Corporate and Financial
Brunswick CFO Presenting at Banc of America Securities 2005 Consumer Conference; Webcast Live March 15
LAKE FOREST, Ill., March 14 /PRNewswire-FirstCall/ -- Brunswick
Corporation (NYSE: BC) Senior Vice President and Chief Financial Officer Peter
G. Leemputte will encapsulate the company's strategy and reconfirm its
earnings estimates for 2005 while speaking at the Banc of America Securities
2005 Consumer Conference on March 15, in New York City.
In his presentation, Leemputte 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. Leemputte 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."
Leemputte 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. Leemputte will state 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.
Leemputte's presentation will be Webcast live beginning at approximately
2:30 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 Banc of America's Web
site at http://www.veracast.com/webcasts/bas/consumer-2005/id83108321.cfm .
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
CONTACT: Dan Kubera, Director - Public and Financial Relations of
Brunswick Corporation, 1-847-735-4617
Web site: http://www.brunswick.com
http://www.veracast.com/webcasts/bas/consumer-2005/id83108321.cfm
