Compass Diversified Holdings Announces Second Quarter 2019 Earnings and Conference Call Information
July 17 2019 - 4:15PM
Compass Diversified Holdings (NYSE: CODI) (“CODI” or the
“Company”), an owner of leading middle market businesses, announced
today that it plans to release financial results for the second
quarter ended June 30, 2019, on Wednesday, July 31, 2019, after the
close of market trading. The Company has scheduled a conference
call to discuss the results on Thursday, August 1, 2019 at 9:00
a.m. ET.
The conference call will feature remarks by
Elias J. Sabo, Chief Executive Officer, Ryan J. Faulkingham, Chief
Financial Officer, David Swanson, Partner of Compass Group
Management LLC (“CGM”), and Pat Maciariello, Partner and Chief
Operating Officer of CGM. To participate in the call, please dial
(855) 212-2368 (domestic) or (315) 625-6886 (international). The
passcode is 7355967. Please dial into the call at least five
minutes before the scheduled start time.
The conference call will also be available via a
live listen-only webcast and can be accessed through the Investor
Relations section of CODI's website,
https://www.compassequity.com/. Please allow extra time prior to
the call to visit the site and download any necessary software that
may be needed to listen to the Internet broadcast.
For interested individuals unable to join the
live conference call, a replay of the call will be available
through August 8, 2019 at (855) 859-2056 (domestic) or (404)
537-3406 (international). The passcode for the call and replay is
7355967. An online archive of the webcast will be available on the
Company’s website for 30 days following the call.
About Compass Diversified Holdings
(“CODI”)CODI owns and manages a diverse family of
established North American middle market businesses. Each of its
current subsidiaries is a leader in its niche market.
CODI maintains controlling ownership interests
in each of its subsidiaries in order to maximize its ability to
impact long term cash flow generation and value. The Company
provides both debt and equity capital for its subsidiaries,
contributing to their financial and operating flexibility. CODI
utilizes the cash flows generated by its subsidiaries to invest in
the long-term growth of the Company and to make cash distributions
to its shareholders.
Our eight majority-owned subsidiaries are
engaged in the following lines of business:
- The design and marketing of
purpose-built tactical apparel and gear serving a wide range of
global customers (5.11);
- The manufacture of quick-turn,
small-run and production rigid printed circuit boards
(Advanced Circuits);
- The manufacture of engineered
magnetic solutions for a wide range of specialty applications and
end-markets (Arnold Magnetic Technologies);
- The design and marketing of
wearable baby carriers, strollers and related products
(Ergobaby);
- The design and manufacture of
custom molded protective foam solutions and OE components
(Foam Fabricators);
- The design and manufacture of
premium home and gun safes (Liberty Safe);
- The manufacture and marketing of
portable food warming fuels for the hospitality and consumer
markets, flameless candles and house and garden lighting for the
home decor market, and wickless candle products used for home decor
and fragrance systems (The Sterno Group); and
- The design, manufacture and
marketing of airguns, archery products, optics and related
accessories (Velocity Outdoor).
This press release may contain certain
forward-looking statements, including statements with regard to the
future performance of CODI. Words such as "believes," "expects,"
"projects," and "future" or similar expressions, are intended to
identify forward-looking statements. These forward-looking
statements are subject to the inherent uncertainties in predicting
future results and conditions. Certain factors could cause actual
results to differ materially from those projected in these
forward-looking statements, and some of these factors are
enumerated in the risk factor discussion in the Form 10-K filed by
CODI with the SEC for the year ended December 31, 2018 and other
filings with the SEC. Except as required by law, CODI undertakes no
obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise.
|
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Compass Diversified Holdings |
Investor Relations and Media Contact: |
Ryan J. Faulkingham |
The IGB Group |
Chief Financial Officer |
Leon Berman |
203.221.1703 |
212.477.8438 |
ryan@compassequity.com |
lberman@igbir.com |
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