-----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, VFAtWgqMcp8UCaPPe91HSTosw7QtvrclCu31gMCNsmu8Umq31nu+TV0nGvGkGf7T /MagAYBMIVfoli/a7NnE9A== 0000950152-02-000828.txt : 20020414 0000950152-02-000828.hdr.sgml : 20020414 ACCESSION NUMBER: 0000950152-02-000828 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20020205 ITEM INFORMATION: Other events FILED AS OF DATE: 20020208 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ROBBINS & MYERS INC CENTRAL INDEX KEY: 0000084290 STANDARD INDUSTRIAL CLASSIFICATION: PUMPS & PUMPING EQUIPMENT [3561] IRS NUMBER: 310424220 STATE OF INCORPORATION: OH FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-00288 FILM NUMBER: 02530990 BUSINESS ADDRESS: STREET 1: 1400 KETTERING TWR CITY: DAYTON STATE: OH ZIP: 45423 BUSINESS PHONE: 9372222610 MAIL ADDRESS: STREET 1: 1400 KETTERING TOWER CITY: DAYTON STATE: OH ZIP: 45423 8-K 1 l92618ae8-k.txt ROBBINS & MYERS, INC. 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 Date of Report (Date of earliest event reported): February 5, 2002 ROBBINS & MYERS, INC. --------------------- (Exact name of Registrant as specified in its charter) Ohio 0-288 31-0424220 - -------------------------------------------------------------------------------- (State or other jurisdiction of (Commission (IRS Employer incorporation or organization) File Number) Identification No.) 1400 Kettering Tower, Dayton, OH 45423 - -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip code) 937-222-2610 ------------ (Registrant's telephone number including area code) Not applicable -------------- (Former name and former address, if changed since last report) ITEM 5. OTHER EVENTS AND REGULATION FD DISCLOSURE On February 5, 2002, Robbins & Myers, Inc. issued the following press release: ROBBINS & MYERS REVISES EARNINGS OUTLOOK ---------------------------------------- FOR THE QUARTER AND FISCAL YEAR ------------------------------- DAYTON, OHIO, February 5, 2002 . . . Robbins & Myers, Inc. today announced that it anticipates earnings for the second quarter ending February 28, 2002 to be approximately 10% below earlier estimates. The decline is due to weaker-than-expected market conditions in the Company's energy business, coupled with the continuing recession environment in specialty chemicals and general industrial markets. Gerald L. Connelly, President and Chief Executive Officer of Robbins & Myers, Inc., said, "Previous estimates were based on a stronger energy market than we have seen in recent months. Orders in our Energy Segment for this quarter may decline as much as 20% from the same period last year. On the positive side, we do not anticipate a sequential decline from our first fiscal quarter order level indicating this down cycle appears to have bottomed. The continuing depressed conditions in specialty chemicals and general industrial markets, which have been present in North America, are beginning to appear in Europe. The Asian market, however, remains a bright spot. We have taken steps in the second quarter to adjust globally for weakness in specialty chemicals. The actions are expected to result in non-recurring expenses which will reduce earnings by approximately $.02 per share." Connelly continued, "The Romaco acquisition continues to perform in line with our expectations. Recent strong growth in the secondary pharmaceutical market is forecasted to remain positive for the balance of our fiscal year. The Company's performance for this fiscal year will depend on indications of improvement in our key end markets during the next few months. Currently, we anticipate diluted earnings per share for fiscal 2002 will be down from earlier estimates and in the $1.50 to $1.70 range. Robbins & Myers remains well positioned for the recovery which many economic indicators suggest will begin later this calendar year." Robbins & Myers, Inc. is a leading global manufacturer and marketer of superior quality critical equipment for those industries dedicated to improving the quality of life: pharmaceuticals, energy, specialty chemicals and water and wastewater treatment. Headquartered in Dayton, Ohio, the Company has facilities in the United States, Canada, Europe, Brazil, Mexico, Singapore, Venezuela and joint ventures in Australia, China, France, India, and Taiwan. In addition to historical information, this release contains forward-looking statements, identified by use of words such as "expects," "anticipates," "estimates," "projects" and similar expressions. These statements reflect the Company's expectations at the time that this release was issued. Actual events and results may differ materially from those described in the forward-looking statements. Among the factors that could cause material differences are the failure of any recovery in capital expenditures to emerge in the specialty chemical and general industrial markets, a significant decline in capital expenditures in the pharmaceutical industries, a major decline in oil and natural gas prices, foreign exchange rate fluctuations, continued availability of acceptable acquisition candidates and general economic conditions that can affect demand in the process industries. The Company undertakes no obligation to update or revise any forward-looking statement. The Company's common stock trades on the New York Stock Exchange under the symbol RBN. 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, thereunto duly authorized. Robbins & Myers, Inc. Date: February 8, 2002 By:/s/ Kevin J. Brown ---------------- --------------------------------- Kevin J. Brown Vice President of Finance & Chief Financial Officer -----END PRIVACY-ENHANCED MESSAGE-----