EX-99.1 2 a5918718ex991.htm EXHIBIT 99.1

Exhibit 99.1

Actuant Reorganizes Business Segments

MILWAUKEE--(BUSINESS WIRE)--March 16, 2009--Actuant Corporation (NYSE:ATU) today announced that the Company’s financial reporting segments are being modified to reflect changes in the portfolio due to acquisitions as well as business reporting lines. The Company will continue to report four operating segments - Industrial, Energy, Electrical and Engineered Solutions.

The Company’s former Industrial segment is being divided into two reporting segments, Industrial and Energy, to provide additional transparency to its growing energy related businesses. The new Industrial segment includes Enerpac, Simplex, Milwaukee Cylinder, Precision Sure-Lock and TT Fijnmechanica (TTF). The Energy segment will consist of the Hydratight joint integrity business and the recently acquired Cortland rope and cable business. The Electrical segment is virtually unchanged from the Company’s previous segment reporting except for the addition of the Turner Electric business from the previous Engineered Products segment. Finally, the former Engineered Products and Actuation Systems segments, with the exception of Turner Electric, will be combined into the new Engineered Solutions segment.

In addition, Actuant announced that its reportable product lines will be reorganized into the following: Industrial, Energy, Electrical Tools & Supplies, Power Transformation, Harsh Environment Electrical, Vehicle Systems and Other.

The segment and product line changes are effective for the Company’s second fiscal quarter of 2009. For comparative purposes, the Company has included as an attachment to this release certain unaudited historical financial results for both the new and prior segment and product line reporting structures. Additional comparative historical financial information will be filed with the SEC and will also be accessible on the Company’s website at www.actuant.com. The segment reorganization does not impact the Company’s consolidated audited balance sheet, statement of earnings or cash flows.

About Actuant

Actuant, headquartered in Butler, Wisconsin, is a diversified industrial company with operations in more than 30 countries. The Actuant businesses are market leaders in highly engineered position and motion control systems, rope and cable solutions and branded hydraulic and electrical tools and supplies. Since its creation through a spin-off in 2000, Actuant has grown its sales from $482 million to $1.66 billion in fiscal 2008. The Company employs a workforce of approximately 7,000 worldwide. Actuant trades on the NYSE under the symbol ATU. For further information on Actuant and its business units, visit the Company's website at www.actuant.com.


                       

ACTUANT CORPORATION

SUPPLEMENTAL UNAUDITED DATA
(Dollars in thousands)
 
RESULTS BY REPORTING SEGMENT
 
NEW REPORTING STRUCTURE             FORMER REPORTING STRUCTURE            
FISCAL 2006 FISCAL 2007 FISCAL 2008 FISCAL 2006 FISCAL 2007 FISCAL 2008
SALES SALES
INDUSTRIAL SEGMENT $ 227,504 $ 278,733 $ 374,498 INDUSTRIAL SEGMENT $ 337,965 $ 439,143 $ 586,898
ENERGY SEGMENT 110,461 160,410 212,400 ELECTRICAL SEGMENT 432,486 505,708 505,798
ELECTRICAL SEGMENT 450,558 527,848 529,964 ACTUATION SYSTEMS SEGMENT 386,243 419,445 445,583
ENGINEERED SOLUTIONS SEGMENT   412,635     491,757     547,081   ENGINEERED PRODUCTS SEGMENT   44,464     94,452     125,664  
TOTAL $ 1,201,158   $ 1,458,748   $ 1,663,943   TOTAL $ 1,201,158   $ 1,458,748   $ 1,663,943  
 
OPERATING PROFIT OPERATING PROFIT
INDUSTRIAL SEGMENT $ 66,535 $ 86,344 $ 113,809 INDUSTRIAL SEGMENT $ 86,753 $ 121,285 $ 161,794
ENERGY SEGMENT 20,218 34,941 47,985 ELECTRICAL SEGMENT 41,730 40,084 33,596
ELECTRICAL SEGMENT 43,812 43,291 37,335 ACTUATION SYSTEMS SEGMENT 40,379 37,124 40,328
ENGINEERED SOLUTIONS SEGMENT 44,777 47,371 53,603 ENGINEERED PRODUCTS SEGMENT 6,480 13,454 17,014
CORPORATE / GENERAL   (16,367 )   (21,079 )   (30,910 ) CORPORATE / GENERAL   (16,367 )   (21,079 )   (30,910 )
TOTAL - EXCLUDING RESTRUCTURING CHARGES $ 158,975 $ 190,868 $ 221,822 TOTAL - EXCLUDING RESTRUCTURING CHARGES $ 158,975 $ 190,868 $ 221,822
RESTRUCTURING CHARGES   (4,910 )   (5,395 )   (10,473 ) RESTRUCTURING CHARGES   (4,910 )   (5,395 )   (10,473 )
TOTAL $ 154,065   $ 185,473   $ 211,349   TOTAL $ 154,065   $ 185,473   $ 211,349  
 
