear muffs. Safety Products accounted for over 84% of the company's net sales in fiscal 1995. The company attributes its leading market positions to: strong, well recognized brand names, a reputation for providing innovative, quality products, intensive coverage of multiple distribution channels, targeting a wide array of end-users, one of the industry's broadest product offerings, a commitment to providing the highest level of customer service. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to redeem subordinated notes and preferred shares and to repay debt. |
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