JLG Named to FORTUNE List of 100 Fastest-Growing Companies
September 15 2006 - 9:00AM
Business Wire
JLG Industries, Inc. (NYSE:JLG) announced today that it has placed
22nd on FORTUNE magazine's 2006 list of the 100 Fastest-Growing
Companies. To compute the rankings, FORTUNE uses data from Zacks
Investment Research and gives equal weight to three factors: profit
and sales growth (for three years through the first quarter of
2006) and three-year total return (through June). The company's
total shareholder return ranked 17th with revenue and
earnings-per-share growth rates ranking 46th and 52nd,
respectively. "JLG is proud to be named to this select group of
high-performing companies," said Bill Lasky, Chairman and Chief
Executive Officer. "It is gratifying to see our financial
performance recognized in this way. It reinforces our ability to
transform strategy and performance into shareholder value."
Companies qualifying for this year's listing were required over the
three years ended on or before March 31, 2006 to be incorporated in
the U.S.; to have a minimum market capitalization of $250 million
and a stock price of at least $5; to have traded continuously since
June 30, 2003; to have revenue and net income for the four quarters
ended on or before March 31, 2006, of at least $50 million and $10
million, respectively; and to have a compound annual growth in
revenue and earnings per share of at least 25% annually. The
complete list of the 100 Fastest-Growing Companies for 2006 appears
in the September 18 edition of FORTUNE available on newsstands
September 11 and at FORTUNE.com. JLG Industries, Inc. is the
world's leading producer of access equipment (aerial work platforms
and telehandlers). The Company's diverse product portfolio
encompasses leading brands such as JLG(R) aerial work platforms;
JLG, SkyTrak(R), Lull(R) and Gradall(R) telehandlers; and an array
of complementary accessories that increase the versatility and
efficiency of these products for end users. JLG markets its
products and services through a multi-channel approach that
includes a highly trained sales force and utilizes a broad range of
marketing techniques, integrated supply programs and a network of
distributors in the industrial, commercial, institutional, and
construction markets. In addition, JLG offers world-class
after-sales service and support for its customers. JLG's
manufacturing facilities are located in the United States, Belgium,
and France, with sales and service operations on six continents.
For more information, visit www.jlg.com NOTE: Information contained
on our website is incorporated by reference into this press
release.
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