-----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, UfS4LsN9dtQSdyeFcEFlmRprL0L5QzUmW5d7Ih6MSWzt2gnVnBhOh72OpOqVABgr qBXWW76y+HGRcPD5TLu2sA== 0000947871-05-001252.txt : 20050621 0000947871-05-001252.hdr.sgml : 20050621 20050621130113 ACCESSION NUMBER: 0000947871-05-001252 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20050620 ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20050621 DATE AS OF CHANGE: 20050621 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BE AEROSPACE INC CENTRAL INDEX KEY: 0000861361 STANDARD INDUSTRIAL CLASSIFICATION: PUBLIC BUILDING AND RELATED FURNITURE [2531] IRS NUMBER: 061209796 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-18348 FILM NUMBER: 05907510 BUSINESS ADDRESS: STREET 1: 1400 CORPORATE CTR WY CITY: WELLINGTON STATE: FL ZIP: 33414 BUSINESS PHONE: 5617915000 MAIL ADDRESS: STREET 1: 1400 CORPORATE CENTER WAY STREET 2: 1400 CORPORATE CENTER WAY CITY: WELLINGTON STATE: FL ZIP: 33414 FORMER COMPANY: FORMER CONFORMED NAME: BE AVIONICS INC DATE OF NAME CHANGE: 19920608 8-K 1 f8k_062005.txt CURRENT REPORT 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 of earliest event reported): June 20, 2005 BE AEROSPACE, INC. (Exact name of registrant as specified in charter) DELAWARE 0-18348 06-1209796 (State or other (Commission File Number) (I.R.S. Employer jurisdiction of incorporation) Identification No.) 1400 Corporate Center Way, Wellington, Florida 33414 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (561) 791-5000 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.2. 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)) Exhibit Index Appears on page 4 Item 7.01. Regulation FD Disclosure. ------------------------- On June 20, 2005, BE Aerospace, Inc. issued a press release reaffirming its earnings guidance for 2005 and raising its earnings guidance for 2006. A copy of such press release is furnished herewith as Exhibit 99.1, attached hereto. 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. BE AEROSPACE, INC. By: /s/ Thomas P. McCaffrey ---------------------------------------------- Name: Thomas P. McCaffrey Title: Senior Vice President of Administration and Chief Financial Officer Date: June 21, 2005 EXHIBIT INDEX Exhibit No. Description of Exhibits - ----------- ----------------------- 99.1 Press release, dated June 20, 2005, issued by BE Aerospace, Inc. reaffirming earnings guidance for 2005 and raising earnings guidance for 2006. EX-99.1 2 ex99-1_062005.txt PRESS RELEASE Exhibit 99.1 ------------ [B/E AEROSPACE LOGO] News Release #05-12 CONTACT: Doug Dean Director, Investor Relations B/E Aerospace, Inc. (561) 791-5000 B/E AEROSPACE RAISES GUIDANCE FOR 2006 -- REAFFIRMS GUIDANCE FOR 2005 --------------------------------------------------------------------- WELLINGTON, FL, June 20, 2005 - B/E Aerospace, Inc. (Nasdaq: BEAV), the world's leading manufacturer of aircraft cabin interior products and a leading aftermarket distributor of aerospace fasteners, today raised its earnings guidance for 2006 to a range of approximately $1.00 to $1.10 per share and reaffirmed its earnings guidance of approximately $0.50 per share for 2005. This change in guidance is based on record customer awards in the second quarter of 2005 which are expected to drive continued robust backlog growth, and record backlog levels in the second, third and fourth quarters of 2005. Based on second quarter awards, several of which will book in the second half of the year, management expects full year 2005 bookings to exceed $1 billion, and for year-end backlog to approximate $1 billion. Management expects double-digit revenue growth as well as continued backlog growth in 2006, consistent with the initial upswing in the new aircraft delivery cycle. The company is maintaining 2005 earnings guidance of $0.50 per share in spite of overperformance on revenue, bookings and backlog, electing to spend more on product development and marketing. Mr. Robert Khoury, President and Chief Executive Officer of B/E Aerospace, Inc. commented, "This clearly is the most vibrant marketing period in our history. The company has been generating record backlog over the past twelve months, while reporting substantial revenue and earnings growth, all at the outset of the recovery in our industry. The second quarter will have been our best quarter ever in terms of customer awards, totaling approximately $375 million, and as a result, we expect to see continued robust growth in our backlog during the balance of 2005, rising to approximately $1 billion by year-end. We are increasingly confident in our ability to generate revenues in excess of $800 million during 2005 and to generate revenues in excess of $900 million in 2006. We are now guiding 2006 earnings per share in the range of approximately $1.00 to $1.10 and reaffirming 2005 guidance at approximately $0.50 per share." This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve risks and uncertainties. B/E's actual experience may differ materially from that anticipated in such statements. Factors that might cause such a difference include those discussed in B/E's filings with the Securities and Exchange Commission, including but not limited to its most recent proxy statement, Form 10-K and Form 10-Q. For more information, see the section entitled "Forward-Looking Statements" contained in B/E's Form 10-K and in other filings. About B/E Aerospace, Inc. B/E Aerospace, Inc. is the world's leading manufacturer of aircraft cabin interior products, and a leading aftermarket distributor of aerospace fasteners. B/E designs, develops and manufactures a broad range of products for both commercial aircraft and business jets. B/E manufactured products include seating, lighting, oxygen, and food and beverage preparation and storage equipment. The Company also provides cabin interior design, reconfiguration and passenger-to-freighter conversion services. Products for the existing aircraft fleet -- the aftermarket -- generate about 60 percent of sales. B/E sells its products through its own global direct sales organization. For more information, visit B/E's website at www.beaerospace.com. ------------------- # # # -----END PRIVACY-ENHANCED MESSAGE-----