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 | - |
Contracts
<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
R&D Expenditure |
(in million USD) |
FY ended Jul. 1, 2012 |
FY ended Jul. 3, 2011 |
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, 2012 |
FY ended Jul. 3, 2011 |
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.