OPERATING PROFIT % OPERATING PROFIT %
INDUSTRIAL SEGMENT 29.2 % 31.0 % 30.4 % INDUSTRIAL SEGMENT 25.7 % 27.6 % 27.6 %
ENERGY SEGMENT 18.3 % 21.8 % 22.6 % ELECTRICAL SEGMENT 9.6 % 7.9 % 6.6 %
ELECTRICAL SEGMENT 9.7 % 8.2 % 7.0 % ACTUATION SYSTEMS SEGMENT 10.5 % 8.9 % 9.1 %
ENGINEERED SOLUTIONS SEGMENT 10.9 % 9.6 % 9.8 % ENGINEERED PRODUCTS SEGMENT 14.6 % 14.2 % 13.5 %
TOTAL - EXCLUDING RESTRUCTURING CHARGES 13.2 % 13.1 % 13.3 % TOTAL - EXCLUDING RESTRUCTURING CHARGES 13.2 % 13.1 % 13.3 %
 
EBITDA EBITDA
INDUSTRIAL SEGMENT $ 67,586 $ 89,672 $ 121,073 INDUSTRIAL SEGMENT $ 93,557 $ 132,725 $ 181,342
ENERGY SEGMENT 25,971 43,053 60,269 ELECTRICAL SEGMENT 48,861 48,803 43,535
ELECTRICAL SEGMENT 51,257 52,325 47,573 ACTUATION SYSTEMS SEGMENT 50,354 48,993 53,258
ENGINEERED SOLUTIONS SEGMENT 55,419 62,103 70,915 ENGINEERED PRODUCTS SEGMENT 7,461 16,632 21,695
CORPORATE / GENERAL   (15,555 )   (21,044 )   (30,308 ) CORPORATE / GENERAL   (15,555 )   (21,044 )   (30,308 )
TOTAL - EXCLUDING RESTRUCTURING CHARGES $ 184,678 $ 226,109 $ 269,522 TOTAL - EXCLUDING RESTRUCTURING CHARGES $ 184,678 $ 226,109 $ 269,522
RESTRUCTURING CHARGES   (4,910 )   (5,395 )   (10,473 ) RESTRUCTURING CHARGES   (4,910 )   (5,395 )   (10,473 )
TOTAL $ 179,768   $ 220,714   $ 259,049   TOTAL $ 179,768   $ 220,714   $ 259,049  
 
EBITDA % EBITDA %
INDUSTRIAL SEGMENT 29.7 % 32.2 % 32.3 % INDUSTRIAL SEGMENT 27.7 % 30.2 % 30.9 %
ENERGY SEGMENT 23.5 % 26.8 % 28.4 % ELECTRICAL SEGMENT 11.3 % 9.7 % 8.6 %
ELECTRICAL SEGMENT 11.4 % 9.9 % 9.0 % ACTUATION SYSTEMS SEGMENT 13.0 % 11.7 % 12.0 %
ENGINEERED SOLUTIONS SEGMENT 13.4 % 12.6 % 13.0 % ENGINEERED PRODUCTS SEGMENT 16.8 % 17.6 % 17.3 %
TOTAL - EXCLUDING RESTRUCTURING CHARGES 15.4 % 15.5 % 16.2 % TOTAL - EXCLUDING RESTRUCTURING CHARGES 15.4 % 15.5 % 16.2 %

                 

ACTUANT CORPORATION

SUPPLEMENTAL UNAUDITED DATA
(Dollars in thousands)
 
NET SALES BY PRODUCT LINE
 
NEW REPORTING STRUCTURE             FORMER REPORTING STRUCTURE            
FISCAL 2006 FISCAL 2007 FISCAL 2008 FISCAL 2006 FISCAL 2007 FISCAL 2008
 
