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
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
Senior Vice President, Chief Accounting Officer
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 components and engineered systems used in process industries. The Company operates through three segments: Flow Control, Industrial Processing, and Material Handling. The Flow Control segment consists of the Company's fluid-handling and doctoring, cleaning, & filtration product lines. The Industrial Processing segment consists of its wood processing and stock-preparation product lines. The Material Handling segment consists of the Company's conveying and screening, baling, and fiber-based product lines. Its products include Octopus stock approach system, vacuum control systems, wear surfaces, direct steam injection heaters, chip screening, disposable knife system, PAAL Konti automatic channel baler, PAAL Pacomat channel baling presses, PAAL S1W automatic baler, Heli-Disc Pulper, Vortech Pulper Rotor, Hydraflow Continuous Lights Detrasher and Scavenger Detrasher.
Financial Overview
For the three months ended 28 March 2020, Kadant Inc. revenues decreased 7% to $159.1M. Net income increased 15% to $12.5M. Revenues reflect Industrial Processing segment decrease of 10% to $64.7M, Flow Control segment decrease of 7% to $57.1M, Material Handling Systems segment decrease of 2% to $37.3M, North America segment decrease of 7% to $93.8M, Europe segment decrease of 8% to $36M, Asia segment decrease of 7% to $15.9M.
Employees: 2,800 as of Dec 28, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $1,490M as of Mar 28, 2020
Annual revenue (TTM): $692.46M as of Mar 28, 2020
EBITDA (TTM): $970.34M as of Mar 28, 2020
Net annual income (TTM): $53.70M as of Mar 28, 2020
Free cash flow (TTM): $72.85M as of Mar 28, 2020
Net Debt Last Fiscal Year: $235.36M as of Mar 28, 2020
Shares outstanding: 11,469,515 as of Apr 24, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization