| IPO Company Profile |
| SEC Filings | Peer IPO Companies |
| Argo-Tech Group, Inc. |
| 23555 Euclid Avenue, Cleveland, OH 44117 * (216) 692-6000 |
| The company is a leading designer, manufacturer and servicer of high performance fuel flow devices for the aerospace industry. |
| Manager | Tier | Phone |
| BT Alex Brown | Lead Manager | (410) 727-1700 |
| McDonald & Company Securities, Inc. | Co-manager | (216) 443-2370 |
| Employees: | 772 | Manufacturing: | SIC 3724 | |
| Type of Shares: | Common Shares | Filing Date: | 6/15/98 | |
| U.S. Shares Filed: | 5,400,000 | Filing Range: | $13.00 - $15.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $75,600,000 | |
| Primary Shares: | 3,600,000 | Expenses: | - | |
| Secondary Shares: | 1,800,000 | Post-IPO Shares: | 15,611,540 |
| Issuer's Law Firm: | Jones, Day, Reavis & Pogue |
| Bank's Law Firm: | Cravath, Swaine & Moore |
| Registrar/Transfer Agent: | Harris Trust & Savings Bank |
| Auditor: | Deloitte & Touche |
Dollar amounts in U.S. millions except for per share data | |||||
| 6 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Audited Income | Balance Sheet | ||
| 12/31/97 | 5/2/98 | 5/3/97 | 5/2/98 | ||
| Revenue: | $117.09 | $85.83 | $53.16 | Assets: | $283.33 |
| Net Income: | $7.86 | $0.46 | $3.50 | Curr Assets: | $62.41 |
| EPS: | $0.32 | $0.05 | $0.21 | Liabilities: | $309.58 |
| Prior EPS: | -$0.31 | Curr Liab: | $28.61 | ||
| Cash Flow/Oper: | $13.12 | $3.88 | Equity: | -$26.25 | |
| Cash Flow/Fin: | -$19.50 | -$7.31 | Cash: | $1.92 | |
| Cash Flow/Inv: | -$1.06 | -$0.80 | Working Cap: | $33.80 | |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to repay indebtedness. |