Walter Johnsen Shares How New Products Will Continue To Fuel Acme United’s Growth
-
Upload
smallcapsus -
Category
Investor Relations
-
view
472 -
download
0
description
Transcript of Walter Johnsen Shares How New Products Will Continue To Fuel Acme United’s Growth
![Page 1: Walter Johnsen Shares How New Products Will Continue To Fuel Acme United’s Growth](https://reader033.fdocuments.us/reader033/viewer/2022060118/558c70dbd8b42aa26a8b464e/html5/thumbnails/1.jpg)
Update interview with Mr. Walter C. Johnsen
President and CEO of Acme United Corp.
NYSE Market: ACU
July 8, 2013
![Page 2: Walter Johnsen Shares How New Products Will Continue To Fuel Acme United’s Growth](https://reader033.fdocuments.us/reader033/viewer/2022060118/558c70dbd8b42aa26a8b464e/html5/thumbnails/2.jpg)
Disclosure/Safe Harbour StatementThis interview and presentation may contain certain "forward-looking statements" within the meaning of applicable securities laws, including without limitation, statements related to the Company’s plans, strategies, objectives, expectations, intentions and adequacy of resources. Investors are cautioned that such forward-looking statements involve risks and uncertainties including without limitation the following: (i) the Company’s plans, strategies, objectives, expectations and intentions are subject to change at any time at the discretion of the Company; (ii) the Company’s plans and results of operations will be affected by the Company’s ability to manage its growth, and (iii) other risks and uncertainties indicated from time to time in the Company’s public filings.
![Page 3: Walter Johnsen Shares How New Products Will Continue To Fuel Acme United’s Growth](https://reader033.fdocuments.us/reader033/viewer/2022060118/558c70dbd8b42aa26a8b464e/html5/thumbnails/3.jpg)
Acme United Revenues in 2012(in millions USD)
![Page 4: Walter Johnsen Shares How New Products Will Continue To Fuel Acme United’s Growth](https://reader033.fdocuments.us/reader033/viewer/2022060118/558c70dbd8b42aa26a8b464e/html5/thumbnails/4.jpg)
Acme United Revenues Expectations(in millions USD)
![Page 5: Walter Johnsen Shares How New Products Will Continue To Fuel Acme United’s Growth](https://reader033.fdocuments.us/reader033/viewer/2022060118/558c70dbd8b42aa26a8b464e/html5/thumbnails/5.jpg)
Sales and Earnings Estimates for 2013
• Sales in 2012: $84.37 million• Expected sales in 2013: between $90 and
$95 million • Expected sales growth: between 6.7% and
12.6%
• Earnings per share in 2012: $1.13• Expected earnings per share in 2013:
between $1.20 and $1.25• Expected earnings growth: between 6.2%
and 10.6%
![Page 6: Walter Johnsen Shares How New Products Will Continue To Fuel Acme United’s Growth](https://reader033.fdocuments.us/reader033/viewer/2022060118/558c70dbd8b42aa26a8b464e/html5/thumbnails/6.jpg)
What Makes Acme United Stand Out?
• Delivering goods on time
• Manufacturing quality tools
• Producing innovative products
![Page 7: Walter Johnsen Shares How New Products Will Continue To Fuel Acme United’s Growth](https://reader033.fdocuments.us/reader033/viewer/2022060118/558c70dbd8b42aa26a8b464e/html5/thumbnails/7.jpg)
Quarterly Dividend Increase
• Increase from 7 cents to 8 cents per share
• Offers a 2.45% yield
• 7th dividend increase since 2004
![Page 8: Walter Johnsen Shares How New Products Will Continue To Fuel Acme United’s Growth](https://reader033.fdocuments.us/reader033/viewer/2022060118/558c70dbd8b42aa26a8b464e/html5/thumbnails/8.jpg)
Setback in Europe Almost Made Up
• Lost biggest European customer in 2012
• Gained lots of new business at several European mass market retailers
![Page 9: Walter Johnsen Shares How New Products Will Continue To Fuel Acme United’s Growth](https://reader033.fdocuments.us/reader033/viewer/2022060118/558c70dbd8b42aa26a8b464e/html5/thumbnails/9.jpg)
C-Thru Ruler Acquisition
• C-Thru acquired in 2012
• Soon thereafter integrated into Westcott Products improved Volumes higher Distribution increased
• Cross selling opportunities for Westcott
![Page 10: Walter Johnsen Shares How New Products Will Continue To Fuel Acme United’s Growth](https://reader033.fdocuments.us/reader033/viewer/2022060118/558c70dbd8b42aa26a8b464e/html5/thumbnails/10.jpg)
Clauss Putty Knives
• Being tested at major retailer
![Page 11: Walter Johnsen Shares How New Products Will Continue To Fuel Acme United’s Growth](https://reader033.fdocuments.us/reader033/viewer/2022060118/558c70dbd8b42aa26a8b464e/html5/thumbnails/11.jpg)
Clauss Putty Knives
• Superior product Putty comes off easily when applied Dried putty easily removed from blade Blades don’t rust
• Successful test may trigger interest from other chains
![Page 12: Walter Johnsen Shares How New Products Will Continue To Fuel Acme United’s Growth](https://reader033.fdocuments.us/reader033/viewer/2022060118/558c70dbd8b42aa26a8b464e/html5/thumbnails/12.jpg)
ScottsMiracle-Gro Partnership
• Partnership with ScottsMiracle-Gro for two lines of gardening tools
• Tools will carry ‘Powered by Clauss technology’ label
• Goal is to have the tools in stores by the fourth quarter 2013
![Page 13: Walter Johnsen Shares How New Products Will Continue To Fuel Acme United’s Growth](https://reader033.fdocuments.us/reader033/viewer/2022060118/558c70dbd8b42aa26a8b464e/html5/thumbnails/13.jpg)
ScottsMiracle-Gro Partnership
ScottsMiracle-Gro is the world's largest marketer of branded consumer lawn and
garden products with nearly $3 billion in sales.
![Page 14: Walter Johnsen Shares How New Products Will Continue To Fuel Acme United’s Growth](https://reader033.fdocuments.us/reader033/viewer/2022060118/558c70dbd8b42aa26a8b464e/html5/thumbnails/14.jpg)
Investor Conferences
• Attended NYSE/Singular Research in June
• Liolios conference in September
• Singular Research conference in November
![Page 15: Walter Johnsen Shares How New Products Will Continue To Fuel Acme United’s Growth](https://reader033.fdocuments.us/reader033/viewer/2022060118/558c70dbd8b42aa26a8b464e/html5/thumbnails/15.jpg)
Why Invest in Acme Today?
• Good sales and earnings growth
• Growing number of products
• Gaining market share
• Numerous patents
• Strong balance sheet
• Recently increased quarterly dividend
![Page 16: Walter Johnsen Shares How New Products Will Continue To Fuel Acme United’s Growth](https://reader033.fdocuments.us/reader033/viewer/2022060118/558c70dbd8b42aa26a8b464e/html5/thumbnails/16.jpg)
NYSE Market ACU
Current Price 13.05
52-week High – Low 10.20 – 13.40
Average Daily Volume (3 months) 2,951
Shares Outstanding 3.15 M
Market Cap 41.04 M
Website http://www.acmeunited.com
Stock Information