| IPO Company Profile © ipodata.com |
| Message Board | SEC Filings | Peer IPO Companies | Company's Home Page |
| Asbury Automotive Group Inc. |
| 3 Landmark Square Suite 500, Stamford, CT 06901 * (203) 356-4400 |
| Business Description | The company is one of the largest automotive retailers in the United States, currently operating 126 franchises at 86 dealership locations in nine states. We offer our customers an extensive range of automotive products and services, including new and used vehicle sales and related financing and insurance, vehicle maintenance and repair services, replacement parts and service contracts. Our franchises include a diverse portfolio of 36 American, European and Asian brands, and a majority of our dealerships are either luxury franchises (such as BMW, Lexus and Mercedes-Benz) or mid-line import brands (such as Honda, Toyota and Nissan). |
|
Filing Information Not yet | ||||
| To Trade As | - - (NYSE) | Industry | Retail (SIC 5511) | |
| Type of Stock Offered | Common Shares | Filing Date | 7/27/2001 | |
| Domestic Shares Filed | 0 | Filing Price | - - | |
| Foreign Shares Filed | 0 | Offering Amount | $150,000,000 | |
| Company Shares | 0 | Est. Expenses | - - | |
| Selling Shrhldrs Shares | 0 | Post-IPO Shares | - - | |
| Employees | 7030 | |||
| Primary Underwriting Group | ||
| Underwriter Name | Participation | Underwriter Phone |
| Goldman, Sachs & Co. | Lead Manager | (212) 902-5959 |
| Merrill Lynch & Co. | Co-manager | (212) 449-4600 |
| Salomon Smith Barney | Co-manager | (212) 723-7300 |
| 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 | 12/31/1998 | 12/31/1999 | 12/31/2000 | 3/31/2000 | 3/31/2001 | ||
| Revenues | - | - | 1,084.864 | 3,012.134 | 4,027.790 | 924.038 | 1,006.866 |
| Income from Oper. | - | - | 21.236 | 81.564 | 121.885 | 29.493 | 30.231 |
| Net Income | - | - | 3.081 | 16.148 | 28.927 | 6.182 | 5.562 |
| E.P.S | - | - | - | - | - | - | - |
| Revenue Growth (%) | - | - | 177.65 | 33.719 | 8.96 | ||
| Net Income Growth (%) | - | - | 424.12 | 79.14 | -10.03 | ||
| Oper. Profit Margin (%) | - | - | 1.96 | 2.71 | 3.03 | 3.00 | 3.19 |
| Net Profit Margin (%) | - | - | 0.28 | 0.54 | 0.72 | 0.55 | 0.67 |
| Cash Flow - Oper. | - | - | - | ||||
| Cash Flow - Inv. | - | - | - | ||||
| Cash Flow - Fin. | - | - | - | ||||
| Balance Sheet Summary and Financial Ratios | |||||
| Balance sheet as of: 3/31/2001 | Financial Ratios | ||||
| Total Assets | 1,408.38 | Current Assets | 762.82 | Current Ratio | 1.26 |
| Total Liab. | 1,082.12 | Current Liab. | 606.32 | Debt Ratio | 76.83% |
| Total Equity | 326.26 | Working Cap. | 156.50 | Debt to Equity Ratio | 3.32 |
| Cash | - | Return on Assets | 0.39% | ||
| Use Of Proceeds |
The proceeds from the proposed offering will be used for repayment of outstanding indebtedness and general corporate purposes, including working capital and possible acquisitions. |
| Legal Counsel Registrar Auditor | |
| Issuer's Law Firm | Cravath, Swaine & Moore |
| Bank's Law Firm | Sullivan & Cromwell |
| Auditor | Arthur Andersen |
| Send us feedback if you would like to request that we hyperlink a firm on this page | |
| Principal Shareholders | ||
| Name of Shareholder | % Owned Before | % Owned After |
| Ripplewood Holdings L.L.C. | ||
| Freeman Spogli & Co. | ||
| Note: represents ownership of 5% or more prior to the offering. | ||