Edwards Group Limited IPO Info
Edwards Group Limited
Barclays, Goldman, Sachs & Co., and Deutsche Bank Securities
Amount of Offering:
Number of Shares Offered:
Shares Outstanding After Offering:
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.
Edwards generated revenue of Ã�ï¿½Ã¯Â¿Â½Ã�ï¿½Ã�Â£700.5 million (US$1,088.6 million), gross profit of Ã�ï¿½Ã¯Â¿Â½Ã�ï¿½Ã�Â£257.9 million (US$400.8 million), profit after taxation of Ã�ï¿½Ã¯Â¿Â½Ã�ï¿½Ã�Â£56.2 million (US$87.5 million), adjusted EBITDA of Ã�ï¿½Ã¯Â¿Â½Ã�ï¿½Ã�Â£160.9 million (US$250.1 million), adjusted EBITDA margin of 23.0% and adjusted net income of Ã�ï¿½Ã¯Â¿Â½Ã�ï¿½Ã�Â£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 Ã�ï¿½Ã¯Â¿Â½Ã�ï¿½Ã�Â£641.0 million, gross profit of Ã�ï¿½Ã¯Â¿Â½Ã�ï¿½Ã�Â£245.6 million, profit after taxation of Ã�ï¿½Ã¯Â¿Â½Ã�ï¿½Ã�Â£51.8 million, adjusted EBITDA of Ã�ï¿½Ã¯Â¿Â½Ã�ï¿½Ã�Â£151.8 million, adjusted EBITDA margin of 23.7% and adjusted net income of Ã�ï¿½Ã¯Â¿Â½Ã�ï¿½Ã�Â£85.1 million.