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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Jurgis Bekepuris who wrote (39156)9/8/2010 4:52:18 PM
From: Rainmaker8882 Recommendations  Read Replies (1) | Respond to of 78729
 
Jurgis....UFPT - Growth came from acquisitions and organically. The company has been very prudent in it's acquisitions as evident by lack of goodwill write-offs and related one-time charges, not to mention increasing gross, operating, and net margins over time. Decent insider holdings also express corporate accountability, especially for a company like UFPT that makes frequent acquisitions

Organic sales decreased recently due to the economic slowdown but the company made some good acquisitions, boosting results. Medical and military sales also offset lower sales in the auto sector.

2001 - ($0.72) - sales down due to general economic slowdown and lower demand for auto's, electronic components (packaging)
2002 - ($0.05) - soft economic demand
2003 - ($0.33) - softness in economy continues
2004 - $0.19 - economic demand picks up
2005 - $0.13
2006 - $0.49
2007 - $0.77
2008 - $0.91
2009 - $1.01
2010 - $1.48 - boosted by acquisitions

The preferred share issuance has always been there for the past 10 years, however I don't see any shares currently in use.