|
Profile:
Headquartered in New York, with subsidiaries in California, Georgia, Kentucky, Ohio, England, K&F Industries is engaged in the design and manufacture of aircraft wheels, brakes, brake control systems and flexible bladder fuel tanks for commercial transport, general aviation and military aircraft.
K&F Industries has two principal operating and wholly-owned subsidiaries:
- Aircraft Braking Systems Corporation (ABSC), a worldwide leader in the manufacture of aircraft wheels, carbon and steel brakes and brake control systems. ABSC, accounted for approximately 82% of K&F Industries' consolidated revenues for the year ended December 31, 2006.
- Engineered Fabric Corporation (EFC), a leading supplier of flexible bladder fuel tanks, aircraft ice guards, inflatable oil booms and other specialty coated products for the US military, worldwide commercial transport and general aviation markets. EFC accounted for approximately 18% of K&F Industries consolidated revenues for the year ended December 31, 2006.
Recent Financial Performance:
K&F Industries Holdings, Inc, is the parent company of K&F Industries, Inc., and both companies file reports with the U.S. Securities and Exchange Commission. For a complete discussion and analysis of our financial statements and results of operations, including how we define and use EBITDA as a financial measure and the risk factors in our business, please read the most recent Annual Report on Form 10-K and the other securities filings made by K&F Industries Holdings and K&F Industries.
For the year ended December 31, 2006 K&F Industries Holdings, Inc. reported revenues of $424 million and bookings of $560 million. Year-end 2006 backlog was $297 million. The company reported EBITDA of $167 million, net income of $54 million and diluted earnings per share of $1.35 for the year ended December 31, 2006.
For more information, please see K&F's Form 10-K of K&F Industries Holdings, Inc. for the year ended December 31, 2006.
Note: EBITDA represents net income before interest expense, income tax provision and depreciation and amortization. EBITDA does not represent and should not be considered an alternative to net income or cash flow from operations, as determined in accordance with accounting principles generally accepted in the USA, and our calculations thereof may not be comparable to similarly entitled measures reported by others.
Investor Contact
Fred Buonocore
Director of Investor Relations
Telephone: (914) 448-2700
Email: investor.relations@kandfindustries.com
Mail: 50 Main St., Suite 485
White Plains, NY 10606
|
|
Segment Information:
2006 Revenues by Respective Market
|
 |
2006 Distribution by Product Line
|
 |
|
|
