-----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, N0R7b+Wv/4wc2E/yiasjItDp5hQR4rQXPuPWxB0veakgxW4iE0F8BFoZS1hrjyIF aAGqLi59eV01dGvTnu1Z9A== 0000006176-05-000008.txt : 20050720 0000006176-05-000008.hdr.sgml : 20050720 20050720163956 ACCESSION NUMBER: 0000006176-05-000008 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20050630 ITEM INFORMATION: Results of Operations and Financial Condition FILED AS OF DATE: 20050720 DATE AS OF CHANGE: 20050720 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMPCO PITTSBURGH CORP CENTRAL INDEX KEY: 0000006176 STANDARD INDUSTRIAL CLASSIFICATION: PUMPS & PUMPING EQUIPMENT [3561] IRS NUMBER: 251117717 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-00898 FILM NUMBER: 05964201 BUSINESS ADDRESS: STREET 1: 600 GRANT ST STE 4600 CITY: PITTSBURGH STATE: PA ZIP: 15219 BUSINESS PHONE: 4124564400 FORMER COMPANY: FORMER CONFORMED NAME: SCREW & BOLT CORP OF AMERICA DATE OF NAME CHANGE: 19710518 8-K 1 p-rel8k.txt 8-K FOR JULY 20 PRESS RELEASE UNITED STATES 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 or earliest event reported) July 20, 2005 AMPCO-PITTSBURGH CORPORATION (Exact name of registrant as specified in its charter) Pennsylvania 1-898 25-1117717 (State or other (Commission file number) (I.R.S. Employer jurisdiction Identification of incorporation) Number) 600 Grant Street Pittsburgh, PA 15219 (Address of principal (Zip Code) executive offices) Registrant's telephone number, including area code: (412) 456-4400 (Former name or former address, if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.21 below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Item 2.02. Disclosure of Results of Operations and Financial Condition. On July 20, 2005, Ampco-Pittsburgh Corporation issued a press release announcing its results for the three and six months ended June 30, 2005. A copy of the press release is attached hereto and is being furnished to the SEC. 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. AMPCO-PITTSBURGH CORPORATION Date: July 20, 2005 By: s/Ernest G. Siddons Ernest G. Siddons President EX-1 2 rls06058k.txt SECOND QUARTER EARNINGS CONTACT: Dee Ann Johnson (412) 456-4410 FOR IMMEDIATE RELEASE PITTSBURGH, PA July 20, 2005. . . . . Ampco-Pittsburgh Corporation (NYSE: AP) had sales of $62,347,000 and $121,241,000 for the three and six months ended June 30, 2005, respectively, against sales of $53,646,000 and $100,432,000 for the comparable prior year periods. Net income for the three months ended June 30, 2005 and 2004 was $3,146,000 or $0.32 per share and $939,000 or $0.10 per share and for the six months ended June 30, 2005 and 2004 was $4,649,000 or $0.48 per share and $2,247,000 or $0.23 per share, respectively. Income from operations approximated $4,083,000 and $6,355,000 for the three and six months ended June 30, 2005 against $1,571,000 and $3,193,000 for the comparable prior year periods. Operating income in the quarter for the Forged and Cast Rolls segment increased as shipments and prices improved as a result of greater demand from steel producers throughout the world. In addition, the segment finalized its 2004 flood-related business interruption insurance claim recording income of $1,717,000 in the quarter for a six month total of $2,320,000. Although sales for the Air and Liquid Processing group were essentially flat compared to the same quarter in the prior year, earnings were lower as demand, in particular for air handling equipment, remained poor. Operating results of the Corporation for the remainder of the year are expected to strengthen as the sales and margins of the Forged and Cast Rolls segment increase; however, the improvement will be lessened by a reduction in expected earnings of the Air and Liquid Processing group. # # # AMPCO-PITTSBURGH CORPORATION FINANCIAL SUMMARY Three Months Ended June 30, Six Months Ended June 30, 2005 2004 2005 2004 Sales $ 62,347,000 $ 53,646,000 $121,241,000 $100,432,000 Income from operations 4,083,000 1,571,000 6,355,000 3,193,000 Other (expense) income-net (108,000) 86,000 (255,000) 268,000 Income before income taxes 3,975,000 1,657,000 6,100,000 3,461,000 Income tax provision 829,000 718,000 1,451,000 1,214,000 Net income $ 3,146,000 $ 939,000 $ 4,649,000 $ 2,247,000 Earnings per common share: Basic $ 0.32 $ 0.10 $ 0.48 $ 0.23 Diluted $ 0.32 $ 0.10 $ 0.47 $ 0.23 -----END PRIVACY-ENHANCED MESSAGE-----