INDUSTRIAL SEGMENT INDUSTRIAL SEGMENT
INDUSTRIAL $ 227,504 $ 278,733 $ 374,498 HIGH FORCE HYDRAULIC TOOLS $ 227,504 $ 278,733 $ 374,498
ENERGY SEGMENT ENERGY   110,461   160,410   212,400
ENERGY 110,461 160,410 212,400 TOTAL INDUSTRIAL 337,965 439,143 586,898
ELECTRICAL SEGMENT ELECTRICAL SEGMENT
ELECTRICAL TOOLS & SUPPLIES 286,463 300,772 295,718 NORTH AMERICAN ELECTRICAL 140,952 138,767 128,667
HARSH ENVIRONMENT ELECTRICAL 77,650 89,874 111,177 EUROPEAN ELECTRICAL 145,511 162,005 167,051
POWER TRANSFORMATION   86,445   137,202   123,069

SPECIALTY ELECTRICAL

77,650 89,874 111,177
TOTAL ELECTRICAL 450,558 527,848 529,964 PROFESSIONAL ELECTRICAL   68,373   115,062   98,905
ENGINEERED SOLUTIONS SEGMENT TOTAL ELECTRICAL 432,486 505,708 505,800
VEHICLE SYSTEMS 353,440 384,987 407,963

ACTUATION SYSTEMS AND ENGINEERED PRODUCTS SEGMENTS

OTHER   59,195   106,770   139,118

AUTOMOTIVE ACTUATION SYSTEMS

111,416

128,337

140,547

TOTAL ENGINEERED SOLUTIONS   412,635   491,757   547,081

RECREATIONAL VEHICLE ACTUATION SYSTEMS

97,529

108,270

83,962

TOTAL $ 1,201,158 $ 1,458,748 $ 1,663,943 TRUCK ACTUATION SYSTEMS 144,495 148,380 183,454
OTHER   77,267   128,910   163,282

TOTAL ACTUATION SYSTEMS AND ENGINEERED PRODUCTS

  430,707   513,897   571,245
TOTAL $ 1,201,158 $ 1,458,748 $ 1,663,943


SUPPLEMENTAL UNAUDITED DATA          
  (Dollars in thousands)
 

RESULTS BY REPORTING SEGMENT

 
NEW REPORTING STRUCTURE         FORMER REPORTING STRUCTURE        
FISCAL 2008 FISCAL 2009 FISCAL 2008 FISCAL 2009
Q1 Q2 Q3 Q4 TOTAL Q1 Q1 Q2 Q3 Q4 TOTAL Q1
SALES SALES
INDUSTRIAL SEGMENT $ 87,412 $ 87,344 $ 101,593 $ 98,149 $ 374,498 $ 90,524 INDUSTRIAL SEGMENT $ 137,089 $ 130,802 $ 160,035 $ 158,972 $ 586,898 $ 164,506
ENERGY SEGMENT 49,677 43,458 58,442 60,823 212,400 73,982 ELECTRICAL SEGMENT 133,962 130,779 129,142 111,915 505,798 101,999
ELECTRICAL SEGMENT 140,293 135,785 135,311 118,575 529,964 108,057 ACTUATION SYSTEMS SEGMENT 112,899 109,764 122,850 100,070 445,583 85,347
ENGINEERED SOLUTIONS SEGMENT   137,761     133,042     149,310     126,968     547,081     107,417   ENGINEERED PRODUCTS SEGMENT   31,193     28,284     32,629     33,558     125,664     28,128  
TOTAL $ 415,143   $ 399,629   $ 444,656   $ 404,515   $ 1,663,943   $ 379,980   TOTAL $ 415,143   $ 399,629   $ 444,656   $ 404,515   $ 1,663,943   $ 379,980  
 
