| IPO Company Profile © ipodata.com |
| Message Board | Quote | Chart | News | SEC Filings | Peer IPO Companies |
| Labranche & Co. Inc. |
| One Exchange Plaza, New York, NY 10006 * (212) 425-1144 |
| Business Description | The company is one of the oldest and largest specialized firms on the New York Stock Exchange. A specialist is a broker-dealer who is granted the franchise by the NYSE to conduct the auction in particular stocks and is assigned the role to maintain a fair and orderly market in its specialist stocks. |
| Offering Information Company has | |||
| Trading As | LAB (NYSE) | Industry | Financial (SIC 6211) |
| Type of Stock Offered | Common Shares | Filing Date | 06/18/1999 |
| Domestic Shares Offered | 10,500,000 | Offer Date | 08/18/1999 |
| Foreign Shares Offered | 0 | Filing Range | $15.00 - $17.00 |
| Company Shares | 10,500,000 | Offer Price | $14.00 |
| Selling Shrhldrs Shares | 0 | Gross Spread | $0.980 |
| Gross Proceeds | $147,000,000 | Selling | $0.590 |
| Expenses | - - | Reallowance | $0.100 |
| Post-IPO Shares | 46,875,000 | Employees | - - |
| Primary Underwriting Group | ||
| Underwriter Name | Participation | Underwriter Phone |
| Salomon Smith Barney | Lead Manager | (212) 723-7300 |
| ABN AMRO Bank | Co-manager | |
| Donaldson, Lufkin & Jenrette Securities Corp. | Co-manager | (212) 371-0641 |
| Income Statement and Cash Flow Summary | |||||||
| Prior Audited Income |
Latest Unaudited Income | ||||||
| Full Year Audited Figures | 3 Months Ending | ||||||
| Figures in U.S. millions except per share data | 12/31/1994 | 12/31/1995 | 12/31/1996 | 12/31/1997 | 12/31/1998 | 03/31/1999 | |
| Revenues | 29.866 | 37.173 | 49.936 | 67.640 | 126.411 | - | 47.621 |
| Income from Oper. | 20.725 | 26.254 | 32.783 | 47.732 | 91.635 | - | 36.526 |
| Net Income | - | - | - | - | 2.660 | - | 1.581 |
| E.P.S | - | - | - | - | - | - | - |
| Revenue Growth (%) | 24.47 | 34.33 | 35.45 | 86.888 | - | ||
| Net Income Growth (%) | - | - | - | - | - | ||
| Oper. Profit Margin (%) | 69.39 | 70.63 | 65.65 | 70.57 | 72.49 | 76.70 | - |
| Net Profit Margin (%) | - | - | - | - | 2.10 | 3.32 | - |
| Cash Flow - Oper. | - | - | - | ||||
| Cash Flow - Inv. | - | - | - | ||||
| Cash Flow - Fin. | - | - | - | ||||
| Balance Sheet Summary and Financial Ratios | |||||
| Balance sheet as of: 03/31/1999 | Financial Ratios | ||||
| Total Assets | 299.34 | Current Assets | - | Current Ratio | - |
| Total Liab. | 213.80 | Current Liab. | - | Debt Ratio | 71.43% |
| Total Equity | 85.54 | Working Cap. | - | Debt to Equity Ratio | 2.50 |
| Cash | 2.47 | Return on Assets | 0.53% | ||
| Use Of Proceeds |
The proceeds from the proposed offering will be used for general corporate purposes to support the growth of our business, including working capital and future acquisitions. |
| Legal Counsel Registrar Auditor | |
| Issuer's Law Firm | Fulbright & Jaworski |
| Bank's Law Firm | Cleary, Gottlieb, Steen & Hamilton |
| Auditor | Arthur Andersen |
| Send us feedback if you would like to request that we hyperlink a firm on this page | |