-----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, PPyzCIbmUZ2U2sDZBvM4vY3Kwl3YELvtvYoeiSsO0A9EfmCUdOuFENxhXHR3NJ00 7Mm3D37K3/6EW+7jtC+VNA== 0000950129-01-500233.txt : 20010501 0000950129-01-500233.hdr.sgml : 20010501 ACCESSION NUMBER: 0000950129-01-500233 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20010430 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20010430 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COOPER INDUSTRIES INC CENTRAL INDEX KEY: 0000024454 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC LIGHTING & WIRING EQUIPMENT [3640] IRS NUMBER: 314156620 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-01175 FILM NUMBER: 1615771 BUSINESS ADDRESS: STREET 1: 600 TRAVIS STE 5800 STREET 2: CHASE TOWER CITY: HOUSTON STATE: TX ZIP: 77002 BUSINESS PHONE: 7132098400 MAIL ADDRESS: STREET 1: P O BOX 4446 CITY: HOUSTON STATE: TX ZIP: 77210 FORMER COMPANY: FORMER CONFORMED NAME: COOPER BESSEMER CORP DATE OF NAME CHANGE: 19710505 8-K 1 h86633e8-k.txt COOPER INDUSTRIES, INC. - DATED 4/30/01 1 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 Date of Report (Date of earliest event reported) April 30, 2001 -------------------------------- Cooper Industries, Inc. - -------------------------------------------------------------------------------- (Exact Name of Registrant as Specified in its Charter) Ohio - -------------------------------------------------------------------------------- (State or Other Jurisdiction of Incorporation) 1-1175 31-4156620 - --------------------------- ------------------------------------- Commission File Number) (IRS Employer Identification No.) 600 Travis, Suite 5800, Houston, Texas 77002 - -------------------------------------------------------------------------------- (Address of Principal Executive Offices) (Zip Code) 713/209-8400 - -------------------------------------------------------------------------------- (Registrant's Telephone Number, Including Area Code) - -------------------------------------------------------------------------------- (Former Name or Former Address, if Changed Since Last Report) 2 Item 7. Financial Statements and Exhibits. Exhibits 99.1 Cooper Industries, Inc. (the "Company") "Sales Trends" to be posted on the Company's website. Item 9. Regulation FD Disclosure. Posting of Quarterly Sales Trends On April 30, 2001, the Company will post on its website the "Sales Trends" information attached hereto as Exhibit 99.1. 3 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. COOPER INDUSTRIES, INC. (Registrant) Date: April 30, 2001 /s/ D. Bradley McWilliams ------------------------------- D. Bradley McWilliams Senior Vice President and Chief Financial Officer 4 EXHIBIT INDEX Exhibit No. - ----------- 99.1 Company "Sales Trends" to be posted on the Company's website. EX-99.1 2 h86633ex99-1.txt COOPER INDUSTRIES, INC. "SALES TRENDS" 1 EXHIBIT 99.1 SALES TRENDS: Sales comparisons are presented to help investors understand the general tone of Cooper's business. These include the impacts of acquisitions, divestitures, currency movements, etc. and are not necessarily indicative of business trends. Specific questions regarding sales trends should be directed to Richard Bajenski, Vice President, Investor Relations, bajenski@cooperindustries.com, (713) 209-8610. Sales for the three months ended on the date shown, compared to the same period in the prior year:
10/31/00 11/30/00 12/31/00 01/31/01 02/28/01 03/31/01 -------- -------- -------- -------- -------- -------- Cooper Industries 15-20% 10-15% 10% 5-10% 0-5% 5% Electrical Products 20-25% 15-20% 13% 10-15% 5-10% 8% Tools & Hardware (0-5%) (0-5%) (2%) (0-5%) (0-5%) (7%)
OBSERVATIONS ON RECENT SALES TRENDS, FOR THE THREE MONTHS ENDED MARCH 31, 2001. COOPER INDUSTRIES Sales for the three months ended March 31, 2001, grew 5%, compared with last year. o Revenues increased as a result of recent acquisitions. o Currency translation continues to have a modest negative impact. ELECTRICAL PRODUCTS Sales for the three months ended March 31, 2001, grew 8%, compared with last year. o Telecommunications and electronics product sales were considerably weakened by lower demand from key customers, affecting sales of fuses, other circuit protection products and enclosures. o Construction-related markets continued to soften, impacting sales of many products, including utility products, lighting fixtures and wiring devices. o Utility spending on distribution system products - distribution transformers and power management products - remains weak. o Declining demand for electrical construction materials continued in North America, though somewhat offset by recent improvements from international markets. o European-based business demand remained firm. o Competitive pressures impacted pricing in many markets. o Recent acquisitions, B-Line and Eagle Electric being the two most significant of these, continue to provide an increase to sales. o Currency translation effects remain modestly negative. 2 TOOLS AND HARDWARE Sales for the three months ended March 31, 2001, declined 7%, compared with last year. o Slowing industrial activity in North America has led to reduced demand for power and hand tools. o Assembly equipment shipments, particularly from our European operations, continue at levels higher than last year. o Currency translation effects remain modestly negative. Note: Includes impacts of acquisitions and divestitures. -----END PRIVACY-ENHANCED MESSAGE-----