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Home > Company Index > Consumer Products-Durables  > Sporting Goods > Head N.V.

Head N.V.
NYSE: HED
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 PROFILE
Head makes the gear that gets skiers, tennis players, and divers out in front. The company manufactures and markets branded sports equipment, including Penn-branded tennis balls and racquets, in more than 80 countries. In a bid to boost its presence in a low-growth sector, Head went on a buying spree in the year before its September 2000 IPO, buying four of its current seven brands and entering the snowboard market. Head also plans to expand its brands through sportswear licensing agreements. The company, which is about 46% owned by chairman and CEO Johan Eliasch, will use the proceeds of its offering to repay debt and fund future acquisitions.

 COMPETITION
Amer Group Plc (AGPDY)
Benetton Group S.p.A. (BNG)
adidas-Salomon AG (ADDDY)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 398.60
1-Yr. Sales Growth: 2.2%
Employees: 3,097
Revenue per employee: $128,705.20

 KEY PEOPLE
• Johan Eliasch
    CEO
• Ralf Bernhart
    CFO

 CONTACT INFO
Aert van Nesstraat 45
3012 CA Rotterdam, The Netherlands
Phone: 31-10-214-1923
Fax: 31-10-401-6462
Online: Web Site

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