| Business Summary | | Panavision
Inc.
is
a
designer,
manufacturer
and
supplier
of
high-precision
camera
systems,
comprising
cameras,
lenses
and
accessories,
for
the
motion
picture
and
television
industries.
The
Company's
relationships
with
producers,
directors
and
cinematographers
results
in
a
cooperative
effort
to
design
and
produce
systems
and
accessories
that
meet
filmmakers'
creative
needs.
Panavision
camera
systems
are
not
available
for
sale,
but
instead
are
rented
exclusively
through
the
Company's
domestic
and
international
owned
and
operated
facilities
and
a
network
of
independent
agents.
The
Company
has
a
network
of
rental
offices
and
maintenance
facilities
throughout
North
America,
Europe
and
the
Asia
Pacific
region.
In
addition
to
manufacturing
and
renting
camera
systems,
the
Company
has
rental
operations
providing
lighting,
lighting
grip,
power
distribution,
generation
and
related
transportation
equipment. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | PVI
designs,
manufactures
and
rents
high-precision
film
camera
systems,
comprising
cameras,
lenses
and
accessories,
for
the
motion
picture
and
television
industries.
For
the
three
months
ended
3/31/01,
revenues
increased
12%
to
$53.8
million.
Net
loss
decreased
83%
to
$1.4
million.
Revenues
reflect
an
increase
in
rentals.
Net
loss
also
reflects
decreased
S/G/A
expenses
due
to
cost
control
efforts
and
the
favorable
impact
of
weaker
foreign
currencies. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
55,217;
after
tax
earnings
were
982. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Ronald Perelman, 58 Chairman | -- | John Farrand, 56 Pres,
CEO, Director | $1.7M | Scott Seybold CFO,
Exec. VP | 472K | Barry Schwartz Exec.
VP and Gen. Counsel | -- | Dollar amounts are as of 31-Dec-2000 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
|
|