PPT Slide
Dover Industries Trend Analysis: 2000 to 2001
70% of earnings decline due to:
- Heil Environmental
- Record results in 1999 and 2000. In 2001, sales declines lead to margins in historical mid-teens. Industry dominated by large haulers and, is “cyclical” and “lumpy”
- Triton:
- 2001 earnings decline due to industry disruption, product introduction “challenges”, cost pressures, adaptation to slower growth
- Tipper Tie – recovery in 2001 from “mad cow” disease scare
Rest of Segment: weaker markets, some margin pressure in aggregate