OPERATING PROFIT OPERATING PROFIT
INDUSTRIAL SEGMENT $ 25,662 $ 25,990 $ 31,054 $ 31,103 $ 113,809 $ 26,007 INDUSTRIAL SEGMENT $ 37,976 $ 32,757 $ 43,692 $ 47,369 $ 161,794 $ 41,544
ENERGY SEGMENT 12,314 6,767 12,638 16,266 47,985 15,537 ELECTRICAL SEGMENT 10,426 11,239 8,074 3,858 33,596 3,762
ELECTRICAL SEGMENT 11,614 11,842 8,986 4,894 37,335 4,648 ACTUATION SYSTEMS SEGMENT 10,059 8,301 13,705 8,263 40,328 5,979
ENGINEERED SOLUTIONS SEGMENT 13,106 10,844 17,053 12,600 53,603 8,222 ENGINEERED PRODUCTS SEGMENT 4,235 3,146 4,260 5,373 17,014 3,129
CORPORATE / GENERAL   (6,415 )   (7,743 )   (8,203 )   (8,549 )   (30,910 )   (3,197 ) CORPORATE / GENERAL   (6,415 )   (7,743 )   (8,203 )   (8,549 )   (30,910 )   (3,197 )
TOTAL - EXCLUDING RESTRUCTURING CHARGES $ 56,281 $ 47,700 $ 61,528 $ 56,314 $ 221,822 $ 51,217 TOTAL - EXCLUDING RESTRUCTURING CHARGES $ 56,281 $ 47,700 $ 61,528 $ 56,314 $ 221,822 51,217
IMPAIRMENT CHARGE - - - - - (26,553 ) IMPAIRMENT CHARGE - - - - - (26,553 )
RESTRUCTURING CHARGE   (5,521 )   (4,952 )   -     -     (10,473 )   -   RESTRUCTURING CHARGE   (5,521 )   (4,952 )   -     -     (10,473 )   -  
TOTAL $ 50,760   $ 42,748   $ 61,528   $ 56,314   $ 211,349   $ 24,664   TOTAL $ 50,760   $ 42,748   $ 61,528   $ 56,314   $ 211,349   $ 24,664  
 
OPERATING PROFIT % OPERATING PROFIT %
INDUSTRIAL SEGMENT 29.4 % 29.8 % 30.6 % 31.7 % 30.4 % 28.7 % INDUSTRIAL SEGMENT 27.7 % 25.0 % 27.3 % 29.8 % 27.6 % 25.3 %
ENERGY SEGMENT 24.8 % 15.6 % 21.6 % 26.7 % 22.6 % 21.0 % ELECTRICAL SEGMENT 7.8 % 8.6 % 6.3 % 3.4 % 6.6 % 3.7 %
ELECTRICAL SEGMENT 8.3 % 8.7 % 6.6 % 4.1 % 7.0 % 4.3 % ACTUATION SYSTEMS SEGMENT 8.9 % 7.6 % 11.2 % 8.3 % 9.1 % 7.0 %
ENGINEERED SOLUTIONS SEGMENT 9.5 % 8.2 % 11.4 % 9.9 % 9.8 % 7.7 % ENGINEERED PRODUCTS SEGMENT 13.6 % 11.1 % 13.1 % 16.0 % 13.5 % 11.1 %

TOTAL (INCLUDING CORPORATE) - EXCLUDING IMPAIRMENT / RESTRUCTURING CHARGES

13.6 % 11.9 % 13.8 % 13.9 % 13.3 % 13.5 %

TOTAL (INCLUDING CORPORATE) - EXCLUDING IMPAIRMENT / RESTRUCTURING CHARGES

13.6 % 11.9 % 13.8 % 13.9 % 13.3 % 13.5 %
EBITDA EBITDA
INDUSTRIAL SEGMENT $ 28,017 $ 27,840 $ 32,617 $ 32,599 $ 121,073 $ 27,039 INDUSTRIAL SEGMENT $ 42,570 $ 37,386 $ 48,388 $ 52,998 $ 181,342 $ 48,600
ENERGY SEGMENT 14,553 9,546 15,771 20,399 60,269 21,561 ELECTRICAL SEGMENT 13,226 13,661 10,562 6,087 43,535 5,144
ELECTRICAL SEGMENT 14,495 14,340 11,553 7,186 47,573 6,103 ACTUATION SYSTEMS SEGMENT 13,292 11,428 16,402 12,136 53,258 9,336
ENGINEERED SOLUTIONS SEGMENT 17,422 15,194 20,811 17,488 70,915 12,904 ENGINEERED PRODUCTS SEGMENT 5,399 4,445 5,400 6,451 21,695 4,527
CORPORATE / GENERAL   (6,632 )   (7,522 )   (7,991 )   (8,163 )   (30,308 )   (3,110 ) CORPORATE / GENERAL   (6,632 )   (7,522 )   (7,991 )   (8,163 )   (30,308 )   (3,110 )
TOTAL - EXCLUDING IMPAIRMENT / $ 67,855 $ 59,398 $ 72,761 $ 69,509 $ 269,522 $ 64,497 TOTAL - EXCLUDING IMPAIRMENT / $ 67,855 $ 59,398 $ 72,761 $ 69,509 $ 269,522 $ 64,497
RESTRUCTURING CHARGES RESTRUCTURING CHARGES
IMPAIRMENT CHARGE - - - - - (26,553 ) IMPAIRMENT CHARGE - - - - - (26,553 )
RESTRUCTURING CHARGE   (5,521 )   (4,952 )   -     -     (10,473 )   -   RESTRUCTURING CHARGE   (5,521 )   (4,952 )   -     -     (10,473 )   -  
TOTAL $ 62,334   $ 54,446   $ 72,761   $ 69,509   $ 259,049   $ 37,944   TOTAL $ 62,334   $ 54,446   $ 72,761   $ 69,509   $ 259,049   $ 37,944  
 
