Search the web
Welcome, Guest
[Sign Out, My Account]
EDGAR_Online

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
FELE > SEC Filings for FELE > Form 8-K on 2-Jun-2009All Recent SEC Filings

Show all filings for FRANKLIN ELECTRIC CO INC | Request a Trial to NEW EDGAR Online Pro

Form 8-K for FRANKLIN ELECTRIC CO INC


2-Jun-2009

Regulation FD Disclosure


Item 7.01. Regulation FD Disclosure.

R. Scott Trumbull, Chairman and Chief Executive Officer, and John J. Haines, Vice President and Chief Financial Officer, of Franklin Electric Co., Inc. (the "Company") will present at the KeyBanc Investor Conference in Boston, Massachusetts on June 2, 2009. A copy of the presentation slides are attached hereto as Exhibit 99.1 and will be available on the Company's web site, www.fele.com, under the "Investor Relations" page, for 30 days after the presentation.

Management expects during the course of the presentation to make the following additional comments with respect to the outlook for the balance of the year:

1) Year over year sales comparisons for the Fueling Segment will be particularly difficult in the second and third quarters of 2009 due to the high volume of prior year shipments in California.

2) Management expects that overall margins should improve sequentially in the second and third quarters of 2009 and be above prior year in the fourth quarter.

3) Estimates of cost savings for fixed manufacturing and Selling, General and Administrative Expenses are impacted by foreign currency exchange rates versus the U.S. dollar. Key current assumptions used in these estimates are Euro to U.S. dollar of .7569 and Brazilian real to U.S. dollar of 2.18.

4) The Company discussed that in the second half of 2009, due to the expansion of the facility in Linares, Mexico, along with the curtailment of production in higher costs facilities, the Company's manufacturing converting costs will be approximately $11 million lower during the second half of 2009 than they were in the second half of 2008. These costs savings are included in the 2009 Full Year Cost Reduction vs. 2008 estimates provided on page 12 of the presentation

In accordance with Instruction B.2 of Form 8-K, the information in this Item 7.01 shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended.

Item 9.01.                Financial Statements and Exhibits.

(d)      Exhibits.

99.1       Presentation slides at the KeyBanc
           Investor Conference on June 2, 2009 and
           appendix reconciling certain non GAAP
           financial measures.



  Add FELE to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for FELE - All Recent SEC Filings
Sign Up for a Free Trial to the NEW EDGAR Online Pro
Detailed SEC, Financial, Ownership and Offering Data on over 12,000 U.S. Public Companies.
Actionable and easy-to-use with searching, alerting, downloading and more.
Request a Trial      Sign Up Now


Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.