Corporate Profile for CAVCO Industries Inc., dated Feb. 16, 1996.for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and information services See Information Systems. . These include Dow Jones Dow Jones the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202] See : Finance News/Retrieval, Bloomberg Financial Markets, Reuter Company Newsyear, Reuter Business Briefing, DataTimes, Nexis, Dialog, NewsNet, America OnLine See AOL. , CompuServe, Delphi, Individual's HeadsUp and First!, Desktop Data's NewsEdge, UMI UMI University Microfilms International UMI United States Minor Outlying Islands (ISO Country code) UMI University of Miami UMI Universal Management Infrastructure (IBM) Data Courier, NewsBank, Information Access Company, Prodigy An online information service that provides access to the Internet, e-mail and a variety of databases. Launched in 1988, Prodigy was the first consumer-oriented online service in the U.S. , Comtex, and many others. -0- Published date: Feb. 16, 1996 Company name: CAVCO Industries Inc.
Address: 1001 N. Central Ave., Eighth Floor
Phoenix, AZ 85004
Telephone No.: 602/256-6263 Chief Executive Officer: Al Ghelfi Chief Operating Officer: Brent Ghelfi Chief Financial Officer: Robert Ward
Investor Relations
Contact: Robert Ward, CAVCO Industries Inc.
Business number: 602/265-0580
or
Steve Kleeman, Western Financial Group
Business number: 805/964-9518
Public Relations
Contact: Scott Hanson, Hanson, Moser & Associates
Business number: 602/957-8881
Home number: 602/867-0850
or
Abbie S. Fink, Hanson, Moser & Associates
Business number: 602/957-8881
Home number: 602/248-4970
Trading symbol: NASDAQ:CVCO
Industry: Manufactured housing, commercial structures,
security containers
-0- Company description: Phoenix-based CAVCO CAVCO Canadian Audio Visual Certification Office Industries Inc., more than 30 years old, is the largest producer of manufactured housing Manufactured housing (also known as prefab housing) is a type of housing unit that is largely assembled in factories and then transported to sites of use. In the United States, the term "manufactured home" specifically refers to a house built entirely in a protected in Arizona and the largest manufacturer of Park Model homes in the country. Its subsidiaries also create manufactured and modular-home subdivisions, sell and lease security containers and provide healthcare management services. CAVCO's products are distributed via a dealership network throughout the West, Japan and Canada. Net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight for fiscal 1995 (Oct. 1, 1994 through Sept. 30, 1995) were $113.7 million, an improvement of 23 percent over the $92.1 million reported on an adjusted basis the prior year. Net income from continuing operations continuing operations Parts of a business that are expected to be maintained as an ongoing segment of an overall business operation. Income and losses from continuing operations are reported separately if any segments have been discontinued during the was $4.53 million, or $1.34 per share. All per-share results have been adjusted for a three-for-two stock split, effective Dec. 16, 1994. CAVCO's subsidiaries are: Sun Built Homes Inc., which designs and creates modular-and-manufactured-home subdivisions; National Security Containers Inc., which sells and leases storage containers and trailer vans; and Action Healthcare Management Services Inc., which provides healthcare-utilization review and related services. CONTACT: CAVCO Industries Inc. |
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