EBITDA % EBITDA %
INDUSTRIAL SEGMENT 32.1 % 31.9 % 32.1 % 33.2 % 32.3 % 29.9 % INDUSTRIAL SEGMENT 31.1 % 28.6 % 30.2 % 33.3 % 30.9 % 29.5 %
ENERGY SEGMENT 29.3 % 22.0 % 27.0 % 33.5 % 28.4 % 29.1 % ELECTRICAL SEGMENT 9.9 % 10.4 % 8.2 % 5.4 % 8.6 % 5.0 %
ELECTRICAL SEGMENT 10.3 % 10.6 % 8.5 % 6.1 % 9.0 % 5.6 % ACTUATION SYSTEMS SEGMENT 11.8 % 10.4 % 13.4 % 12.1 % 12.0 % 10.9 %
ENGINEERED SOLUTIONS SEGMENT 12.6 % 11.4 % 13.9 % 13.8 % 13.0 % 12.0 % ENGINEERED PRODUCTS SEGMENT 17.3 % 15.7 % 16.5 % 19.2 % 17.3 % 16.1 %

TOTAL (INCLUDING CORPORATE) - EXCLUDING IMPAIRMENT / RESTRUCTURING CHARGES

16.3 % 14.9 % 16.4 % 17.2 % 16.2 % 17.0 %

TOTAL (INCLUDING CORPORATE) - EXCLUDING IMPAIRMENT / RESTRUCTURING CHARGES

16.3 % 14.9 % 16.4 % 17.2 % 16.2 % 17.0 %


ACTUANT CORPORATION          
SUPPLEMENTAL UNAUDITED DATA
  (Dollars in thousands)
 

RESULTS BY REPORTING SEGMENT

 
NEW REPORTING STRUCTURE             FORMER REPORTING STRUCTURE            
FISCAL 2007 FISCAL 2007
Q1 Q2 Q3 Q4 TOTAL Q1 Q2 Q3 Q4 TOTAL
SALES SALES
INDUSTRIAL SEGMENT $ 63,945 $ 65,626 $ 73,556 $ 75,606 $ 278,733 INDUSTRIAL SEGMENT $ 103,935 $ 96,501 $ 115,852 $ 122,855 $ 439,143
ENERGY SEGMENT 39,990 30,875 42,296 47,249 160,410 ELECTRICAL SEGMENT 122,017 123,599 127,653 132,439 505,708
ELECTRICAL SEGMENT 127,088 128,605 133,683 138,472 527,848 ACTUATION SYSTEMS SEGMENT 105,654 97,656 111,768 104,367 419,445
ENGINEERED SOLUTIONS SEGMENT   111,960     115,914     135,555     128,328     491,757   ENGINEERED PRODUCTS SEGMENT   11,377     23,264     29,817     29,994     94,452  
TOTAL $ 342,983   $ 341,020   $ 385,090   $ 389,655   $ 1,458,748   TOTAL $ 342,983   $ 341,020   $ 385,090   $ 389,655   $ 1,458,748  
 
