6955--11/29/2006--ACTUANT

related topics

{stock, price, share}

{provision, law, control}

{property, intellectual, protect}

{cost, regulation, environmental}

{debt, indebtedness, cash}

{condition, economic, financial}

{acquisition, growth, future}

{operation, international, foreign}

{competitive, industry, competition}

{personnel, key, retain}

Market demand for our products may suffer cyclical declines. Our indebtedness could harm our operating flexibility and competitive position. Our ability to service our debt obligations would be harmed if we fail to comply with the financial and other covenants in our debt agreements. Our businesses operate in highly competitive markets, so we may be forced to cut prices or incur additional costs. Our international operations pose currency and other risks. Future acquisitions may create integration challenges. We may not be able to realize the anticipated benefits from acquired companies. Environmental laws and regulations may result in additional costs. Any loss of key personnel and the inability to attract and retain qualified employees could have a material adverse impact on our operations. If our intellectual property protection is inadequate, others may be able to use our technologies and tradenames and thereby reduce our ability to compete, which could have a material adverse effect on us, our financial condition and results of operations. Our products could infringe on the intellectual property of others, which may cause us to engage in costly litigation and, if we are not successful, could cause us to pay substantial damages and prohibit us from selling our products. Large or rapid increases in the costs of raw materials or substantial decreases in their availability could adversely affect our operations. Geopolitical unrest and terrorist activities may cause the economic conditions in the U.S. or abroad to deteriorate, which could harm our business. Our ability to continue to source low cost products from regions such as China may decline. Risks Related to the Common Stock The market price for our Class A common stock may be volatile. The market price of our Class A common stock could be affected by the substantial number of shares that are eligible for future sale. Some provisions of our charter and bylaws and of Wisconsin law may prevent a change in control or adversely affect our shareholders. Any issuance of preferred stock or Class B common stock could adversely affect the holders of our Class A common stock. Persons holding our Class A common stock could have the voting power of their shares of Class A common stock on all matters significantly reduced under Wisconsin anti-takeover statutes, if the person holds in excess of 20% of the voting power in the election of directors.

Full 10-K form ▸

6955--11/29/2006--ACTUANT_CORP