Form 10-Q for Apogee Enterprises Inc

Quarterly Report Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations Forward-Looking Statements This discussion contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995.

These statements reflect our current views with respect to future events and financial performance. The words "believe," "expect," "anticipate," "intend," "estimate," "forecast," "project," "should" and similar expressions are intended to identify "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All forecasts and projections in this document are "forward-looking statements," and are based on management's current expectations or beliefs of the Company's near-term results, based on current information available pertaining to the Company, including the risk factors noted under Item 1A of the Company's Annual Report on Form 10-K for the fiscal year ended February 25, 2006. From time to time, we may also provide oral and written forward-looking statements in other materials we release to the public such as press releases, presentations to securities analysts or investors, or other communications by the Company. Any or all of our forward-looking statements in this report and in any public statements we make could be materially different from actual results.

Accordingly, we wish to caution investors that any forward-looking statements made by or on behalf of the Company are subject to uncertainties and other factors that could cause actual results to differ materially from such statements. These uncertainties and other risk factors include, but are not limited to, the risks and uncertainties set forth under Item 1A of the Company's Annual Report on Form 10-K for the fiscal year ended February 25, 2006.

The Company wishes to caution investors that other factors might in the future prove to be important in affecting the Company's results of operations. New factors emerge from time to time; it is not possible for management to predict all such factors, nor can it assess the impact of each such factor on the business or the extent to which any factor, or a combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. The Company undertakes no obligation to update publicly or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Overview

We are a leader in technologies involving the design and development of value-added glass products, services and systems. The Company is comprised of three segments: Architectural Products and Services (Architectural), Large-Scale Optical (LSO) and Automotive Replacement Glass and Services (Auto Glass). Our Architectural segment companies design, engineer, fabricate, install, maintain and renovate the walls of glass and windows primarily comprising the outside skin of commercial and institutional buildings. Businesses in this segment are:

Viracon, a leading fabricator of coated, high-performance architectural glass for global markets; Harmon, Inc., one of the largest U.S. full-service building glass installation, maintenance and renovation companies; Wausau Window and Wall Systems, a manufacturer of custom aluminum window systems and curtainwall; and Linetec, a paint and anodizing finisher of architectural aluminum and PVC shutters. Our LSO segment consists of Tru Vue, a value-added glass and acrylic manufacturer for the custom picture framing market, and a producer of optical thin film coatings for consumer electronics displays. This segment also provides wall décor, including pre-framed art and mirrors. Our Auto Glass segment consists of Viracon/Curvlite, a U.S. fabricator of foreign and domestic aftermarket automotive replacement glass, and original equipment manufacturers' and aftermarket recreational vehicle and bus windshields; however, during the third quarter of fiscal 2007, the Company announced plans to exit the aftermarket automotive replacement glass product line and to focus on the original equipment manufacturer and aftermarket recreational vehicle and bus windshield markets.

The following selected financial data should be read in conjunction with the Company's Annual Report on Form 10-K for the year ended February 25, 2006 and the consolidated financial statements, including the notes to consolidated financial statements, included therein.

Read the entire news on the source link below.

600450 Form 10-Q for Apogee Enterprises Inc glassonweb.com
Date: 15 January 2007
Source: Yahoo

See more news about:

See more from these topics:

Others also read

The Marcus Mariota Sports Performance Center features an athletic wellness performance facility and an interior constructed of eye-catching glass displays, including a trophy lobby with Tru Vue® UltraVue® Laminated Glass display cases.
Investments, productivity improvements enable Utah plant closure; Restructuring charges reflected in previous fiscal 2018 outlook.
The institutional investor purchased 5,376 shares of the industrial products company’s stock, valued at approximately $259,000.
WICONA, the specialist manufacturer of glazing and glass curtain walling, has worked with specialist contractor GLASSOLUTIONS to deliver the glazing and facades package for One Bedford Avenue, a flagship mixed use development in Central London.
Linetec elevates the aesthetics of anodize to new heights with the addition of a proprietary Brushed Stainless finish.
He is based in Dallas and reports directly to Tubelite regional sales manager Terry Robinholt. They work closely with glazing contractors and architectural teams across the region to provide assistance with storefront, curtainwall, entrances and daylight control systems.

Add new comment