OPERATING PROFIT OPERATING PROFIT
INDUSTRIAL SEGMENT $ 18,814 $ 19,919 $ 23,154 $ 24,457 $ 86,344 INDUSTRIAL SEGMENT $ 28,958 $ 24,203 $ 33,259 $ 34,865 $ 121,285
ENERGY SEGMENT 10,144 4,284 10,105 10,408 34,941 ELECTRICAL SEGMENT 9,357 9,535 10,341 10,851 40,084
ELECTRICAL SEGMENT 10,115 10,309 11,192 11,675 43,291 ACTUATION SYSTEMS SEGMENT 8,614 7,954 10,994 9,562 37,124
ENGINEERED SOLUTIONS SEGMENT 9,509 10,268 14,212 13,382 47,371 ENGINEERED PRODUCTS SEGMENT 1,653 3,088 4,069 4,644 13,454
CORPORATE / GENERAL   (4,944 )   (4,105 )   (5,756 )   (6,274 )   (21,079 ) CORPORATE / GENERAL   (4,944 )   (4,105 )   (5,756 )   (6,274 )   (21,079 )
TOTAL - EXCLUDING IMPAIRMENT / $ 43,638 $ 40,675 $ 52,907 $ 53,648 $ 190,868 TOTAL - EXCLUDING IMPAIRMENT / $ 43,638 $ 40,675 $ 52,907 $ 53,648 $ 190,868
RESTRUCTURING CHARGES RESTRUCTURING CHARGES
IMPAIRMENT CHARGE - - - - - IMPAIRMENT CHARGE - - - - -
EUROPEAN ELECTRICAL RESTRUCTURING CHARGE   (109 )   (3,776 )   (434 )   (1,076 )   (5,395 ) EUROPEAN ELECTRICAL RESTRUCTURING CHARGE   (109 )   (3,776 )   (434 )   (1,076 )   (5,395 )
TOTAL $ 43,529   $ 36,899   $ 52,473   $ 52,572   $ 185,473   TOTAL $ 43,529   $ 36,899   $ 52,473   $ 52,572   $ 185,473  
 
OPERATING PROFIT % OPERATING PROFIT %
INDUSTRIAL SEGMENT 29.4 % 30.4 % 31.5 % 32.3 % 31.0 % INDUSTRIAL SEGMENT 27.9 % 25.1 % 28.7 % 28.4 % 27.6 %
ENERGY SEGMENT 25.4 % 13.9 % 23.9 % 22.0 % 21.8 % ELECTRICAL SEGMENT 7.7 % 7.7 % 8.1 % 8.2 % 7.9 %
ELECTRICAL SEGMENT 8.0 % 8.0 % 8.4 % 8.4 % 8.2 % ACTUATION SYSTEMS SEGMENT 8.2 % 8.1 % 9.8 % 9.2 % 8.9 %
ENGINEERED SOLUTIONS SEGMENT 8.5 % 8.9 % 10.5 % 10.4 % 9.6 % ENGINEERED PRODUCTS SEGMENT 14.5 % 13.3 % 13.6 % 15.5 % 14.2 %

TOTAL (INCLUDING CORPORATE) - EXCLUDING IMPAIRMENT /

12.7 % 11.9 % 13.7 % 13.8 % 13.1 %

TOTAL (INCLUDING CORPORATE) - EXCLUDING IMPAIRMENT /

12.7 % 11.9 % 13.7 % 13.8 % 13.1 %

RESTRUCTURING CHARGES

RESTRUCTURING CHARGES

EBITDA EBITDA
INDUSTRIAL SEGMENT $ 19,347 $ 20,572 $ 23,507 $ 26,246 $ 89,672 INDUSTRIAL SEGMENT $ 31,356 $ 26,475 $ 35,738 $ 39,156 $ 132,725
ENERGY SEGMENT 12,009 5,903 12,231 12,910 43,053 ELECTRICAL SEGMENT 11,543 11,404 12,355 13,501 48,803
ELECTRICAL SEGMENT 12,382 12,255 13,284 14,404 52,325 ACTUATION SYSTEMS SEGMENT 11,339 10,928 14,179 12,547 48,993
ENGINEERED SOLUTIONS SEGMENT 12,404 14,063 18,212 17,424 62,103 ENGINEERED PRODUCTS SEGMENT 1,904 3,986 4,962 5,780 16,632
CORPORATE / GENERAL   (4,844 )   (4,028 )   (5,822 )   (6,350 )   (21,044 ) CORPORATE / GENERAL   (4,844 )   (4,028 )   (5,822 )   (6,350 )   (21,044 )
TOTAL - EXCLUDING IMPAIRMENT / $ 51,298 $ 48,765 $ 61,412 $ 64,634 $ 226,109 TOTAL - EXCLUDING IMPAIRMENT / $ 51,298 $ 48,765 $ 61,412 $ 64,634 $ 226,109
RESTRUCTURING CHARGES RESTRUCTURING CHARGES
IMPAIRMENT CHARGE - - - - - IMPAIRMENT CHARGE - - - - -
EUROPEAN ELECTRICAL RESTRUCTURING CHARGE   (109 )   (3,776 )   (434 )   (1,076 )   (5,395 ) EUROPEAN ELECTRICAL RESTRUCTURING CHARGE   (109 )   (3,776 )   (434 )   (1,076 )   (5,395 )
TOTAL $ 51,189   $ 44,989   $ 60,978   $ 63,558   $ 220,714   TOTAL $ 51,189   $ 44,989   $ 60,978   $ 63,558   $ 220,714  
 
