Lakeland Industries Engages MZ Group to Lead Strategic Investor Relations and Shareholder Communications Program
Lakeland Industries (NASDAQ:LAKE), a leading global manufacturer of protective clothing and apparel, has engaged MZ Group to lead its strategic investor relations and financial communications program. The campaign will highlight Lakeland's revenue growth, particularly in fire services, which saw a 34% year-over-year increase in Q2 FY2025. Lakeland reaffirmed its FY2025 guidance with revenue expected between $160 million - $170 million and Adjusted EBITDA between $18 million - $21.5 million.
MZ Group will focus on increasing Lakeland's visibility in the investment community, emphasizing its $6.0 billion total addressable market and growth strategies. The company's recent acquisition of LHD Group Deutschland GmbH's fire and rescue business enhances its global presence. Lakeland aims to expand its fire turnout business through acquisitions while growing its industrial safety business.
Lakeland Industries (NASDAQ:LAKE), un importante produttore globale di abbigliamento e indumenti protettivi, ha ingaggiato il MZ Group per guidare il suo programma di relazioni con gli investitori strategici e comunicazioni finanziarie. La campagna metterà in evidenza la crescita dei ricavi di Lakeland, in particolare nei servizi antincendio, che hanno registrato un aumento del 34% su base annua nel secondo trimestre dell'anno fiscale 2025. Lakeland ha confermato le sue previsioni per l'anno fiscale 2025, prevedendo ricavi compresi tra 160 milioni e 170 milioni di dollari e un EBITDA rettificato tra 18 milioni e 21,5 milioni di dollari.
Il MZ Group si concentrerà sull'aumento della visibilità di Lakeland nella comunità degli investitori, sottolineando il suo mercato totale indirizzabile di 6,0 miliardi di dollari e le strategie di crescita. L'acquisizione recente da parte dell'azienda della divisione antincendio e soccorso della LHD Group Deutschland GmbH potenzia la sua presenza globale. Lakeland mira ad espandere il suo business nel settore dei turni antincendio attraverso acquisizioni, mentre cresce nel settore della sicurezza industriale.
Lakeland Industries (NASDAQ:LAKE), un fabricante global líder de ropa y vestimenta protectora, ha contratado al MZ Group para liderar su programa estratégico de relaciones con los inversores y comunicaciones financieras. La campaña destacará el crecimiento de ingresos de Lakeland, particularmente en servicios de incendios, que vieron un aumento del 34% interanual en el segundo trimestre del año fiscal 2025. Lakeland reafirmó su guía para el año fiscal 2025 con ingresos esperados entre 160 millones y 170 millones de dólares y un EBITDA ajustado entre 18 millones y 21,5 millones de dólares.
El MZ Group se centrará en aumentar la visibilidad de Lakeland en la comunidad de inversores, enfatizando su mercado total direccionable de 6,0 mil millones de dólares y estrategias de crecimiento. La adquisición reciente de la división de incendios y rescate de LHD Group Deutschland GmbH mejora su presencia global. Lakeland busca expandir su negocio de turnos contra incendios a través de adquisiciones mientras crece su negocio de seguridad industrial.
라켈랜드 인더스트리 (NASDAQ:LAKE)는 글로벌 보호 의류 및 의류 제조업체로, 전략적 투자자 관계 및 재무 커뮤니케이션 프로그램을 이끌기 위해 MZ 그룹과 협력했습니다. 이 캠페인은 라켈랜드의 수익 성장, 특히 소방 서비스에서의 전년 대비 34% 증가를 강조할 것입니다. 라켈랜드는 2025 회계연도 수익 예상치를 1억 6천만 달러에서 1억 7천만 달러 사이로 유지했으며, 조정 EBITDA는 1천8백만 달러에서 2천1백5십만 달러 사이로 예상하고 있습니다.
MZ 그룹은 라켈랜드의 투자 커뮤니티 내 가시성을 높이는 데 중점을 두고, 60억 달러의 총 주소 지정 가능한 시장 및 성장 전략을 강조할 것입니다. 회사는 LHD Group Deutschland GmbH의 소방 및 구조 사업 인수를 통해 글로벌 입지를 강화했습니다. 라켈랜드는 인수합병을 통해 소방 출동 사업을 확장하고 산업 안전 비즈니스를 성장시키는 것을 목표로 합니다.
