September 26, 2016 4:39 AM ET

Trading Companies and Distributors

Company Overview of BakerCorp International, Inc.

Company Overview

BakerCorp International, Inc. provides liquid and solid containment solutions in the United States, Canada, France, Germany, the Netherlands, and the United Kingdom. It rents steel and polyethylene temporary storage tanks, roll-off containers, pumps, filtration, pipes, hoses and fittings, shoring, and related products. The company has liquid and solid containment rental fleet of approximately 24,500 units. The company’s tank and roll-off container are used for the storage of water, chemicals, waste streams, and solid waste; pumps are used for pumping groundwater, municipal waste, and other fluids; and filtration products are used for the separation of various solids from liquid. It serves cu...

7800 North Dallas Parkway

Suite 500

Plano, TX 75024

United States

Founded in 1942

892 Employees

Phone:

888-882-4895

Key Executives for BakerCorp International, Inc.

Chief Executive Officer, President and Director
Age: 47
Chief Financial Officer and Chief Operating Officer
Age: 45
Vice President and General Counsel
Age: 47
Managing Director of Europe and Vice President
Chief Information Officer
Age: 59
Compensation as of Fiscal Year 2016.

BakerCorp International, Inc. Key Developments

BakerCorp International, Inc. Reports Earnings Results for the Quarter and Six Months Ended July 31, 2016; Provides Earnings Guidance for the Year 2017

BakerCorp International, Inc. reported earnings results for the quarter and six months ended July 31, 2016. For second quarter, revenue was $63.2 million, which was $15 million or 19.2% below the same quarter in the prior year. Operating expenses, included an adjusted EBITDA, decreased $6.8 million or 13% and were $45.2 million for the second quarter compared to $52 million for the second quarter of the prior year. Adjusted EBITDA was $18 million, which was below prior year by $8.2 million or 31.3%. For six months ended July 31, 2016, revenue was $128.2 million, which was 28.7% or 18.3% below the same period in the prior year. Operating expenses were $93.7 million, which was $15.9 million or 14.5% below the same period in the prior year. The decrease during the quarter and for the first 6 months of the fiscal year include continued efforts around cost initiatives, as well as operation excellence initiatives. Adjusted EBITDA was $34.5 million, which was below prior year by $12.8 million or 27%. Capital expenses were $24.7 million, and in line with the company expectations For the year 2017, the company is targeting revenue and EBITDA to be down between 15% and 20% on a year-over-year basis, capital spend to be around $28 million to $30 million, while maintaining strong cash position.

BakerCorp International, Inc., Q2 2017 Earnings Call, Sep 16, 2016

BakerCorp International, Inc., Q2 2017 Earnings Call, Sep 16, 2016

Bakercorp International, Inc. Announces Earnings Results for the First Quarter Ended April 30, 2016; Provides Capital Expenditure Guidance for the Fiscal Year 2017

BakerCorp International, Inc. announced earnings results for the first quarter ended April 30, 2016. For the quarter, the company reported adjusted EBITDA was $16.5 million, which was below prior year by $4.6 million or 21.9%. CapEx spend was $21.1 million. The company expect full year 2016 capital spend to be slightly higher than prior year while still maintaining objective to continue to grow cash.

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