Labels for Safety, Visuals and Facility ID Desktop Printers
Labels for Product, Wire and Lab ID Benchtop Printers
Labels for Safety, Visuals and Facility ID Desktop Printers
Labels for Product, Wire and Lab ID Benchtop Printers
Safety and Facility ID Desktop Printers
Product, Wire and Lab ID Benchtop Printers
Barcode Scanners and RFID Readers
PaintStripe Floor Marking Stencils
Valve Lockouts & Hose Lockouts
Group Lock Boxes & Permit Control
Pipe Marker Accessories & Mounting Brackets
Maintenance and Production Tags
Calculators and Assessment Tools
Product Finders and Data Sheets
Brady Corporation
Brady announced its intention to sell its Die-Cut business in
The sale of the Die-Cut business is expected to close in two steps, each
subject to customary closing conditions. The first closing, which is
anticipated to occur within 90 days, involves the sale of the Die-Cut
business with operations in
About
Forward Looking Statements
Certain information in this news release constitutes ''forward-looking statements.'' These forward-looking statements relate to, among other things, statements concerning the consummation of the sale of the Die-Cut business and the Company's future financial position, business strategy, targets, projected sales, costs, earnings, capital expenditures, debt levels and cash flows, and plans and objectives of management for future operations, all of which are based on current expectations and assumptions that are subject to risks and uncertainties.
The use of words such as ''may,'' ''will,'' ''expect,'' ''intend,''
''estimate,'' ''anticipate,'' ''believe,'' ''should,'' ''project'' or
''plan'' or similar terminology are generally intended to identify
forward-looking statements. These forward-looking statements by their
nature address matters that are, to different degrees, uncertain and are
subject to risks, assumptions, and other factors, some of which are
beyond Brady's control, that could cause actual results to differ
materially from those expressed or implied by such forward-looking
statements. For Brady, uncertainties arise from: Implementation of the
Workplace Safety strategy; the length or severity of the current
worldwide economic downturn or timing or strength of a subsequent
recovery; future financial performance of major markets Brady serves,
which include, without limitation, telecommunications, hard disk drive,
manufacturing, electrical, construction, laboratory, education,
governmental, public utility, computer, healthcare and transportation;
future competition; changes in the supply of, or price for, parts and
components; increased price pressure from suppliers and customers;
Brady's ability to retain significant contracts and customers;
fluctuations in currency rates versus the U.S. dollar; risks associated
with international operations; difficulties associated with exports;
risks associated with obtaining governmental approvals and maintaining
regulatory compliance; Brady's ability to develop and successfully
market new products; risks associated with identifying, completing, and
integrating acquisitions; risks associated with divestitures and
businesses held for sale; risks associated with restructuring plans;
environmental, health and safety compliance costs and liabilities; risk
associated with loss of key talent; risk associated with product
liability claims; technology changes and potential security violations
to the Company's information technology systems; Brady's ability to
maintain compliance with its debt covenants; increase in our level of
debt; potential write-offs of Brady's substantial intangible assets;
unforeseen tax consequences; risk, associated with our ownership
structure; and numerous other matters of national, regional and global
scale, including those of a political, economic, business, competitive,
and regulatory nature contained from time to time in Brady's
These uncertainties may cause Brady's actual future results to be materially different than those expressed in its forward-looking statements. Brady does not undertake to update its forward-looking statements except as required by law.
Source:
Brady Corporation
Investor contact:
Aaron Pearce, 414-438-6895
or
Media
contact:
Carole Herbstreit, 414-438-6882