Kadant Inc. (N:KAI)

Sector:  Industrials Industry:  Industrial Machinery & Equipment
 
See Regulatory Filings on SEC
Company Contact
Address: 1 Technology Park Dr
WESTFORD MA 01886-3159
Tel: N/A
Website: https://www.kadant.com
IR: See website
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Key People
Jonathan W. Painter
Executive Chairman of the Board
Jeffrey L. Powell
President, Chief Executive Officer, Director
Michael J. McKenney
Executive Vice President, Chief Financial Officer
Eric T. Langevin
Chief Operating Officer, Executive Vice President
Deborah S. Selwood
Chief Accounting Officer, Vice President
Stacy D. Krause
Vice President, General Counsel, Secretary
Michael Colwell
Vice President
Peter J. Flynn
Vice President
 
Business Overview
Kadant Inc. is a supplier of equipment and components used in process industries. In addition, the Company manufactures granules made from papermaking by-products. Its segments include Papermaking Systems and Wood Processing Systems. The Company has a customer base, which includes paper and oriented strand board (OSB) manufacturers. Papermaking Systems segment is engaged in developing, manufacturing, and marketing equipment for the global papermaking and paper recycling industries. Its Papermaking Systems segment consists of product lines, including Stock-Preparation; Doctoring, Cleaning, & Filtration, and Fluid-Handling. The Company develops, manufactures and markets stranders and related equipment used in the production of OSB.
Financial Overview
For the six months ended 29 June 2019, Kadant Inc. revenues increased 15% to $348.5M. Net income before extraordinary items increased 13% to $27.2M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income was partially offset by Corporate/Fibre-based Products segment loss increase of 3% to $12.1M. Dividend per share increased from $0.44 to $0.46.
Employees: 2,500 as of Dec 29, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $1,268M as of Jun 29, 2019
Annual revenue (TTM): $678.16M as of Jun 29, 2019
EBITDA (TTM): $123.78M as of Jun 29, 2019
Net annual income (TTM): $63.51M as of Jun 29, 2019
Free cash flow (TTM): $39.51M as of Jun 29, 2019
Net Debt Last Fiscal Year: $289.74M as of Jun 29, 2019
Shares outstanding: 11,260,265 as of Jul 26, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization