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Last $43.00 USD
Change Today 0.00 / 0.00%
Volume 0.0
ITWG On Other Exchanges
Symbol
Exchange
OTC US
As of 8:10 PM 07/27/15 All times are local (Market data is delayed by at least 15 minutes).

international wire group hol (ITWG) Snapshot

Open
$42.50
Previous Close
$43.00
Day High
$43.00
Day Low
$42.50
52 Week High
07/27/15 - $43.00
52 Week Low
08/19/14 - $27.00
Market Cap
199.7M
Average Volume 10 Days
194.4
EPS TTM
$2.67
Shares Outstanding
4.6M
EX-Date
02/24/12
P/E TM
16.1x
Dividend
--
Dividend Yield
--
Current Stock Chart for INTERNATIONAL WIRE GROUP HOL (ITWG)

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international wire group hol (ITWG) Details

International Wire Group Holdings, Inc. manufactures and markets wire products for other wire suppliers, distributors, and original equipment manufacturers in the United States, Belgium, France, Italy, and Poland. It operates through three segments: Bare Wire, Engineered Wire Products — Europe, and High Performance Conductors. The Bare Wire segment provides bare and tin-plated copper wire products comprising single end, stranded, bunched, cabled and braided, and shielding wire products, which are used to transmit digital, video, and audio signals or conduct electricity in automotive/specialty vehicles, consumer and appliance, electronics and data communications, and industrial and energy markets. The Engineered Wire Products — Europe segment offers specialty braids, ropes, connections, wire mesh, and flexible bars products, as well as braided wire products to conduct electricity either for power or for grounding purposes for use in the aerospace, automotive/specialty vehicles, and industrial and energy markets. The High Performance Conductors segment manufactures specialty high performance conductors, which include tin, nickel, and silver plated copper and copper alloy conductors, such as high and low temperature conductors, as well as specialty film insulated conductors and micro diameter tubing products. This segment offers its products to commercial and military aerospace and defense, electronics and data communications, industrial and energy, medical device, and medical electronics markets. International Wire Group Holdings, Inc. sells its products through direct sales people and manufacturers’ representatives. The company was founded in 1995 and is headquartered in Camden, New York.

international wire group hol (ITWG) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

international wire group hol (ITWG) Key Developments

International Wire Group Holdings, Inc., Annual General Meeting, Jun 23, 2015

International Wire Group Holdings, Inc., Annual General Meeting, Jun 23, 2015.

International Wire Group Holdings, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2015

International Wire Group Holdings, Inc. reported earnings results for the first quarter ended March 31, 2015. For the quarter, the company’s net sales were $177.6 million, a decrease of $16.7 million, or 8.6%, compared to $194.3 million for the same period in 2014. Excluding the effects of lower copper prices and a lower proportion of tolled copper, net sales decreased $11.4 million, or 5.9%, versus the same period in 2014. This decrease resulted from $10.9 million of lower sales volume and $2.7 million due to the effects of unfavorable foreign currency exchange rates, partially offset by $2.2 million of higher customer pricing/mix. Total pounds of product sold in the first quarter of 2015 decreased by 5.8% compared to the first quarter of 2014. Operating income was $12.6 million compared to $14.5 million for the 2014 period, a decrease of $1.9 million, or 13.1%, primarily from lower sales volume, lower silver and non-silver metal profits and less favorable plant utilization, partially offset by higher LIFO/copper profits. Net income was $4.3 million and $5.2 million for the three months ended March 31, 2015 and 2014, respectively. The decrease was due primarily to lower operating income in the 2015 period. Net income per diluted share of $0.79 for the three months ended March 31, 2015 decreased by $0.02 from the 2014 period net income of $0.81 per basic share. The decrease in net income per diluted share resulted from lower net income, partially offset by a decrease in the number of outstanding shares and stock options in the 2015 period compared to the 2014 period due to the repurchase of common stock and stock options in the 2014 period. Net debt as at March 31, 2015 was $250.2 million.

International Wire Group Holdings, Inc. Announces Closing of $26,000,000 Senior PIK Toggle Notes Offering

International Wire Group Holdings, Inc. announced that it has closed the private offering of $26.0 million principal amount of its 10.00%/12.00% senior PIK Toggle Notes due 2020. The notes will pay interest semi-annually on April 15 and October 15, beginning on October 15, 2015. The notes are the unsecured obligation of Holdings. Holdings received $26.0 million in gross proceeds from the notes offering, which were used for share repurchases and general corporate purposes. The notes have not been and will not be registered under the securities Act of 1933, as amended or any state securities laws and may not be offered or sold in the United States or for the account or benefit of any United States citizen or in any way distributed in the United States absent registration or an applicable exemption from the registration requirements of the securities Act and applicable state securities laws. The notes were offered only to accredited investors in reliance on Regulation D under the Securities Act.

 

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ITWG

Industry Average

Valuation ITWG Industry Range
Price/Earnings 16.3x
Price/Sales 0.3x
Price/Book 19.0x
Price/Cash Flow 7.2x
TEV/Sales NM Not Meaningful
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