Lakeland Industries (NASDAQ:LAKE), un leader mondial de la fabrication de vêtements et d'équipements de protection, a engagé MZ Group pour diriger son programme de relations investisseurs stratégiques et de communications financières. La campagne mettra en avant la croissance des revenus de Lakeland, en particulier dans les services d'incendie, qui ont connu une augmentation de 34 % d'une année sur l'autre au deuxième trimestre de l'exercice fiscal 2025. Lakeland a réaffirmé ses prévisions pour l'exercice fiscal 2025, avec des revenus attendus entre 160 millions et 170 millions de dollars et un EBITDA ajusté entre 18 millions et 21,5 millions de dollars.
MZ Group se concentrera sur l'augmentation de la visibilité de Lakeland au sein de la communauté des investisseurs, en mettant l'accent sur son marché total adressable de 6,0 milliards de dollars et ses stratégies de croissance. L'acquisition récente de la division incendie et secours de LHD Group Deutschland GmbH renforce sa présence mondiale. Lakeland vise à développer son activité de services d'incendie par le biais d'acquisitions tout en développant son activité de sécurité industrielle.
Lakeland Industries (NASDAQ:LAKE), ein führender globaler Hersteller von persönlicher Schutzausrüstung und -kleidung, hat die MZ Group beauftragt, sein strategisches Investor Relations- und Finanzkommunikationsprogramm zu leiten. Die Kampagne wird das Umsatzwachstum von Lakeland hervorheben, insbesondere im Bereich der Feuerwehrdienste, das im 2. Quartal des Geschäftsjahres 2025 einen Zuwachs von 34 % im Jahresvergleich verzeichnete. Lakeland bekräftigte seine Prognose für das Geschäftsjahr 2025 mit einem erwarteten Umsatz zwischen 160 Millionen und 170 Millionen Dollar sowie einem bereinigten EBITDA zwischen 18 Millionen und 21,5 Millionen Dollar.
Die MZ Group wird sich darauf konzentrieren, die Sichtbarkeit von Lakeland in der Investoren-Community zu erhöhen, wobei der Fokus auf dem gesamt adressierbaren Markt von 6,0 Milliarden Dollar und Wachstumsstrategien liegt. Die jüngste Akquisition des Geschäftsbereichs Feuer und Rettung von LHD Group Deutschland GmbH stärkt die globale Präsenz des Unternehmens. Lakeland strebt an, sein Geschäft mit Feuerwehrbesatzungen durch Übernahmen zu erweitern und gleichzeitig das Geschäft mit industrieller Sicherheit auszubauen.
- 34% year-over-year increase in fire services revenue in Q2 FY2025
- Reaffirmed FY2025 guidance with revenue of $160-170 million
- Adjusted EBITDA forecast of $18-21.5 million for FY2025
- Successful acquisition of LHD Group Deutschland GmbH's fire and rescue business
- $6.0 billion total addressable market with sub 5% global market penetration
- Strong balance sheet and compelling valuation compared to larger public competitors
- None.
HUNTSVILLE, AL / ACCESSWIRE / October 16, 2024 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing and apparel for industry, healthcare and first responders on the federal, state and local levels, has engaged international investor relations specialists MZ Group (MZ) to lead a comprehensive strategic investor relations and financial communications program across all key markets.
MZ Group will work closely with Lakeland management to develop and implement a comprehensive capital markets strategy designed to increase the Company's visibility throughout the investment community. The campaign will highlight how Lakeland is driving revenue growth by expanding its market opportunities in both fire services and industrial safety products, including a strategic focus on expanding its global head-to-toe fire services offering that resulted in a
MZ has developed a distinguished reputation as a premier resource for institutional investors, brokers, analysts, and private investors and maintains offices worldwide. Chris Tyson, Executive Vice President at MZ North America, along with Directors Larry Holub and Brooks Hamilton, will advise Lakelands's investor relations team in all facets of investor relations, including, but not limited to, the coordination of roadshows and investment conferences across key cities and building brand awareness with financial and social media outlets.
Chris Tyson commented, "Positive momentum and strong tailwinds in the fire services and safety and personal protective equipment markets are supporting an approximately
Larry Holub added, "We see significant upside in the growing high-margin and fragmented global fire market, as well as other higher-value-added industrial safety products and segments for Lakeland. The company's owned, global manufacturing base, geographically-diverse sales platform, and mission-critical product portfolio have created a scalable, asset-light business model."
Jim Jenkins, President, Chief Executive Officer and Executive Chairman of Lakeland, commented, "This is an exciting time for Lakeland as we continue to execute our key growth initiatives. Most recently, the successful acquisition of the fire and rescue business of LHD Group Deutschland GmbH and its subsidiaries in Hong Kong and Australia enhances our global presence and fire service offerings, and we continue to look for strategic opportunities to expand our fire turnout business through acquisitions while also growing our industrial safety business. We look forward to working with Chris and the entire team at MZ Group to communicate our business milestones in the weeks and months ahead."
