|
|
1/11/07
Spartan
Motors (Nasdaq - SPAR)

A world leader in the
engineering, design and manufacturing of heavy-duty custom platforms and
emergency vehicles.
Website:
www.spartanmotors.com
SPAR
Investor Highlights
- Second-quarter profit rose
95 percent, driven by strong sales of chassis for recreational vehicles
and fire trucks and new contracts for military-vehicle chassis.
- Quarterly earnings rose to
$5 million, or 38 cents per share, from $2.6 million, or 20 cents per
share during the same period last year.
- Revenue grew 22 percent to
$109.2 million, from $89.3 million.
- Has been added to the new
NASDAQ Global Select Market, which features the highest initial listing
standards of any exchange in the world based on financial and liquidity
requirements.
Overview
Spartan Motors is a world leader in the
engineering, design and manufacturing of heavy-duty custom platforms and
emergency vehicles. The strategy has been to leverage this expertise across
similar product lines. Today, the Company builds custom platforms that serve
as the foundation for a variety of heavy-duty specialty vehicles, including
premium motorhomes, fire trucks and ambulances. Spartan subsidiaries, which
comprise the Emergency Vehicle Team, or EV Team, also build custom emergency
vehicles.
This is an abbreviated profile and we
encourage readers
interested in learning more about Spartan Motors to visit the company website at
www.spartanmotors.com.
Subsidiaries
Crimson Fire
Crimson Fire designs and builds custom fire
apparatus for firefighters throughout North America. Created by the
consolidation of two of the industry’s oldest brands – Luverne and
Quality Manufacturing – the new Crimson Fire brand builds on more than 130
years of heritage with an increased commitment to quality, value, innovation
and service.
Road Rescue
Road Rescue designs and builds a complete
line of ambulance and emergency-rescue vehicles, sold through a dealer
network. For emergency-rescue personnel, the Road Rescue name means high
quality, innovation and customer care.
Spartan Motor Chassis
Spartan Motor Chassis is a world leader in
the design and production of high-performance custom chassis for Class-A
motorhomes and fire trucks. Motorhome owners, firefighters and original
equipment manufacturers recognize Spartan for its high standard of
engineering excellence, innovation and commitment to customer service.
Recent
News and Press Releases
Spartan
Motors Second Biggest Gainer Among Michigan-Listed Companies
SmarTire
to Provide Tire Pressure Monitoring Systems to Spartan Motors
Spartan
Motors Announces 3-for-2 Stock Split
Spartan
Motors to Pay Regular Dividend, Declares Special Dividend
Spartan
Motors Reports Record Third Quarter Sales & Earnings
Crimson
Fire Debuts Rapid-Response Class A Pumper
Spartan
Chassis Preparing for Tighter 2007 Emissions Regulations
Spartan
Motors 2Q Earnings Rise
Spartan
Motors Added to New NASDAQ Global Select Market
Enormous
Army Vehicles Visit Manhattan
For the latest Quote and News on
SPAR Click Here.
Three
Month Chart
Contacts
Spartan Motors
Jim Knapp
1165 Reynolds Road
Charlotte, Mich. 48813
P: 517.543.6400
jwknapp@spartanmotors.com
SEC Filings
SPAR filings with the SEC can be found here.
All Fillings are current and the Company is fully reporting.
Disclaimer
SmallCapReview.com
feature stock reports are intended to be stock ideas, NOT recommendations.
Please do your own research before investing. It is crucial that you at
least look at current SEC filings and read the latest press releases.
For continuing coverage of SPAR, please sign up for our free newsletter.
Information contained in this report was extracted from current documents
filed with the SEC, the company web site and other publicly available
sources deemed reliable. For more information see our disclaimer section, a
link of which can be found on our web site. This document contains
forward-looking statements, particularly as related to the business plans of
the Company, within the meaning of Section 27A of the Securities Act of 1933
and Sections 21E of the Securities Exchange Act of 1934, and are subject to
the safe harbor created by these sections. Actual results may differ
materially from the Company's expectations and estimates. The information
provided in this report is not intended for distribution to, or use by, any
person or entity in any jurisdiction or country where such distribution or
use would be contrary to law or regulation or which would subject us to any
registration requirement within such jurisdiction or country.
Copyright
SmallCapReview.com. All rights reserved. SmallCapReview.com is not a
Registered Broker/Dealer or Financial Advisor, nor do we hold ourselves out
to be. All materials presented on our web site and individual reports
released to the public through this web site, e-mail or any other means of
transmission are not to be regarded as investment advice and are only
for informative purposes. Before making a purchase or sale of any securities featured
on our web site or mentioned in our reports, we strongly encourage and
recommend consultation with a registered securities representative.
This is not to be construed as a solicitation or recommendation to buy or
sell securities. As with any stock, companies we select to profile involve a
degree of investment risk and volatility. Particularly Small-Caps and OTC-BB
stocks. All investors are cautioned that they may lose all or a portion of
their investment if they decide to make a purchase in any of our profiled
companies. Past performance of our profiled stocks is not indicative of
future results. The accuracy or completeness of the information on our web
site or within our reports is only as reliable as the sources they were
obtained from. The profile and opinions expressed herein are expressed
as of the date the profile is posted on site and are subject to change
without notice. No investor should assume that reliance on the views,
opinions or recommendations contained herein will produce profitable
results. SmallCapReview.com may hold
positions in securities mentioned herein, and may make purchases or sales in
such securities featured on our web site or within our reports. In order to
be in full compliance with the Securities Act of 1933, Section 17(b),
SmallCapReview.com will disclose in it's disclaimer, what, if any
compensation was received for our efforts in researching, presenting
and disseminating this information to our subscriber database and featuring
the report on the SmallCapReview.com web site.
SmallCapReview.com has not been compensated for its
efforts in presenting the Spartan Motors profile on its website
and distributing it to its database of subscribers. SmallCapReview.com may decide to purchase or sell shares on a voluntary
basis in the open market before, during or after the profiling period of
this report. Information presented on our web site and within our reports
contain "forward looking statements" within the meaning of Section
27A of the Securities Act of 1933 and Section 21E
of the Securities Exchange Act of 1934. Any statements that express or
involve discussions with respect to predictions, expectations, beliefs,
plans, projections, objectives, goals, assumptions or future events or
performance are not statements of historical fact and may be "forward
looking statements." Forward looking statements are based on
expectations, estimates and projections at the time the statements are made
that involve a number of risks and uncertainties which could cause actual
results or events to differ materially from those presently anticipated.
Forward looking statements in this action may be identified through the use
of words such as “expects’”, “will,” “anticipates,”
“estimates, “believes,” or that by statements indicating certain
actions “may,” “could,” or “might” occur.
THE
READER SHOULD VERIFY ALL CLAIMS AND DO THEIR OWN DUE DILIGENCE BEFORE
INVESTING IN ANY SECURITIES MENTIONED. INVESTING IN SMALL CAP
SECURITIES IS SPECULATIVE AND CARRIES A HIGH DEGREE OF RISK.
We
encourage our readers to invest carefully and read the investor information
available at the web sites of the Securities and Exchange Commission (SEC)
at: http://www.sec.gov
and/or the National Association of Securities Dealers (NASD) at: http://www.nasd.com
. Readers can review all public filings by companies at the SEC's EDGAR
page. The NASD has published information on how to invest carefully at its
web site.
|