Remainder of the year
backlog 70% higher than 2009
unusual high back half revenue
very optimistic
canada down significantly in Q2. lost opportunity for 2010 western canada
double digit growth for the year
china market, OEM, similar growth rate as first half.
minimum breakeven for the back half of the year
ebidta positive for the year...too challenging
record back half of the year more than 2008
cash balance
m&a activity
we have been actively exploring
not active in this market just some dealer consolidation
brazil best growth
china early stage...guidance system
restructuring cost
last 6 months---severance charge
building less products
Q3 Q4
some seasonality stronger Q3 than last year,
Q4 stronger than Q3, potentially best quarter in 2010
distribution channel
australia better revenue generation
still expects 50% plus gross margin
seasonality
2011---record revenue level
less reliant on north america
Tuesday, August 10, 2010
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