Barnes Group Inc. (N:B)

Business Focus: Industrial Machinery & Equipment

Sector:  Industrials Industry:  Industrial Machinery & Equipment
See Regulatory Filings on SEC
Company Contact
Address: 123 MAIN ST
Tel: 1-860-5837070
IR: See website
Key People
Thomas O. Barnes
Independent Chairman of the Board
Patrick J. Dempsey
President, Chief Executive Officer, Director
Christopher J. Stephens
Chief Financial Officer, Senior Vice President - Finance
Peter Allen Gutermann
Senior Vice President, General Counsel, Secretary
James C. Pelletier
Senior Vice President, General Counsel, Secretary
Dawn N. Edwards
Senior Vice President - Human Resources
Michael Andrew Beck
Senior Vice President, President - Barnes Aerospace
Stephen Geoffrey Moule
Senior Vice President, and President, Barnes Industrial
Business Overview
Barnes Group Inc. is an industrial and aerospace manufacturer and service provider, serving a range of end markets and customers. The Company's engineered products, industrial technologies, and solutions are used in applications that provide transportation, manufacturing, healthcare products and technology to the world. Its segments include Industrial and Aerospace. The Industrial segment is engaged in the manufacturing of precision parts, products and systems for applications serving a customer base in end-markets, such as transportation, industrial equipment, consumer products, packaging, electronics, medical devices and energy. The Industrial segment includes the Molding Solutions, Nitrogen Gas Products and Engineered Components business units. The Aerospace segment includes the original equipment manufacturer (OEM) business and the aftermarket business, which includes maintenance repair and overhaul services and the manufacture and delivery of aerospace aftermarket spare parts.
Financial Overview
For the fiscal year ended 31 December 2019, Barnes Group Inc. revenues decreased less than 1% to $1.49B. Net income before extraordinary items decreased 6% to $158.4M. Revenues reflect Aerospace segment increase of 10% to $552.6M, also reflect Industrial segment decrease of 6% to $938.5M. Net income was partially offset by Industrial segment income decrease of 13% to $114M. Dividend per share increased from $0.62 to $0.64.
Employees: 5,749 as of Dec 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $2,864M as of Dec 31, 2019
Annual revenue (TTM): $1,491M as of Dec 31, 2019
EBITDA (TTM): $335.51M as of Dec 31, 2019
Net annual income (TTM): $158.35M as of Dec 31, 2019
Free cash flow (TTM): $162.47M as of Dec 31, 2019
Net Debt Last Fiscal Year: $740.97M as of Dec 31, 2019
Shares outstanding: 50,763,472 as of Mar 13, 2020
Index Membership: S&P 600 Small Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization