-
- News
- Books
Featured Books
- pcb007 Magazine
Latest Issues
Current IssueThe Growing Industry
In this issue of PCB007 Magazine, we talk with leading economic experts, advocacy specialists in Washington, D.C., and PCB company leadership to get a well-rounded picture of what’s happening in the industry today. Don’t miss it.
The Sustainability Issue
Sustainability is one of the most widely used terms in business today, especially for electronics and manufacturing but what does it mean to you? We explore the environmental, business, and economic impacts.
The Fabricator’s Guide to IPC APEX EXPO
This issue previews many of the important events taking place at this year's show and highlights some changes and opportunities. So, buckle up. We are counting down to IPC APEX EXPO 2024.
- Articles
- Columns
Search Console
- Links
- Events
||| MENU - pcb007 Magazine
CODI to Host 2020 Virtual Investor Day
December 11, 2020 | Globe NewswireEstimated reading time: 2 minutes
Compass Diversified, an owner of leading middle market businesses, will host its 2020 Virtual Investor Day, where it will discuss how CODI’s differentiated permanent capital model has positioned the Company for growth in 2020 and the Company’s anticipated outlook for 2021. The event will also include a presentation from Shawn Neville, CEO of BOA Technology (BOA), CODI’s newest subsidiary company, acquired in October 2020.
“We are excited to update the investor community on CODI’s significant progress in 2020 and our optimism for the year ahead,” said Elias Sabo, Chief Executive Officer of CODI. “CODI’s permanent capital model has enabled our team to transform our portfolio over the past three years and provided us with what we believe is a clear structural advantage in the current dislocated market. We are confident that our capital allocation strategy, active management style and diverse group of subsidiaries have positioned us to proactively execute on our growth strategy and we expect that these factors will drive meaningful shareholder value in 2021 and beyond.”
Compelling Value Proposition
In the presentation, CODI will outline the central tenants that continue to drive the Company’s performance:
- Permanent capital model allows the Company to be patient in acquiring and actively managing leading middle market businesses.
- Active management style focuses on core areas that translate into the highest value creation for shareholders.
- Management team is fully aligned with shareholders and invests alongside them.
- Diverse set of niche, market-leading companies reduces the volatility in CODI’s financial results, and the recent acquisitions of BOA and Marucci only serve to further enhance that diversification and the breadth of end markets served, as well as strengthen CODI’s overall growth prospects.
Presentation from Newest Subsidiary – BOA Technology
Over the past nearly two decades, the BOA Fit System has become the global leader in performance fit solutions integrated into market-leading, well-known premium brand partner products. At today’s event, BOA CEO, Shawn Neville, will provide an overview of BOA’s:
- History and expansion into new categories;
- Competitive advantages including diverse intellectual property portfolio;
- Large and growing addressable consumer market; and
- Focus on being a good corporate citizen and doing good for its communities and the environment.
Continued Strong Financial Performance
In the presentation, CODI will also discuss the Company’s strong financial position, including:
- How CODI’s strong balance sheet positioned the Company to execute on the compelling acquisitions of Marucci Sports and BOA in 2020;
- CODI’s leverage ratio history and optimum leverage level for the business;
- Efforts to drive CODI’s cost of capital lower;
- 2020 financial performance substantially exceeding expectations; and
- Providing an update on guidance, including that CODI expects to be at the higher end of the previously disclosed guidance for 2020.
Suggested Items
Amphenol Reports Q1 2024 Results, Announces New Stock Repurchase Program
04/26/2024 | BUSINESS WIREAmphenol Corporation reported first quarter 2024 results. In addition, the Company is announcing a new three-year, $2 billion stock repurchase program.
Chinese Smartphone Market Maintains its Recovery Momentum at 6.5% Growth in 1Q24,
04/26/2024 | IDCAccording to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, China smartphone shipments grew 6.5% year over year (YoY) to 69.3 million units in 1Q24.
Nanotechnology Market to Surpass $53.51 Billion by 2031
04/25/2024 | PRNewswireSkyQuest projects that the nanotechnology market will attain a value of USD 53.51 billion by 2031, with a CAGR of 36.4% over the forecast period (2024-2031).
Technica USA Presents Inaugural Supplier Alliance Award at IPC APEX EXPO 2024
04/24/2024 | Technica USADuring IPC APEX EXPO 2024, Technica USA took the opportunity to thank all of their supply partners that made the effort to join them for the exhibition in their booth, as well to all of our SMT partners that had their own booths, with the latest in automation and process technology.
IDTechEx Report Unveils 3D Electronics Status and Opportunities
04/22/2024 | PRNewswire3D electronics is an emerging manufacturing approach that enables electronics to be integrated within or onto the surface of objects. 3D electronic manufacturing techniques empower new features, including mass customizability, greater integration, and improved sustainability in the electronics industry.