Strattec Security Corporation Business Report FY ended Jun. 2012

Business Highlights

Financial Overview

(in million USD)
  FY ended Jul.
1, 2012
FY ended Jul.
3, 2011
Rate of Change (%) Factors
Sales 279.2 260.9 7.0 -Sales increased due to the overall increase in the production and sale of new vehicles; and the wider portfolio of products.
Operating income 16.3 8.7 87.4 -
Net income 8.8 5.4 63.0 -


<Model year 2013>

Cars and car based utility vehicles
Aston Martin DB9 Chevrolet Corvette Ford Mustang
Aston Martin One-77 Chevrolet Cruze Ford Taurus
Aston Martin Rapide Chevrolet Equinox GMC Acadia
Aston Martin Vanquish Chevrolet Impala GMC Terrain
Aston Martin V8 Vantage Chevrolet Malibu Holden Commodore
Aston Martin V12 Vantage Chevrolet Orlando Hyundai Veracruz
Aston Martin Virage Coupe Chevrolet Sonic Jeep Compass
Aston Martin Volante Chevrolet Traverse Jeep Patriot
Buick Alpheon Chevrolet Volt Lancia Flavia
Buick Anthem Chrysler 200 Lancia Thema
Buick Enclave Chrysler 300 Lincoln MKS
Buick Encore GM Korea Gentra Lincoln MKT
Buick Excelle Dodge Avenger Lincoln MKX
Buick Gentra Dodge Challenger Lincoln MKZ
Buick LaCrosse Dodge Charger Opel Ampera
Buick Regal Dodge Dart Opel Antara
Buick Verano Dodge Journey Opel Astra
Cadillac ATS Fiat Freemont Opel Astra Van
Cadillac CTS Fisker Karma Opel Insignia
Cadillac SRX Ford Edge Opel Meriva
Cadillac XTS Ford Fiesta Opel Zafira
Chevrolet Camaro Ford Flex SRT Viper
Chevrolet Caprice Ford Forcus
Chevrolet Captiva Ford Fusion


Light Truck, vans and sport utility vehicles
Cadillac Escalade Dodge Durango Honda Pilot
Cadillac Escalade ESV Dodge Grand Caravan Jeep Grand Cherokee
Cadillac Escalade EXT Ford C-MAX Jeep Liberty
Chevrolet Avalanche Ford Escape Jeep Wrangler/Wrangler Unlimited
Chevrolet Colorado Ford Expedition Kia Sedona
Chevrolet Express Van Ford Explore Lancia Grand Voyager
Chevrolet Silverado Pickup Ford F-Series Pickup Lincoln Mark LT
Chevrolet Suburban Ford F-Series Super Duty Pickup Lincoln Navigator
Chevrolet Tahoe GMC Canyon Nissan Titan
Chevrolet Trail Blazer GMC Savana Ram 1500/2500/3500 Pickup
Chevrolet Trax GMC Sierra Pickup Volkswagen Routan
Chrysler Town & Country GMC Yukon and Yukon XL VPG MV-1

<Ignition lock housing assemblies>

Model Year Model
2013 Ford Escape (North America)
2013 Chevrolet Malibu (North America)
2012 Ford Focus (North America)
2012 Buick LaCrosse (North America)
2012 Buick Regal (North America)
2012 Cadillac SRX (North America)
2012 Chevrolet Cruze (North America)
2012 Chevrolet Equinox (North America)
2012 GMC Terrain (North America)
2012 Opel Ampera (North America)


R&D Expenditure

(in million USD)
  FY ended Jul. 1,
FY ended Jul. 3,
FY ended Jun. 27, 2010
Overall 1.2 1.5 0.9


R&D Structure

-Research and development activities are centered around research engineering staff called "Advanced Development Group". Projects focus on electronic and mechanical access control products, modularization of related access/security control components.

Investment Activities

Capital Expenditure

(in million USD)
  FY ended Jul. 1,
FY ended Jul. 3,
FY ended Jun. 27, 2010
Overall 13.6 9.5 6.9

-In FY ended July 1, 2012, the Company invested in new product programs and the upgrade and replacement of existing equipment.

-The Company anticipates capital expenditures will be approximately $9 million in FY ending June 30, 2013.