Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Kaman Corporation    KAMN

KAMAN CORPORATION (KAMN)
Mes dernières consult.
Most popular
  Report  
Real-time Quote. Real-time Cboe BZX - 07/16 10:00:00 pm
66.715 USD   -1.13%
10:16pKAMAN : Announces Release Date for Second Quarter 2018 Earnings
BU
07/12KAMAN : Composites Wichita Announces New Work with Bell
BU
06/18KAMAN CORPORATI : Ex-dividend day for
FA
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

Kaman Corporation : Kaman Announces Sale of Canadian Branches

share with twitter share with LinkedIn share with facebook
share via e-mail
0
01/04/2013 | 10:05pm CEST

Kaman Industrial Technologies Corporation (KIT) today announced that it has sold its seven Canadian branches to Wajax Industrial Components, a leading Canadian national industrial distributor.

"We are pleased that we were able to find a good home for our Canadian employees with the Wajax organization. We were sub-scale in Canada with limited opportunities to grow through acquisition. We have worked with Wajax in the past and we look forward to strengthening that relationship in the future," stated Steve Smidler, President of KIT.

The operations divested by KIT had 2012 sales of approximately $20 million (U.S. Dollars). Terms of the transaction were not disclosed.

About Kaman

Kaman Industrial Technologies Corporation is one of two operating Segments of Kaman Corporation (NYSE: KAMN). KIT is a distributor and service provider to North American industry from more than 230 locations and 5 distribution centers in three business platforms; Electrical and Automation Control, MRO-Bearings and Power Transmission, and Fluid Power. The company provides a commitment of technological leadership and value-added services to industry. KIT's core business lies in the supply and application of standard components, in addition to offering customers single-source responsibility and accountability for each product line. Kaman Corporation, founded in 1945 by aviation pioneer Charles H. Kaman, and headquartered in Bloomfield, Connecticut also conducts business in the aerospace market. More information is available at www.kaman.com.

About Wajax

Wajax Industrial Components is a wholly owned division of Wajax Corporation, a leading industrial distributor. Wajax is a Canadian business which has been in operation for 154 years. Its common shares are listed and traded on the Toronto Stock Exchange under the symbol "WJX". Wajax Industrial Components now operates a total of 65 branches in Canada, employing more than 750 people, and represents such market-leading brands as SKF, Schaeffler Canada, Timken, Renold, Emerson Power Transmission, Martin Sprocket, Rexnord, Eaton, Parker Hannifin, Moyno, Cuno and Honeywell. Globally sourced commodity products are available under the National and Hy-Spec private label brand names. Wajax Industrial Components also operates 13 certified service and repair centers strategically located across Canada. Specialized engineers and technicians deliver value-added services such as design and fabrication, equipment selection, failure analysis, on-site support and reverse engineering. Clients come from sectors as diverse as mining and aggregates, oil and gas, primary metals, forestry, utilities, and construction, to name a few. More information is available at www.wajaxindustrial.com.

Kaman Corporation
Eric Remington, 860-243-6334
VP, Investor Relations
[email protected]


© Business Wire 2013
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on KAMAN CORPORATION
10:16pKAMAN : Announces Release Date for Second Quarter 2018 Earnings
BU
07/12KAMAN : Composites Wichita Announces New Work with Bell
BU
06/18KAMAN CORPORATION : Ex-dividend day for
FA
06/11KAMAN CORP : Change in Directors or Principal Officers (form 8-K)
AQ
06/04KAMAN : Announces $69 Million Joint Programmable Fuze Order
BU
05/17KAMAN CORPORATION (NYSE : KAMN) Files An 8-K Regulation FD Disclosure
AQ
05/17KAMAN CORP : Regulation FD Disclosure, Financial Statements and Exhibits (form 8..
AQ
05/07KAMAN : 1Q Earnings Snapshot
AQ
05/07KAMAN : Management's Discussion and Analysis of Financial Condition and Results ..
AQ
05/07KAMAN CORP : Results of Operations and Financial Condition, Financial Statements..
AQ
More news
News from SeekingAlpha
07/15Get ready for the Farnborough Airshow 
06/05Kaman declares $0.20 dividend 
05/17Kaman (KAMN) Presents At Houlihan Lokey's 13th Annual Global Industrial Confe.. 
05/08Kaman's (KAMN) CEO Neal Keating on Q1 2018 Results - Earnings Call Transcript 
05/07Kaman beats by $0.09, revenue in-line 
Financials ($)
Sales 2018 1 899 M
EBIT 2018 125 M
Net income 2018 86,3 M
Debt 2018 230 M
Yield 2018 1,19%
P/E ratio 2018 22,05
P/E ratio 2019 18,57
EV / Sales 2018 1,11x
EV / Sales 2019 1,04x
Capitalization 1 884 M
Chart KAMAN CORPORATION
Duration : Period :
Kaman Corporation Technical Analysis Chart | KAMN | US4835481031 | 4-Traders
Technical analysis trends KAMAN CORPORATION
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 6
Average target price 74,5 $
Spread / Average Target 10%
EPS Revisions
Managers
NameTitle
Neal J. Keating Chairman, President & Chief Executive Officer
Robert D. Starr Chief Financial Officer & Executive Vice President
Paul M. Villani Chief Information Officer & Senior Vice President
Richard J. Swift Independent Director
Brian E. Barents Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
KAMAN CORPORATION14.68%1 884
FANUC CORP-19.82%40 051
ATLAS COPCO AB-8.54%33 517
ROPER TECHNOLOGIES9.44%29 241
INGERSOLL-RAND2.09%22 577
SANDVIK6.44%21 642