UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 27, 2004
Commission File Number 1-14959
BRADY CORPORATION
(Exact name of registrant as specified in its charter)
Wisconsin 39-0971239
(State of Incorporation) (IRS Employer Identification No.)
6555 West Good Hope Road
Milwaukee, Wisconsin 53223
(Address of Principal Executive Offices and Zip Code)
(414) 358-6600
(Registrant's Telephone Number)
Item 5. OTHER EVENTS AND REGULATION FD DISCLOSURE
On July 27, 2004, Brady Corporation announced that it is increasing guidance for
fiscal 2005 to $725 to $745 million in sales with net income of $56 to $59
million and earnings per diluted Class A Common Share of $2.28 to $2.40. These
estimates include the Company's acquisition of Emed Co. in the fiscal 2004
fourth quarter.
The Company expects Emed will add about $55 million in sales with accretion of
between $0.25 and $0.30 per share in fiscal 2005. In addition, in Fiscal 2004
Emed is expected to contribute approximately an additional $10 million to the
Company's previous top line guidance of $645 to $655 million. The Company
continues to estimate net income of $47 to $49 million for Fiscal 2004.
Further information is included in Brady's press release filed as Exhibit 99 to
this report and incorporated herein by reference.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
BRADY CORPORATION
Date: July 29, 2004 /s/ David Mathieson
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David Mathieson
Vice President &
Chief Financial Officer
EXHIBIT INDEX
EXHIBIT
NUMBER DESCRIPTION
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99 Press Release of Brady Corporation dated July 27, 2004.