Corporate and Financial
Brunswick CEO Presenting at Raymond James Institutional Investors Conference; Webcast Live March 8
LAKE FOREST, Ill., March 7, 2005 /PRNewswire-FirstCall via COMTEX/ -- Brunswick Corporation
(NYSE: BC) Chairman and Chief Executive Officer George W. Buckley will
encapsulate the company's strategy and reconfirm its earnings estimates for
2005 while speaking at the Raymond James & Associates Institutional Investors
Conference on March 8, in Orlando, Fla.
In his presentation, Buckley will state that Brunswick will continue to
pursue a "customer-led strategy" for growth, emphasizing innovation and
technology as well as focusing on operations excellence and financial
discipline. Buckley will add that Brunswick will blend organic growth and
select acquisitions with efforts to reduce costs and improve efficiencies to
grow both sales and earnings to further its position as "the world's pre-
eminent company in all its core business segments."
Buckley will point to Brunswick's accomplishments and plans, along with
favorable market 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 sales growth to be up between 11 to 12 percent
for 2005, with operating margin improvement of between 70 to 100 basis points.
Buckley's presentation will be Webcast live beginning at approximately
2:15 p.m. EST. The Webcast can be accessed through the Brunswick Corporation
Web site at http://www.brunswick.com .
Listeners can also access the presentation through Raymond James' Web site
at http://www.wsw.com/webcast/rjii05/bc/ ; user name: INSTITUTIONAL INVESTORS;
password: INST2005. To listen on either Web site, go to the site at least 15
minutes before the presentation to register, download and install any needed
audio software. Replays will be available on the Brunswick site.
Brunswick is the world's largest maker of pleasure boats, marine engines,
commercial fitness equipment, bowling and billiards products.
SOURCE Brunswick Corporation
Dan Kubera, Director - Public and Financial Relations of Brunswick Corporation,
1-847-735-4617
