Sunbeam 2008 Annual Report Download - page 3

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Corporate Strategy: Since our inception in 2001, Jarden has evolved into a world-class
consumer products company with a diverse product line and a global footprint.
Our strategic objective is to build on our solid foundation and drive future growth.
We strive to accomplish this by leveraging our brand equity and leading market
positions while continually reinvesting in the business to create innovative new
products; products that provide consumers with the experience and value they
associate with our brands. Simultaneously, we are focused on leveraging our scale to
drive continuous improvements in our operations. We are proud of our best-in-class
corporate governance infrastructure, and operational and nancial controls. We
believe the combination of these initiatives will allow us to deliver continued
long-term growth and consistent results for our shareholders.
Corporate Prole: Jarden Corporation is a leading provider of niche consumer
products. Jarden operates in three primary business segments through a number
of well recognized brands, including: Outdoor Solutions: Abu Garcia®, Berkley®,
Campingaz® and Coleman®, Fenwick®, Gulp!®, JT®, K2®, Marker®, Marmot®,
Mitchell®, Penn®, Rawlings®, Shakespeare®, Stearns®, Stren®, Trilene® and Volkl®;
Consumer Solutions: Bionaire®, Crock-Pot®, FoodSaver®, Health o meter®, Holmes®,
Mr. Coee®, Oster®, Patton®, Rival®, Seal-a-Meal®, Sunbeam®, VillaWare® and White
Mountain®; and Branded Consumables: Ball®, Bee®, Bicycle®, Crawford®, Diamond®,
Dicon®, First Alert®, Forster®, Hoyle®, Kerr®, Lehigh®, Leslie-Locke®, Loew Cornell®
and Pine Mountain®. Headquartered in Rye, N.Y., Jarden has a broad distribution
network with products sold in over 100 countries and an operating platform spanning
20 countries with over 20,000 employees.
Table of contents
2 Chairman’s Letter 6 Outdoor Solutions 8 Consumer Solutions
10 Branded Consumables 12 Process Solutions 13 Selected Financial
Data 15 Management’s Discussion & Analysis 31 Financial Statements
Consolidated 2008 Net Sales by Segment*
$5.4 billion
Consolidated 2008 Segment Earnings**
$609 million
* Segment percentages exclude
intercompany eliminations.
** Segment percentages are based on operating
segments only. For a reconciliation of Segment
Earnings to GAAP Operating Earnings please see p. 14.
Outdoor
Solutions
Consumer
Solutions
Branded
Consumables
Process
Solutions
33%
6%
15%
46% 37%
43%
14%
Outdoor
Solutions
Consumer
Solutions
Branded
Consumables
Process
Solutions
6%
1