Foamex International Inc. Business report FY2007

Business Highlights

Financial overview

in million dollars FY2007 FY2006 Rate of change Factors
Sales 1,169.4 1,286.9 (9.1%) -
Operating income 30.1 118.4 (74.6%) -
Automotive Products Segment
Sales 516.4 429.7 20.2% The increase in sales was primarily generated from a new lamination contract. The increase in income was due to the net sales increase and lower per unit manufacturing costs. Income from operations was 6.4% of net sales in 2007 and 5.9% of net sales in 2006.
Operating income 32.9 25.6 28.5%

Emergence from Chapter 11 Bankruptcy
The Company emerged from bankruptcy in February 2007, after it filed voluntary petition for relief under chapter 11 of the US Bankruptcy Code in September 2005.


The Company's primary research and development facility is in Eddystone, Pennsylvania.

R&D Expenditure

USD in millions FY2007 FY2006 FY2005 FY2004 FY2003
R&D 3.6 3.2 2.3 2.8 3.6