Item 2.02 Results of Operations and Financial Condition.
The Company's supplemental presentation materials, dated
The Company will discuss its preliminary, unaudited financial results during a
webcast and teleconference to be held on
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
99.1 Press release, datedApril 28, 2021 , regarding the Company's preliminary, unaudited first quarter 2021 financial results. 99.2 Supplemental presentation materials, datedApril 28, 2021 , regarding the Company's preliminary, unaudited financial review and analysis for first quarter 2021.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of
1995
Certain statements contained in this report on Form 8-K and in Exhibits 99.1 and 99.2 are forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements, and financial or other business targets, are subject to certain risks and uncertainties. The Company believes that the most significant risk factors that could affect its financial performance in the near-term include: (i) the impacts to underlying demand for the Company's products and/or foreign currency fluctuations from global economic conditions, political uncertainty, changes in environmental standards and governmental regulations, including as a result of the coronavirus/COVID-19 pandemic; (ii) competitors' actions, including pricing, expansion in key markets, and product offerings; (iii) the degree to which higher costs can be offset with productivity measures and/or passed on to customers through price increases, without a significant loss of volume; and (iv) the execution and integration of acquisitions.
Actual results and trends may differ materially from historical or anticipated results depending on a variety of factors, including but are not limited to, risks and uncertainties relating to the following:
• COVID-19 • International Operations - worldwide and local economic and market conditions; changes in political conditions; and fluctuations in foreign currency exchange rates and other risks associated with foreign operations, including in emerging markets • The Company's Business - changes in the Company's markets due to competitive conditions, technological developments, environmental standards, laws and regulations, and customer preferences; fluctuations in demand
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affecting sales to customers; execution and integration of acquisitions; selling prices; fluctuations in the cost and availability of raw materials and energy; the impact of competitive products and pricing; customer and supplier concentrations or consolidations; financial condition of distributors; outsourced manufacturers; product and service quality; timely development and market acceptance of new products, including sustainable or sustainably-sourced products; investment in development activities and new production facilities; successful implementation of new manufacturing technologies and installation of manufacturing equipment; the Company's ability to generate sustained productivity improvement; the Company's ability to achieve and sustain targeted cost reductions; and collection of receivables from customers • Income Taxes - fluctuations in tax rates; changes in tax laws and regulations, and uncertainties associated with interpretations of such laws and regulations; retention of tax incentives; outcome of tax audits; and the realization of deferred tax assets • Information Technology - disruptions in information technology systems, including cyber-attacks or other intrusions to network security; successful installation of new or upgraded information technology systems; and data security breaches • Human Capital - recruitment and retention of employees; fluctuations in employee benefit costs; and collective labor arrangements • The Company's Indebtedness - credit risks; the Company's ability to obtain adequate financing arrangements and maintain access to capital; volatility of financial markets; fluctuations in interest rates; and compliance with the Company's debt covenants • Ownership of the Company's Stock - potential significant variability of the Company's stock price and amounts of future dividends and share repurchases • Legal and Regulatory Matters - protection and infringement of intellectual property and impact of legal and regulatory proceedings, including with respect to environmental, health and safety, anti-corruption and trade compliance • Other Financial Matters - fluctuations in pension costs and goodwill impairment
For a more detailed discussion of the more significant of these factors, see
Part I, Item 1A. "Risk Factors" and Part II, Item 7. "Management's Discussion
and Analysis of Results of Operations and Financial Condition" in the Company's
2020 Form 10-K, filed with the
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