EBITDA % EBITDA %
INDUSTRIAL SEGMENT 30.3 % 31.3 % 32.0 % 34.7 % 32.2 % INDUSTRIAL SEGMENT 30.2 % 27.4 % 30.8 % 31.9 % 30.2 %
ENERGY SEGMENT 30.0 % 19.1 % 28.9 % 27.3 % 26.8 % ELECTRICAL SEGMENT 9.5 % 9.2 % 9.7 % 10.2 % 9.7 %
ELECTRICAL SEGMENT 9.7 % 9.5 % 9.9 % 10.4 % 9.9 % ACTUATION SYSTEMS SEGMENT 10.7 % 11.2 % 12.7 % 12.0 % 11.7 %
ENGINEERED SOLUTIONS SEGMENT 11.1 % 12.1 % 13.4 % 13.6 % 12.6 % ENGINEERED PRODUCTS SEGMENT 16.7 % 17.1 % 16.6 % 19.3 % 17.6 %

TOTAL (INCLUDING CORPORATE) - EXCLUDING IMPAIRMENT /

15.0 % 14.3 % 15.9 % 16.6 % 15.5 %

TOTAL (INCLUDING CORPORATE) - EXCLUDING IMPAIRMENT /

15.0 % 14.3 % 15.9 % 16.6 % 15.5 %

RESTRUCTURING CHARGES

RESTRUCTURING CHARGES


ACTUANT CORPORATION                          
SUPPLEMENTAL UNAUDITED DATA
  (Dollars in thousands)
     
NET SALES BY PRODUCT LINE
 
NEW REPORTING STRUCTURE             FORMER REPORTING STRUCTURE            
FISCAL 2008 FISCAL 2009 FISCAL 2008 FISCAL 2009
Q1   Q2   Q3   Q4   TOTAL Q1 Q1   Q2   Q3   Q4   TOTAL Q1
 
INDUSTRIAL SEGMENT INDUSTRIAL SEGMENT
INDUSTRIAL $ 87,412 $ 87,344 $ 101,593 $ 98,149 $ 374,498 $ 90,524 HIGH FORCE HYDRAULIC TOOLS $ 87,412 $ 87,344 $ 101,593 $ 98,149 $ 374,498 $ 90,523
ENERGY SEGMENT ENERGY   49,677     43,458     58,442     60,823     212,400   73,982
ENERGY 49,677 43,458 58,442 60,823 212,400 73,982 TOTAL INDUSTRIAL 137,089 130,802 160,035 158,972 586,898 164,505
ELECTRICAL SEGMENT ELECTRICAL SEGMENT
ELECTRICAL TOOLS & SUPPLIES 79,326 76,658 72,534 67,200 295,718 63,195 NORTH AMERICAN ELECTRICAL 35,150 33,549 31,110 28,858 128,667 27,680
HARSH ENVIRONMENT ELECTRICAL 29,604 28,894 30,404 22,275 111,177 18,336 EUROPEAN ELECTRICAL 44,176 43,109 41,424 38,342 167,051 35,515
POWER TRANSFORMATION   31,363     30,233     32,373     29,100     123,069   26,526 SPECIALTY ELECTRICAL 29,604 28,894 30,404 22,275 111,177 18,336
TOTAL ELECTRICAL 140,293 135,785 135,311 118,575 529,964 108,057 PROFESSIONAL ELECTRICAL   25,032     25,227     26,204     22,442     98,905   20,469
ENGINEERED SOLUTIONS SEGMENT TOTAL ELECTRICAL 133,962 130,779 129,142 111,917 505,800 102,000
VEHICLE SYSTEMS 103,419 100,159 113,065 91,320 407,963 72,749 ACTUATION SYSTEMS AND ENGINEERED
OTHER   34,342     32,883     36,245     35,648     139,118   34,668 PRODUCTS SEGMENT
TOTAL ENGINEERED SOLUTIONS 137,761 133,042 149,310 126,968 547,081 107,417 AUTOMOTIVE ACTUATION SYSTEMS 45,533 32,676 42,105 20,233 140,547 20,474
                    RECREATIONAL VEHICLE ACTUATION SYSTEMS 32,531 22,069 21,624 7,738 83,962 11,685
TOTAL $ 415,143   $ 399,629   $ 444,656   $ 404,515   $ 1,663,943 $ 379,980 TRUCK ACTUATION SYSTEMS 25,355 45,414 49,336 63,349 183,454 40,590
OTHER   40,673     37,889     42,414     42,306     163,282   40,726

