July 23, 2017 5:14 AM ET

Electrical Equipment

Company Overview of Atkore International Group Inc.

Company Overview

Atkore International Group Inc. manufactures and distributes electrical raceway products in the United States and internationally. The company’s electrical raceway products include metal, polyvinyl chloride, and flexible electrical conduit and fittings; armored cable and fittings; and cable tray and cable ladders for the non-residential construction and renovation markets. It also offers mechanical products and solutions comprising metal framing and fittings, mechanical pipes, flexible sprinkler drops, and barbed tapes, as well as construction services for the construction and industrial markets. The company offers its products under the Allied Tube & Conduit, AFC Cable Systems, Heritage Pla...

16100 South Lathrop Avenue

Harvey, IL 60426

United States

Founded in 1959

2,784 Employees

Phone:

708-339-1610

Fax:

708-339-2726

Key Executives for Atkore International Group Inc.

Chief Executive Officer, President and Director
Age: 56
Total Annual Compensation: $736.7K
Chief Financial Officer, Chief Accounting Officer and Vice President
Age: 62
Total Annual Compensation: $447.3K
Vice President and President of Conduit & Fittings
Age: 53
Total Annual Compensation: $421.0K
Vice President and President of Mechanical Products & Solutions
Age: 50
Total Annual Compensation: $421.0K
Vice President and President of Cable Solutions
Age: 55
Total Annual Compensation: $330.4K
Compensation as of Fiscal Year 2016.

Atkore International Group Inc. Key Developments

Atkore International Group Inc. Presents at Citi Research 2017 Industrials Conference, Jun-13-2017 11:00 AM

Atkore International Group Inc. Presents at Citi Research 2017 Industrials Conference, Jun-13-2017 11:00 AM. Venue: The Ritz-Carlton, 10 Avery Street, Boston, Massachusetts, United States. Speakers: James A. Mallak, Chief Financial Officer, Chief Accounting Officer and Vice President, Mike Schulte, President - Mechanical Products & Solutions Segment.

Atkore International Group Inc. Reports Consolidated Earnings Results for the Second Quarter and Six Months Ended March 31, 2017; Provides Earnings Guidance for the Year 2017

Atkore International Group Inc. reported consolidated earnings results for the second quarter and six months ended March 31, 2017. For the quarter, the company reported net sales of $372,791,000 compared to $353,046,000 for the prior-year period. Operating income was $30,767 as compared to $31,659,000 for the prior-year period. Income before income taxes was $31,310,000 as compared to $22,753,000 for the prior-year period. Net income was $18,935,000 compared to $14,007,000 for the prior-year period. Diluted earnings per share were $0.28 compared to $0.22 in the prior-year period. Adjusted EBITDA was $56,122,000 compared to $58,361,000 a year ago. Adjusted net income was $23,235,000 or $0.35 per diluted share compared to $19,090,000 or $0.31 per diluted share a year ago. For the six months, the company reported net sales of $710,382,000 compared to $711,421,000 for the prior-year period. Operating income was $73,291,000 as compared to $54,710,000 for the prior-year period. Income before income taxes was $22.9 million as compared to $13.2 million for the prior-year period. Income before income taxes was $54,199,000 as compared to $35,923,000 for the prior-year period. Net income increased $8.8 million to $17.4 million as compared to $8.6 million for the prior-year period. Net income was $36,317,000 compared to $22,579,000 for the prior-year period. Basic and diluted earnings per share were $0.28 and $0.26, respectively compared to $0.14 and $0.14 in the prior-year period. Diluted earnings per share were $0.55 compared to $0.36 in the prior-year period. Net cash provided by operating activities was $25,097,000 as compared to $82,157,000 for the prior-year period. Capital expenditures were $8,374,000 as compared to $9,014,000 for the prior-year period. Adjusted net income was $41,642,000 or $0.63 per diluted share compared to $33,593,000 or $0.54 per diluted share a year ago. Net debt was $414,756,000 compared to $430,034,000 a year ago. The company is tightening its Adjusted EBITDA guidance range to $235.0 million - $245.0 million for 2017 and its Adjusted EPS guidance range to $1.55 - $1.65 primarily due to continued softness in the non-residential construction markets. The company now expects CapEx to be in the range of $25 million to $28 million for the year.

Atkore International Group Inc. to Report Q2, 2017 Results on May 09, 2017

Atkore International Group Inc. announced that they will report Q2, 2017 results at 9:00 AM, Eastern Standard Time on May 09, 2017

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