IPO Company Profile
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Ladish Co., Inc.
5481 South Packard Avenue, Cudahy, WI 53110 * (414) 747-2611

The company is a leading producer of highly engineered, technically advanced components for the jet engine, aerospace and general industrial markets.

Primary Underwriting Group
ManagerTierPhone
CS First BostonLead Manager (212) 325-2000
BT Alex BrownCo-manager (410) 727-1700

Offering Information
NASNTL:LDSH Manufacturing: SIC 3462
Type of Shares:Common Shares Filing Date:12/23/97
U.S. Shares:6,385,459 Offer Date:3/9/98
Non-U.S. Shares:0 Filing Range:$15.00 - $18.00
Primary Shares:2,336,000 Offer Price:$13.50
Secondary Shares:4,049,459 Gross Spread:$0.87
Offering Amount: $105,360,074 Selling:$0.52
Expenses:$600,000 Reallowance:$0.10
Post-IPO Shares:15,260,405
Employees:1075

Legal Counsel, Auditor and Registrar
Issuer's Law Firm: Foley & Lardner
Bank's Law Firm: Simpson, Thacher & Bartlett
Auditor: Arthur Andersen

Selected Financial Data

Dollar amounts in U.S. millions except for per share data
9 Month Ending Financials
Full Year
Audited
Income
Latest
Unaudited
Income
Prior
Audited
Income
Balance
Sheet
12/31/96 9/30/97 9/30/96 9/30/97
Revenue:$162.00$157.07$124.07Assets:$171.09
Net Income:$2.13$13.76$2.16Curr Assets:$84.45
EPS:$0.20$1.09$0.21Liabilities:$172.51
Prior EPS:-$4.40Curr Liab:$61.40
Cash Flow/Oper:-$2.37$2.39$1.93Equity:-$1.42
Cash Flow/Fin:$7.07-$20.48$4.00Cash:$0.69
Cash Flow/Inv:-$4.93$18.68-$2.68Working Cap:$23.05

Use of Proceeds
The proceeds from the proposed offering will be used to repay subordinated debt and a portion of outstanding indebtedness under the company's senior credit facility, and to contribute to certain underfunded pension plans and for general corporate purposes.

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