TOTAL ACTUATION SYSTEMS AND ENGINEERED PRODUCTS

  144,092     138,048     155,479     133,626     571,245   113,475
TOTAL $ 415,143   $ 399,629   $ 444,656   $ 404,515   $ 1,663,943 $ 379,980


ACTUANT CORPORATION                      
SUPPLEMENTAL UNAUDITED DATA
  (Dollars in thousands)
   
NET SALES BY PRODUCT LINE
 
NEW REPORTING STRUCTURE             FORMER REPORTING STRUCTURE            
FISCAL 2007 FISCAL 2007
Q1   Q2   Q3   Q4   TOTAL Q1   Q2   Q3   Q4   TOTAL
 

INDUSTRIAL SEGMENT

INDUSTRIAL SEGMENT
INDUSTRIAL $ 63,945 $ 65,626 $ 73,556 $ 75,606 $ 278,733 HIGH FORCE HYDRAULIC TOOLS $ 63,944 $ 65,625 $ 73,556 $ 75,608 $ 278,733

ENERGY SEGMENT

ENERGY SEGMENT

  39,990     30,875     42,296     47,249     160,410
ENERGY 39,990 30,875 42,296 47,249 160,410 TOTAL INDUSTRIAL 103,934 96,500 115,852 122,857 439,143

ELECTRICAL SEGMENT

ELECTRICAL SEGMENT
ELECTRICAL TOOLS & SUPPLIES 76,907 75,331 74,113 74,421 300,772 NORTH AMERICAN ELECTRICAL 33,562 34,163 34,771 36,271 138,767
HARSH ENVIRONMENT ELECTRICAL 18,242 20,620 23,320 27,692 89,874 EUROPEAN ELECTRICAL 43,344 41,167 39,342 38,152 162,005
POWER TRANSFORMATION   31,939     32,654     36,250     36,359     137,202 SPECIALTY ELECTRICAL 18,243 20,620 23,320 27,691 89,874
TOTAL ELECTRICAL 127,088 128,605 133,683 138,472 527,848 PROFESSIONAL ELECTRICAL   26,868     27,649     30,220     30,325     115,062

ENGINEERED SOLUTIONS
SEGMENT

TOTAL ELECTRICAL 122,017 123,599 127,653 132,439 505,708
VEHICLE SYSTEMS 97,988 88,640 102,657 95,702 384,987 ACTUATION SYSTEMS AND ENGINEERED
OTHER   13,972     27,274     32,898     32,626     106,770 PRODUCTS SEGMENTS
TOTAL ENGINEERED SOLUTIONS 111,960 115,914 135,555 128,328 491,757 AUTOMOTIVE ACTUATION SYSTEMS 32,328 28,760 36,194 31,055 128,337
                  RECREATIONAL VEHICLE ACTUATION SYSTEMS 24,173 26,024 29,611 28,462 108,270
TOTAL $ 342,983   $ 341,020   $ 385,090   $ 389,655   $ 1,458,748 TRUCK ACTUATION SYSTEMS 41,487 33,858 36,853 36,182 148,380
OTHER   19,044     32,279     38,927     38,660     128,910
TOTAL ACTUATION SYSTEMS AND 117,032 120,921 141,585 134,359 513,897
ENGINEERED PRODUCTS                  
TOTAL $ 342,983   $ 341,020   $ 385,090   $ 389,655   $ 1,458,748

CONTACT:
Karen Bauer
Director, Investor Relations
262-373-7462