Edwards Group Limited IPO Info
Company Name: Edwards Group Limited
Stock Symbol: EVAC
Exchange: NASDAQ
Status: Priced
IPO Date: 5/11/2012
IPO Price:
8.00 (
-24.38%)
Underwriters
Barclays, Goldman, Sachs & Co., and Deutsche Bank Securities
Amount of Offering: N/A
Number of Shares Offered: 12.5 Mil
Shares Outstanding After Offering: 106.264 Mil
Valuation: N/A
Company Description
Edwards is a leading manufacturer of sophisticated vacuum products and abatement systems and a leading provider of related value-added services.
In the year ended December 31, 2010, Edwards derived approximately 70% of their equipment revenue from market sub-sectors where, according to VLSI data, they have the leading market share position. In Semiconductor and certain sub-sectors within Emerging Technologies, the company's market share in 2010, according to VLSI data, was more than two times that of our current nearest competitor.
Financial Data
Edwards generated revenue of ������£700.5 million (US$1,088.6 million), gross profit of ������£257.9 million (US$400.8 million), profit after taxation of ������£56.2 million (US$87.5 million), adjusted EBITDA of ������£160.9 million (US$250.1 million), adjusted EBITDA margin of 23.0% and adjusted net income of ������£84.8 million (US$131.8 million), for the year ended December 31, 2011, and in that period, the company recorded 55% of revenue from Asia, 28% from the Americas and 17% from Europe.
For the year ended December 31, 2010, Edwards generated revenue of ������£641.0 million, gross profit of ������£245.6 million, profit after taxation of ������£51.8 million, adjusted EBITDA of ������£151.8 million, adjusted EBITDA margin of 23.7% and adjusted net income of ������£85.1 million.
SEC Filings
News Headlines
