Smallcaps Finds Out if Acme United Record 2014 Results Can Be Sustained
Although Acme United (ACU – $19.04) only recently announced record sales and earnings for 2014, investors are already eagerly looking forward to find out if that momentum can be sustained. So we sat down with Mr. Walter C. Johnsen, Chairman and CEO of Acme, to extensively discuss the Company’s growth opportunities.
Mr. Johnsen delivers plenty of valuable information about Acme’s first aid business, that thanks to the First Aid Only acquisition, contributed about 35% of the Company’s total revenues in 2014. He discusses the cost savings achieved by combining Acme’s three first aid brands and their potential.
The interview digs deeper into the Company’s other brands, such as Westcott. The CEO provides us with information on the iPoint electric pencil sharpener’s phenomenal success and adds which other school and office have recently been launched.
In addition, Mr. Johnsen describes the road ahead for Camillus Knives, and he touches upon the expected success of the Cuda fishing tools.
After acquiring companies such as Pac-Kit, C-Thru Ruler and First Aid Only the past few years, investors find out if there are more acquisition opportunities in the market and what exactly Acme is looking for.
Finally, Mr. Johnsen also shares his 2015 outlook for the Company’s three business segments: the United States (including Asia), Canada and Europe.
Access our interview by clicking the play button on the media player below, or download our convenient transcript.
Access our interview by clicking the play button on the media player below,
or download our convenient transcript.
|Smallcaps.us Advice: Buy
|Price Target: $54.84
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