KEMET Announces Dates for the 2018 Annual Stockholders’ Meeting and June 2018 Quarter Earnings Release
July 09 2018 - 8:30AM
KEMET Corporation (NYSE:KEM) will hold its 2018 Annual
Stockholders’ Meeting on July 25, 2018, at 10:30 a.m. EDT, at the
Company’s new corporate headquarters, KEMET Tower, One East Broward
Boulevard, Fort Lauderdale, Florida.
Also on July 25, 2018, the Company will release
earnings for the June 30, 2018 quarter and will hold a conference
call to discuss the earnings release at 9:00 a.m. EDT on that date.
The call will last approximately one hour.
To access the call via telephone, participants
in the United States should dial 1-800-416-8033, and participants
outside the United States should dial 1-706-643-0979.
Participants should reference "KEMET Corporation" and Conference ID
#4078546. Participants can view a
corresponding presentation from the KEMET website at www.kemet.com
by clicking on the first quarter conference call link in the
Investor Relations section of the website. The presentation
will be available immediately prior to the beginning of the
call. Following management’s comments, there will be an
opportunity for questions.
In conjunction with the conference call, there
will be a simultaneous live broadcast over the internet that can be
accessed at http://ir.kemet.com/. A replay of the conference
call will be available until midnight, August 8, 2018, through the
same link.
About KEMET
The Company's common stock is listed on the NYSE under the
ticker symbol "KEM" (NYSE:KEM). At the Investor Relations
section of our web site at http://www.kemet.com/IR, users may
subscribe to KEMET news releases and find additional information
about our Company. KEMET offers our customers the broadest
selection of capacitor technologies in the industry, along with an
expanding range of electromechanical devices, electromagnetic
compatibility solutions and supercapacitors. Our vision is to
be the preferred supplier of electronic component solutions
demanding the highest standards of quality, delivery and service.
Additional information about KEMET can be found at
http://www.kemet.com.
Cautionary Statement on Forward-Looking
Statements
Certain statements included herein contain forward-looking
statements within the meaning of federal securities laws about the
Company’s financial condition and results of operations that are
based on management’s current expectations, estimates and
projections about the markets, in which the Company operates, as
well as management’s beliefs and assumptions. Words such as
“expects,” “anticipates,” “believes,” “estimates,” variations of
such words and other similar expressions are intended to identify
such forward-looking statements. These statements are not
guarantees of future performance and involve certain risks,
uncertainties and assumptions, which are difficult to predict.
Therefore, actual outcomes and results may differ materially from
what is expressed or forecasted in, or implied by, such
forward-looking statements. Readers are cautioned not to place
undue reliance on these forward-looking statements, which reflect
management’s judgment only as of the date hereof. The Company
undertakes no obligation to update publicly any of these
forward-looking statements to reflect new information, future
events or otherwise.
Factors that may cause actual outcomes and results to differ
materially from those expressed in, or implied by, these
forward-looking statements include, but are not necessarily limited
to the following: (i) adverse economic conditions could impact our
ability to realize operating plans if the demand for our products
declines, and such conditions could adversely affect our liquidity
and ability to continue to operate and cause a write down of
long-lived assets or goodwill; (ii) an increase in the cost or a
decrease in the availability of our principal or single-sourced
purchased raw materials; (iii) changes in the competitive
environment; (iv) uncertainty of the timing of customer product
qualifications in heavily regulated industries; (v) economic,
political, or regulatory changes in the countries in which we
operate; (vi) difficulties, delays or unexpected costs in
completing the restructuring plans; (vii) acquisitions and other
strategic transactions expose us to a variety of risks; (viii)
acquisition of TOKIN may not achieve all of the anticipated
results; (ix) our business could be negatively impacted by
increased regulatory scrutiny and litigation; (x) difficulties
associated with retaining, attracting and training effective
employees and management; (xi) the need to develop innovative
products to maintain customer relationships and offset potential
price erosion in older products; (xii) exposure to claims alleging
product defects; (xiii) the impact of laws and regulations that
apply to our business, including those relating to environmental
matters and cyber security; (xiv) the impact of international laws
relating to trade, export controls and foreign corrupt practices;
(xv) changes impacting international trade and corporate tax
provisions related to the global manufacturing and sales of our
products may have an adverse effect on our financial condition and
results of operations; (xvi) volatility of financial and credit
markets affecting our access to capital; (xvii) the need to reduce
the total costs of our products to remain competitive; (xviii)
potential limitation on the use of net operating losses to offset
possible future taxable income; (xix) restrictions in our debt
agreements that could limit our flexibility in operating our
business; (xx) disruption to our information technology systems to
function properly or control unauthorized access to our systems may
cause business disruptions; (xxi) economic and demographic
experience for our pension plans and other post-retirement benefit
plans could be less favorable than our assumptions; (xxii)
fluctuation in distributor sales could adversely affect our results
of operations; (xxiii) earthquakes and other natural disasters
could disrupt our operations and have a material adverse effect on
our financial condition and results of operations; and (xxiv)
volatility in our stock price.
Contact:
William M. Lowe, Jr.Executive Vice President and Chief Financial
Officerwilliamlowe@KEMET.com864-963-6484
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