Tomkins plc, incorporated in 1925, is a global engineering and manufacturing company. It operates in two business groups: Industrial & Automotive and Building Products. The Industrial & Automotive business group manufactures a range of systems and components for car, truck and industrial equipment manufacturing markets, and industrial and automotive aftermarkets worldwide. Its Industrial & Automotive business group operates in four segments: Power Transmission, Fluid Power, Fluid Systems and Other Industrial & Automotive. Building Products consists of two segments: Air Systems Components and Other Building Products. Air Systems Components supplies the industrial and residential heating, ventilation and air conditioning market, mainly in North America. On March 3, 2008, it acquired A.E. Hydraulics (Pte) Ltd. On June 19, 2008, Tomkins plc sold Stant Manufacturing, Inc. and its subsidiary, Standard-Thomson Corporation. On June 20, 2008, it acquired Trion Inc.
Quick Financial Synopsis
BRIEF: For the six months ended 04 July 2009, Tomkins plc's revenues decreased 32% to $2B. Net loss from continuing operations totaled $123.9M vs. an income of $4M. Revenues reflect a decrease in sales from Industrial & Automotive divisions and lower sales from US and UK regions. Net loss reflects a decrease in gross margins, a significant increase in restructuring costs and the absence of gain on disposals & on the exit of businesses.
Company Address
Tomkins PLC
East Putney House 84 Upper Richmond Road London ENG SW15 2ST
P: +4420.88714544 F: +4420.88779700