Corporate and Financial
Brunswick CEO to Speak Today at Smith Barney Leisure Day Conference
LAKE FOREST, Ill., Feb. 17 /PRNewswire-FirstCall/ -- Brunswick Corporation
(NYSE: BC) Chairman and Chief Executive Officer George W. Buckley will today
encapsulate the company's strategy and reconfirm its earnings estimates for
2005 while speaking at the Citigroup/Smith Barney Leisure Day in New York
City.
Buckley is scheduled to speak at 12 noon EST, and though the event will
not be Webcast, Smith Barney is providing a continuous conference call for the
event. The call can be accessed at 800-229-0281, with the pass code being
2049729.
Buckley will point to Brunswick's accomplishments and plans, along with
favorable market and demographic data, to reconfirm Brunswick's previously
announced earnings estimates for the year of $3.15 to $3.30 per share for
2005, up from the $2.77 EPS reported for 2004. Buckley states that the
company bases its estimate on the assumption that the marine industry will be
up 5 to 6 percent at retail, which will drive Brunswick's organic sales growth
to be up between 11 to 12 percent for 2005, with operating margin improvement
of between 70 to 100 basis points.
About Brunswick
Headquartered in Lake Forest, Ill., Brunswick Corporation endeavors to
instill "Genuine Ingenuity"(TM) in all its leading consumer brands, including
Mercury and Mariner outboard engines; Mercury MerCruiser sterndrives and
inboard engines; MotorGuide trolling motors; Teignbridge propellers; MotoTron
electronic controls; Northstar marine electronics; Navman marine and GPS-based
products; IDS dealer management systems; Sea Ray, Bayliner, Maxum, Hatteras,
Meridian, Sealine, Bermuda, Ornvik, Quicksilver, Savage and Uttern pleasure
boats; Baja high-performance boats; Arvor, Boston Whaler, Palmetto, Sea Boss,
Sea Pro and Trophy offshore fishing boats; Crestliner, Lowe, Lund and
Princecraft aluminum fishing, deck and pontoon boats; Attwood marine parts and
accessories; Land 'N' Sea marine parts and accessories distributor; Life
Fitness, Hammer Strength and ParaBody fitness equipment; Brunswick bowling
centers, equipment and consumer products; Brunswick billiards tables; and
Valley-Dynamo pool, Air Hockey and foosball tables. For more information,
visit http://www.brunswick.com .
SOURCE Brunswick Corporation
CONTACT: Dan Kubera, Director - Public and Financial Relations of
Brunswick Corporation, 1-847-735-4617
Web site: http://www.brunswick.com