For more information on Lakeland, please visit www.lakeland.com. To schedule a conference call with management, please email your request to LAKE@mzgroup.us or call Chris Tyson at 949-491-8235.
(1) Excluding revenue, the Company does not provide guidance on a GAAP basis as certain items that impact Adjusted EBITDA, such as equity compensation, foreign exchange gains or losses, acquisition expenses and employee separation expenses, which may be significant, are outside the Company's control and/or cannot be reasonably predicted.
About MZ
MZ North America is the US division of MZ Group, a global leader in investor relations with over 250 employees and 800 clients across 12 different exchanges. For over 25 years, MZ has implemented award winning programs and developed a reputation for delivering tangible results for public and private companies via strategic communications, industry-leading investor outreach, public relations, a market intelligence desk, and a suite of technology solutions, spanning websites, conference call/webcasting, video production and XBRL/Edgar filing services. MZ maintains a global footprint with professionals located throughout every time zone in North America, as well as Taipei and São Paulo. For more information, please visit www.mzgroup.us.
About Lakeland Industries, Inc.
Lakeland Industries, Inc. (NASDAQ:LAKE) manufactures and sells a comprehensive line of industrial protective clothing and accessories for the industrial and public protective clothing market. Our products are sold globally by our in-house sales teams, our customer service group, and authorized independent sales representatives to a network of over 2,000 global safety and industrial supply distributors. Our authorized distributors supply end users, such as integrated oil, chemical/petrochemical, automobile, transportation, steel, glass, construction, smelting, cleanroom, janitorial, pharmaceutical, and high technology electronics manufacturers, as well as scientific, medical laboratories and the utilities industry. In addition, we supply federal, state and local governmental agencies and departments, such as fire and law enforcement, airport crash rescue units, the Department of Defense, the Department of Homeland Security and the Centers for Disease Control. Internationally, we sell to a mixture of end users directly and to industrial distributors, depending on the particular country and market. In addition to the United States, sales are made into more than 50 foreign countries, the majority of which were into China, the European Economic Community ("EEC"), Canada, Chile, Argentina, Russia, Kazakhstan, Colombia, Mexico, Ecuador, India, Uruguay, Middle East, Southeast Asia, Australia, Hong Kong and New Zealand.
For more information concerning Lakeland, please visit the Company online at www.lakeland.com.
"Safe Harbor" Statement Under the Private Securities Litigation Reform Act of 1995
This press release contains estimates, predictions, opinions, goals and other "forward-looking statements" as that phrase is defined in the Private Securities Litigation Reform Act of 1995. Such statements include, without limitation, references to the Company's predictions or expectations of future business or financial performance as well as its goals and objectives for future operations, financial and business trends, business prospects, and management's expectations for earnings, revenues, expenses, inventory levels, capital levels, liquidity levels, or other future financial or business performance, strategies or expectations, including without limitation the expected benefits of the Pacific, Jolly and LHD acquisitions and our M&A strategy. All statements, other than statements of historical facts, which address Lakeland's expectations of sources or uses for capital, or which express the Company's expectation for the future with respect to financial performance or operating strategies can be identified as forward-looking statements. Forward-looking statements involve risks, uncertainties and assumptions as described from time to time in press releases and Forms 8-K, registration statements, quarterly and annual reports and other reports and filings filed with the Securities and Exchange Commission or made by management. As a result, there can be no assurance that Lakeland's future results will not be materially different from those described herein as "believed," "projected," "planned," "intended," "anticipated," "can," "estimated" or "expected," or other words which reflect the current view of the Company with respect to future events. We caution readers that these forward-looking statements speak only as of the date hereof. With respect to our guidance for revenue and Adjusted EBITDA, such metrics are subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond the control of the Company and its management; actual results will vary, and those variations may be material. The Company hereby expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statements to reflect any change in the Company's expectations or any change in events, conditions or circumstances on which such statement is based, except as may be required by law.
Contacts
Lakeland Industries, Inc.
256-600-1390
Roger Shannon
rdshannon@lakeland.com
Investor Relations
Chris Tyson
Executive Vice President
MZ Group - MZ North America
949-491-8235
LAKE@mzgroup.us
www.mzgroup.us
SOURCE: Lakeland Industries, Inc.
View the original press release on accesswire.com
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