-----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, JMhGGYANfCiHCQ8CUXGFvrIUVf1U7SZxzzs7chgMU0PGbUmw0daJjQxZWXonz9mi GK7YJ2gv/ohddxn+WZDX0w== 0001193125-04-058571.txt : 20040407 0001193125-04-058571.hdr.sgml : 20040407 20040407171153 ACCESSION NUMBER: 0001193125-04-058571 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040406 ITEM INFORMATION: ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20040407 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HUTTIG BUILDING PRODUCTS INC CENTRAL INDEX KEY: 0001093082 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-LUMBER & OTHER CONSTRUCTION MATERIALS [5030] IRS NUMBER: 430334550 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14982 FILM NUMBER: 04722866 BUSINESS ADDRESS: STREET 1: 555 MARYVILLE UNIVERSITY DRIVE STREET 2: SUITE 240 CITY: ST LOUIS STATE: MO ZIP: 63141 BUSINESS PHONE: 3142162600 MAIL ADDRESS: STREET 1: PO BOX 1041 CITY: CHESTERFIELD STATE: MO ZIP: 63006-1041 8-K 1 d8k.htm FORM 8-K Form 8-K

 

United States

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 


 

Form 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): April 6, 2004

 


 

Huttig Building Products, Inc.

(Exact name of registrant as specified in its charter)

 

Delaware   001-14982   43-0334550

(State or other

jurisdiction of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

555 Maryville University Dr.,

Suite 240,

St. Louis, MO

  63141
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code (314) 216-2600

 

Former name or former address, if changed since last report: Not Applicable

 



Item 7. Financial Statements and Exhibits

 

(c) Exhibits.

 

99.1    Press release of the registrant dated April 6, 2004.

 

Item 12. Results of Operations and Financial Condition

 

On April 6, 2004, Huttig Building Products, Inc. issued a press release announcing that it expects to report net income of $0.14 per diluted share on sales of approximately $243 million for the first quarter of 2004, updating its earlier guidance of net income per diluted share of $0.05 to $0.08 on sales of $220 to $225 million for the quarter. The company also announced a change in its full year guidance, reporting that it now expects net income to range between $0.75 and $0.85 per diluted share on sales of $970 to $980 million for the full year of 2004. A copy of the press release is furnished herewith as Exhibit 99.1.

 

This Current Report on Form 8-K contains forward-looking information as defined by the Private Securities Litigation Reform Act of 1995. This information presents management’s expectations, beliefs, plans and objectives regarding future financial performance, and assumptions or judgments concerning such performance. Any discussions contained in this press release, except to the extent that they contain historical facts, are forward-looking and accordingly involve estimates, assumptions, judgments and uncertainties. There are a number of factors that could cause actual results or outcomes to differ materially from those addressed in the forward-looking information. Some of such factors are detailed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2003 filed with the Securities and Exchange Commission.


SIGNATURE

 

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.

 

        

Huttig Building Products, Inc.

       
       

(Registrant)

Date: April 6, 2004

       
        

                /s/    Thomas S. McHugh        

       
       

Thomas S. McHugh

Vice President—Finance and Chief Financial Officer


EXHIBIT INDEX

 

Exhibit Number

  

Description


99.1    Press release dated April 6, 2004.
EX-99.1 3 dex991.htm PRESS RELEASE OF THE REGISTRANT DATED 4/6/2004 Press release of the registrant dated 4/6/2004

CONTACT:

Thomas S. McHugh

Chief Financial Officer

314-216-2673

  Exhibit 99.1

 

COMPANY PRESS RELEASE

 

Huttig Building Products Updates Outlook for 2004

 

ST. LOUIS, MO, April 6, 2004—Huttig Building Products, Inc. (NYSE: HBP) today updated its guidance for the first quarter and full year of 2004. For the first quarter of 2004, the company now expects net income of $0.14 per diluted share on sales of approximately $243 million. This compares to earlier guidance of net income per diluted share of $0.05 to $0.08 on sales of $220 to $225 million. The company also is increasing its full year guidance and now expects net income to range between $0.75 and $0.85 per diluted share on sales of $970 to $980 million. In the first quarter of 2003, the company reported a net loss of $0.25 per diluted share on sales of $196.5 million. For the full year 2003, net income per diluted share was $0.17 on sales of $909.3 million.

 

Regarding the company’s updated outlook for 2004, Michael A. Lupo, the Company’s President and Chief Executive Officer, said, “We are very pleased with our first quarter performance and we expect continued improvement for the remainder of 2004. All of our regions experienced double-digit sales growth over the first quarter of 2003, and we are executing on the growth strategies that we developed last year. Our 2004 strategies are focused on expanding our product breadth and value-added service capabilities and expanding our geographic presence beyond our current locations. During the first quarter of 2004, we experienced sales growth over last year in all product categories. Sales of certain products, such as composite decking and exterior composite doors, grew substantially compared to the first quarter of 2003, exceeding our earlier expectations. In addition, we benefited from an over 30% increase in sales to our national accounts over the prior year’s quarter.”

 

Huttig Building Products, Inc. is a distributor of building materials used principally in new residential construction and in home improvement, remodeling and repair work. Its products are distributed through 54 distribution centers serving 47 states and are sold primarily to building materials dealers, directly to professional builders and large contractors and to home centers, national buying groups and industrial and manufactured housing builders.

 

This press release may contain forward-looking information as defined by the Private Securities Litigation Reform Act of 1995. This information presents management’s expectations, beliefs, plans and objectives regarding future financial performance, and assumptions or judgments concerning such performance. Any discussions contained in this press release, except to the extent that they contain historical facts, are forward-looking and accordingly involve estimates, assumptions, judgments and uncertainties. There are a number of factors that could cause actual results or outcomes to differ materially from those addressed in the forward-looking information. Such factors are detailed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2003 filed with the Securities and Exchange Commission.

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