Compass Diversified Announces Fourth Quarter 2020 Earnings and Conference Call Information
February 10 2021 - 4:15PM
Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an
owner of leading middle market businesses, announced today that it
plans to release financial results for the fourth quarter ended
December 31, 2020, on Wednesday, February 24, 2021, after the close
of market trading. The Company has scheduled a conference call to
discuss the results on Wednesday, February, 24 2021 at 5:00 p.m.
ET.
The conference call will feature remarks by
Elias J. Sabo, Chief Executive Officer, Ryan J. Faulkingham, Chief
Financial Officer, David Swanson, Partner of Compass Group
Management LLC (“CGM”), and Pat Maciariello, Partner and Chief
Operating Officer of CGM. To participate in the call, please dial
(833) 900-1532 (domestic) or (236) 712-2273 (international). The
passcode is 1291438. Please dial into the call at least five
minutes before the scheduled start time.
The conference call will also be available via a
live listen-only webcast and can be accessed through the Investor
Relations section of CODI's website,
https://www.compassdiversified.com/. Please allow extra time prior
to the call to visit the site and download any necessary software
that may be needed to listen to the Internet broadcast.
For interested individuals unable to join the
live conference call, a replay of the call will be available
through March 3, 2021 at (800) 585-8367 (domestic) or (416)
621-4642 (international). The passcode for the call and replay is
4209368. An online archive of the webcast will be available on the
Company’s website for 30 days following the call.
About Compass Diversified (“CODI”)
CODI owns and manages a diverse set of highly defensible North
American middle market businesses. Each of its current subsidiaries
is a leader in its niche market. For more information, visit
compassdiversified.com.
Leveraging its permanent capital base, long-term disciplined
approach and actionable expertise, CODI maintains controlling
ownership interests in each of its subsidiaries, maximizing its
ability to impact long-term cash flow generation and value
creation. The Company provides both debt and equity capital for its
subsidiaries, contributing to their financial and operating
flexibility. CODI utilizes the cash flows generated by its
subsidiaries to invest in the long-term growth of the Company and
has consistently generated strong returns through its culture of
transparency, alignment and accountability.
Our ten majority-owned subsidiaries are engaged in the following
lines of business:
- The design and marketing of
purpose-built technical apparel and gear serving a wide range of
global customers (5.11);
- The manufacture of quick-turn,
small-run and production rigid printed circuit boards
(Advanced Circuits);
- The design and manufacture of
custom packaging, insulation and componentry (Altor
Solutions);
- The manufacture of engineered
magnetic solutions for a wide range of specialty applications and
end-markets (Arnold Magnetic Technologies);
- The design and marketing of
dial-based closure systems that deliver performance fit across
footwear, headwear and medical bracing products (BOA
Technology);
- The design and marketing of
wearable baby carriers, strollers and related products
(Ergobaby);
- The design and manufacture of
premium home and gun safes (Liberty Safe);
- The design and manufacture of
baseball and softball equipment and apparel (Marucci
Sports);
- The manufacture and marketing of
portable food warming systems used in the foodservice industry,
creative indoor and outdoor lighting, and home fragrance solutions
for the consumer markets (Sterno); and
- The design, manufacture and
marketing of airguns, archery products, optics and related
accessories (Velocity Outdoor).
Forward Looking Statements
Certain statements in this press release may be
deemed forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. We may use words such as
“plans,” “anticipate,” “believe,” “expect,” “intend,” “will,”
“should,” “may,” “seek,” “look,” and similar expressions to
identify forward-looking statements. The forward-looking statements
contained in this press release involve risks and uncertainties.
Actual results could differ materially from those implied or
expressed in the forward-looking statements for any reason,
including the factors set forth in “Risk Factors” and elsewhere in
CODI’s annual report on Form 10-K and its quarterly reports on Form
10-Q. Other factors that could cause actual results to differ
materially include: changes in the economy, financial markets and
political environment; risks associated with possible disruption in
CODI’s operations or the economy generally due to terrorism,
natural disasters, social, civil and political unrest or the
COVID-19 pandemic; future changes in laws or regulations (including
the interpretation of these laws and regulations by regulatory
authorities); general considerations associated with the COVID-19
pandemic and its impact on the markets in which we operate; and
other considerations that may be disclosed from time to time in
CODI’s publicly disseminated documents and filings. Undue reliance
should not be placed on such forward-looking statements as such
statements speak only as of the date on which they are made.
Although, except as required by law, CODI undertakes no obligation
to revise or update any forward-looking statements, whether as a
result of new information, future events or otherwise, you are
advised to consult any additional disclosures that CODI may make
directly to you or through reports that it in the future may file
with the SEC, including annual reports on Form 10-K, quarterly
reports on Form 10-Q and current reports on Form 8-K.
Investor Relations: The IGB Group
Leon Berman 212-477-8438 lberman@igbir.com |
Media Contact:Joele Frank, Wilkinson Brimmer Katcher Jon Keehner /
Kate Thompson 212-355-4449 |
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