Rayovac 2012 Annual Report Download - page 2

Operating Income ($ in millions)
Market Capitalization ($ in millions at fiscal year-end)
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Headquartered in Madison, Wisconsin, we are a leading worldwide supplier of consumer batteries; shaving, grooming and personal care products;
small household appliances; specialty pet supplies; and lawn and garden, home pest control, and personal insect repellent products. Our products
are well-known, widely trusted, sold by the world’s top 25 retailers, and available in more than one million stores in approximately 140 countries.
Our brands are largely non-discretionary, non-premium priced, replacement packaged goods used by consumers on a daily basis. Our reporting
segments are Global Batteries & Appliances (Personal Care and Home Appliances); Global Pet Supplies; and Home and Garden.
In early fiscal 2013, we acquired the Hardware & Home Improvement Group (HHI) from Stanley Black & Decker, adding a fourth reporting
segment with leading North American brands in residential locksets, residential builders’ hardware and faucets. On a pro forma basis with the
addition of HHI, our Company has annual net sales of more than $4 billion and approximately 12,500 employees in 55 countries.
Net Sales ($ in millions)
Adjusted EBITDA ($ in millions) / (% = margin)
FY2012: :FY2012
FY2012: 14.9% : F Y2012
*Pro Forma
$3,252 $302
$485 $2,060
$3,187 $228
$3,111 $169
FY2011: :FY2011
FY2011: 14.3% : F Y2011
*FY2010: :FY2010
*FY2010: 13.9% : F Y2010
PERSONAL CARE
Remington® is “How the World Gets
Ready.” A leading global provider of
men’s and women’s grooming and styling
products, Remington® is an innovator
of affordable hair care appliances,
hair accessories, electric shavers, and
body groomers and trimmers. In North
America, Remington® is the leader in
women’s electric hair removal and the
fastest-growing major hair care brand.
Across Europe, Remington® is one of the
top two hair care brands. Remington® is
a leader in the huge market for aesthetic
dermatology products and hair removal.
HOME APPLIANCES
Our Russell Hobbs® business has leading
positions in six kitchen/home appliance
categories, including indoor grills, irons,
toaster ovens, toasters, citrus juicers and
breadmakers. Its well-known brands include
George Foreman®, Black & Decker®,
Farberware®, Breadman®, Juiceman® and,
in Europe, Russell Hobbs®. Our products
appeal to consumer trends for healthy
eating and stay-at-home cooking. Russell
Hobbs® is a market leader in North America
and Western Europe, primarily the U.K.,
and Australia, with growing positions in
Eastern Europe and Latin America.
GLOBAL BATTERIES
Our battery products span the globe,
from North America to Europe to Latin
America. We are the top one, two or
three supplier in each major region. In
Europe, premium-positioned VARTA®
is the second largest alkaline battery
brand. In North America, Rayovac® is the
number-three brand with a well-defined
value proposition and growing market
share, and throughout Latin America, the
Rayovac® brand is the battery market
share leader. Our portfolio features
a wide variety of high-performance
consumer batteries and lighting products.
GLOBAL PET SUPPLIES
Our United Pet Group is the leading manufacturer of consumer
products for pet supply markets globally. In aquatics, Tetra® is the
premium brand name with products including fish food and water
treatments, aquariums, filters, heaters, pumps and other supplies.
Our companion pet products include treats, clean-up and training
aid products, health and grooming aids, and bedding marketed
under brands such as 8-in-1®, Dingo®, FURminator® and Nature’s
Miracle®. Our trusted products have broad distribution throughout
North America, Europe and Japan.
HOME AND GARDEN
Cutter®, Repel®, Hot Shot®, Black Flag®, Garden Safe® and
Spectracide® are among highly recognized brands in our United
Industries’ Home and Garden product portfolio. They include home,
lawn and garden insect and weed control products, personal and
area mosquito repellents, and bed bug control products in North
American markets with high barriers to entry. Retail distribution
includes home improvement centers, mass merchandisers,
hardware stores, grocery stores and drug stores. Our products are
typically the superior value brand with a number-two position.
$457 $1,234
$432 $1,387