utz financial statements
", "Utz's impressive second quarter results underscore our confidence in the business and its strong future growth trajectory," commented Roger Deromedi, Co-Founder of Collier Creek and future Chairman of Utz Brands, Inc. "We continue to work closely with the Utz team and expect to close our transaction in the third quarter of 2020.". This is an excerpt of the original content. 1). Our quarterly reports give you an overview of our business activities at all times, even in the current financial year. As previously announced, Utz and Collier Creek have entered into a definitive agreement for a business combination that will introduce Utz Brands, Inc. as a NYSE-listed public company under the ticker symbol "UTZ.".
2). Includes dollar/discount. Pro Forma for divestiture of Keebler. EBITDA (as presented in the definitive proxy / prospectus) to Normalized / Projected Further Adj. SEC Filings; Investor FAQs; Investor Email Alerts. What is your outlook on investing in Utz Brands? Upgrade to remove this ad. Find out the revenue, expenses and profit or loss over the last fiscal year. Includes Conagra Snacks and Kitchen Cooked pre -acquisition contribution. The development from a small regional manufacturer of adhesives to one of the world's leading manufacturers of system products for flooring technology is impressive, because the clear focus on the core competence of flooring is unique worldwide. These forward-looking statements include, without limitation, Collier Creek's and Utz's expectations with respect to future performance and anticipated financial impacts of the proposed business combination, the satisfaction of the closing conditions to the business combination and the timing of the completion of the business combination. 2). Pro Forma for Conagra Snacks and Kitchen Cooked acquisitions. Adjusted to exclude the full year impact of brands acquired by Utz. 3). 2019 Normalized Further Adj. This communication is for informational purposes only and is neither an offer to purchase, nor a solicitation of an offer to sell, subscribe for or buy any securities or the solicitation of any vote in any jurisdiction pursuant to the business combination or otherwise, nor shall there be any sale, issuance or transfer or securities in any jurisdiction in contravention of applicable law. Note: Sales represent FY2019 invoiced sales, which represent net sales before the impact of certain trade deductions and independent DSD operator discounts. EBITDA is used by Utz management as a baseline to construct its forecast and consider annual growth projections.
2). Significant Profit-Enhancing Capex Opportunities; Strong FCF Conversion.
3).
This press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995.
This success was made possible by the consistent implementation of our strategic agenda and our group-wide growth strategy.
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