| Business Summary | | Raven
Industries,
Inc.
began
operations
as
a
manufacturer
of
high-altitude
research
balloons.
The
Company
has
diversified
over
the
years
to
supply
specialized
products
for
a
number
of
markets,
including
industrial,
recreation,
agriculture
and
military/aerospace.
Many
of
these
product
lines
are
an
extension
of
technology
and
production
methods
developed
in
the
original
balloon
business.
The
Company
has
five
business
segments
consisting
of
three
Raven
divisions
and
two
subsidiaries.
These
segments
are
Electronic
Systems
Division,
Flow
Controls
Division,
Engineered
Films
Division,
Aerostar
and
Beta
Raven. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Raven
Industries
is
a
manufacturer
that
supplies
plastic,
electronics
and
sewn
products
to
the
industrial,
recreation,
agriculture,
automotive
and
defense
markets.
For
the
three
months
ended
4/30/01,
net
sales
decreased
4%
to
$31
million.
Net
income
increased
32%
to
$2.2
million.
Revenues
reflect
lower
sales
in
the
Plastic
Tank
division.
Earnings
reflect
lower
general
and
administrative
expenses
due
to
staff
reductions
and
decreased
interest
expense. Recent Earnings Announcement For
the
3
months
ended
07/31/2001,
revenues
were
28,157;
after
tax
earnings
were
2,043. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Conrad Hoigaard, 64 Chairman | -- | Ronald Moquist, 55 Pres,
CEO, Director | $294K | Thomas Iacarella, 47 CFO,
VP, Sec., Treasurer | 165K | Gary Conradi, 61 VP-
Admin. | 164K | Dollar amounts are as of 31-Jan-2001 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
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