-----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, Q8O/Qjiov8UZqed4WIfjeKi8cdmNtoTm91T5/MFqvcxQJIlFi+XpFpan5MUsgcBr RPe8M7Ym4rFf0Oz3mZY9oQ== 0001193125-04-016061.txt : 20040206 0001193125-04-016061.hdr.sgml : 20040206 20040206113218 ACCESSION NUMBER: 0001193125-04-016061 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040206 ITEM INFORMATION: Financial statements and exhibits ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20040206 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: 04572311 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 FORM 8-K FORM 8-K

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

 

February 6, 2004

(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 incorporation)

  (Commission file number)   (IRS employer identification number)

 

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 February 4, 2004, Central European Distribution Corporation announced in a press release it is raising its 2004 fully diluted earnings per share guidance from its previously projected guidance. The Company also announced it is in line with previous full year 2003 guidance. A copy of the press release is attached as Exhibit 99.1 and incorporated herein by reference.

 

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”).

 

Item 7. Financial Statements, Pro forma Financial Information, and Exhibits.

 

(c) Exhibits.

 

The following exhibit is including with this Report:

 

Exhibit 99.1:    Press Release dated February 4, 2004 regarding Central European Distribution Corporation issuing upward guidance for 2004 and announcing it is in line with 2003 guidance.

 

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: February 6, 2004

 

By: /s/ James Archbold


   

James Archbold

   

Secretary


Exhibit Index

 

No.

  

Description


99.1    Press Release dated February 4, 2004
EX-99.1 3 dex991.htm PRESS RELEASE PRESS RELEASE

Exhibit 99.1

 

Central European Distribution Corporation Issues Upward Guidance for 2004

and Announces it is in Line with 2003 Guidance

 

SARASOTA, Fla., Feb. 4, 2004 /PRNewswire-FirstCall/ Central European Distribution Corporation (Nasdaq: CEDC) today announced that it is raising its 2004 fully diluted earnings per share guidance from a previously projected $1.83-$1.90 to $1.85-$1.92 and is raising its 2004 net sales guidance from $515-$525 million to $518-$528 million as recent acquisitions made by the Company are posting stronger than expected results. The earnings per share guidance is based on estimated fully diluted shares outstanding of approximately 11.2 million for full year 2004 and does not give effect to any acquisitions that the Company may complete in 2004.

 

The Company also announced today that it will be in line with previous full year 2003 Company guidance of approximately $423-$428 million in net sales and $1.43-$1.46 fully diluted earnings per share. Both net sales and fully diluted earnings per share would be an increase of approximately 44% over 2002 results.

 

William Carey, Chairman and CEO, said, “We are pleased with our strong finish in 2003 with organic sales for 2003 rising by approximately 12%. In 2004, we are committed to continuing our strategy of acquiring well-positioned, alcohol-related distribution companies and production companies in Poland that would be accretive to earnings.”

 

Mr. Carey continued, “The above-mentioned guidance for 2004 does not reflect any distribution or production acquisitions that we may conclude in 2004. We are scheduled to file our 2003 audited results between March 8th and March 15th.”

 

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 nine distribution centers and 58 satellite branches throughout Poland. It distributes many of the world’s leading brands, including brands such as Johnnie Walker Scotch, Stock Brandy, Jose Cuervo Tequila, 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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