-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, SeVKdfGomT6Onj28jlvfOJurk7ZNe0y1NgJVPGJ2/5ihJW/qimQ2JRT6F65jU1Li U16B0VQ+q/xdvPnwqOKefg== 0001193125-03-029739.txt : 20030806 0001193125-03-029739.hdr.sgml : 20030806 20030806103755 ACCESSION NUMBER: 0001193125-03-029739 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030804 ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20030806 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CENTRAL EUROPEAN DISTRIBUTION CORP CENTRAL INDEX KEY: 0001046880 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-BEER, WINE & DISTILLED ALCOHOLIC BEVERAGES [5180] IRS NUMBER: 541865271 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-24341 FILM NUMBER: 03825270 BUSINESS ADDRESS: STREET 1: PALM TOWER BUILDING STREET 2: 1343 MAIN STREET SUITE 301 CITY: SARASOTA STATE: FL ZIP: 34236 BUSINESS PHONE: 9413301558 MAIL ADDRESS: STREET 1: PALM TOWER BUILDING STREET 2: 1343 MAIN STREET SUITE 301 CITY: SARASOTA STATE: FL ZIP: 34236 8-K 1 d8k.htm PERIOD: AUGUST 4, 2003 PERIOD: AUGUST 4, 2003

 

SECURITIES AND EXCHANGE COMMISSION

Washington D.C. 20549

 


 

Form 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

August 4, 2003

(Date of Report)

 

Central European Distribution Corporation

(Exact name of registrant as specified in its charter)

 

Delaware   0-24341   54-1865271
(State or Other jurisdiction of   (Commission file number)   (IRS employer identification number)
Incorporation or Organization)        

 

1343 Main Street, Suite 301, Sarasota Florida 34236

(Address of Principal Executive Offices)

 

Registrant’s telephone number, including area code: (941) 330-1558

 

 



Item 9. Regulation FD Disclosure.

 

On August 4, 2003, Central European Distribution Corporation issued a press release announcing its preliminary second quarter results. A copy of the press release is attached as Exhibit 99.1.

 

In accordance with SEC Release 33-8216 and because of a delay in integrating Item 12 into the EDGAR system, the registrant is disclosing under Item 9 information that otherwise would be disclosed under Item 12 (“Results of Operations and Financial Condition”).


SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

       

Central European Distribution Corporation

Date: August 6, 2003           By:  

  /s/ James Archbold                                         


               

  James Archbold

  Secretary


Exhibit Index

 

No.

  

Description


99.1

   Press Release dated August 4, 2003.

 

EX-99.1 3 dex991.htm PRESS RELEASE PRESS RELEASE

Exhibit 99.1

 

Central European Distribution Corporation Announces Preliminary Second Quarter

Results; Net Income rises 82% from Second Quarter 2002

 

SARASOTA, Florida – August 4, 2003/PRNewswire/ — Central European Distribution Corporation (NASDAQ: CEDC) today announced its preliminary financial results for the second quarter of 2003. Un-audited net income is approximately $3.46 million, or $0.33 per fully diluted share, compared to $1.9 million, or $0.24 per fully diluted share in the same period of 2002, an increase of 82% in net income. Un-audited net sales for the second quarter are approximately $105.1 million compared to $71.5 million for the same period in 2002, an increase of 47%. The weighted average number of shares used for calculating diluted earnings per share for the second quarter 2003 was 10,525,000 compared to 8,183,000 for the second quarter 2002.

 

William V. Carey, CEO and President, commented, “The 82% growth in net income versus a 47% increase in net sales speaks for itself. Our management team remains committed to delivering superior bottom line growth and are achieving those goals. With the additional shares issued from the private placement, the successful stock split, and the upcoming new acquisition of Panta Hurt, the company is well positioned to leverage its strong balance sheet for solid organic growth as well as maintaining its active acquisition strategy.”

 

The Company also announced that it stands by its previously announced full year 2003 net sales of $415-$420 million and earnings per share of $1.47-$1.50. The Company will file second quarter 2003 financial results the second week of August.

 

CEDC is one of the leading importers of beers, wines and spirits, as well as the largest distributor of domestic vodka on a nationwide basis in Poland. The Company operates 52 regional distribution centers in major urban areas throughout Poland. It distributes many of the world’s leading brands, including brands such as Johnnie Walker Scotch, Stock Brandy, Sutter Home, Torres, Mondavi and Concha y Toro wines, Corona, Beck’s, Foster’s, Budweiser Budvar and Guinness Stout beers.

 

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by forward-looking statements. Investors are cautioned that forward-looking statements are not guarantees of future performance and that undue reliance should not be placed on such statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements or to make any other forward-looking statements, whether as a result of new information, future events or otherwise unless required to do so by the securities laws. Investors are referred to the full discussion of risks and uncertainties associated with forward-looking statements included in the Company’s Form 10-K for the fiscal year


ended December 31, 2002, and other periodic reports filed with the Securities and Exchange Commission.

 

Contact:

James Archbold

Vice President and Director of Investor Relations

Central European Distribution Corporation

www.ced-c.com

941-330-1558

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