Finally, the combination of solid margin improvement and our asset light business model is driving huge cash flow, up significantly from last year. The strong cash flow has reduced our net leverage down to 1.6x pro forma EBITDA, giving us ample financial flexibility to fund our future growth.With that overview, I'll turn it over to Andy to go through some specifics for the quarter and then I'll come back and go into a couple of other topics in detail. Andy?
Actuant's CEO Discusses Q2 2012 Results - Earnings Call Transcript
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.