Rayovac 2005 Annual Report Download - page 2

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A Brand New
100-Year-Old Company
What’s in a name? We think there’s plenty. Which is why we adopted a new identity in fi scal
2005 – Spectrum Brands, Inc. We view the adoption of our new name as a landmark event
that recognizes our transformation from a U.S.-focused consumer battery company to a global,
diversifi ed consumer products enterprise.
We are a global leader in consumer batteries and portable lighting, specialty pet
supplies, lawn and garden products, shaving and grooming, personal care products and house-
hold insect control. Our products can be found in more than 120 countries and 1.5 million
stores, including those of the world’s top 25 retailers.
Spectrum Brands generates approximately $2.8 billion in annualized revenues and
employs 9,800 employees worldwide. Headquartered in Atlanta, Georgia, the company’s stock
trades on the New York Stock Exchange (NYSE) under the symbol “SPC.
Contents
To Our Fellow Shareholders 2 • Brand New Opportunity 6 • Brand New Portfolio 8
Brand New Growth 10 • Brand New Relationships 12 • Brand New Effi ciencies 14
Board of Directors and Executive Offi cers 16 • Reconciliation to Generally Accepted Accounting
Principles (GAAP) 17 • 10-K 18 • Corporate and Shareholder Information Inside Back Cover