SPAR

Highlights

Overview

Subsidiaries

News

Chart

Outlook

Contacts

 

   
 
   
   
   
   
Approximate Financial Snapshot as of 1/11/07
Shares Outstanding 21M
52 Wk Hi/Lo 16.57/

6.74

Market Cap $310M
Recent Price $14.77

 

 

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.

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