Prepared By R.R. Donnelley Financial -- Form 8-K
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
Form 8-K
 
Current Report
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported):  02/07/2006
 
EnerSys
(Exact name of registrant as specified in its charter)
 
Commission File Number:  1-32253
 
Delaware
  
23-3058564
(State or other jurisdiction of
  
(IRS Employer
incorporation)
  
Identification No.)
 
2366 Bernville Road, Reading, Pennsylvania 19605
(Address of principal executive offices, including zip code)
 
(610) 208-1991
(Registrant’s telephone number, including area code)
 
(Former name or former address, if changed since last report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[  ]   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[  ]   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[  ]   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 

Information to be included in the report

 
Item 2.02.    Results of Operations and Financial Condition
 
On February 7, 2006, EnerSys issued an earnings press release discussing the Company's expected third quarter results. The press release, attached as Exhibit 99.1 hereto and incorporated herein by reference, is being furnished to the SEC and shall not be deemed to be "filed" for any purpose.
 
 
Item 9.01.    Financial Statements and Exhibits
 
(a) Not applicable.
(b) Not applicable.
(c) Exhibits
    99.1 Press Release, dated February 7, 2006, of EnerSys regarding expected third quarter results.
 

 

Signature(s)
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
     
 
EnerSys
 
 
Date: February 08, 2006
     
By:
 
/s/    Michael T. Philion

               
Michael T. Philion
               
Executive Vice President - Finance and Chief Financial Officer
 
 


 

Exhibit Index
 
Exhibit No.

  
Description

EX-99.1
  
Press Release, dated February 7, 2006, of EnerSys regarding expected third quarter results.
rrd106723_11551.html EnerSys Reports Preliminary Third Quarter 2006 Results

READING, Pa., USA, February 7, 2006 /PRNewswire-FirstCall/ -- EnerSys (NYSE: ENS), the
world's largest manufacturer, marketer and distributor of industrial batteries, announced today
that for its third fiscal quarter of 2006, which ended on January 1, 2006, it expects to report on a
pro forma basis, after adjusting for certain restructuring and other charges, diluted net earnings of
$0.20 per share. This is within the $0.17 to $0.21 per share pro forma guidance provided on
November 15, 2005 and compared to $0.14 per share for the third quarter in the prior year. Net
sales for the third fiscal quarter of 2006 are expected to be approximately $322 million, which
represents an 18% increase compared to the third quarter in the prior year.

On a GAAP basis, the Company expects to report net earnings of $0.17 per share basic and
diluted, compared to $0.15 per share basic and $0.14 per share diluted, for the comparable
p eriod in the prior year.

Please refer to the paragraph below under the heading "Non-GAAP Financial Measures" for a
discussion of the Company's use of pro forma financial information.

The Company anticipates releasing final fiscal third quarter and fiscal nine month results for 2006
on February 15, 2006, which will be followed by a conference call for the investment community
on February 16, 2006.

For more information, contact Richard Zuidema, Executive Vice President, EnerSys, P.O. Box
14145, Reading, PA 19612-4145, USA. Tel: 800/538-3627; Web site: http://www.enersys.com.

About EnerSys

EnerSys, the world leader in stored energy solutions for industrial applications, manufactures,
distributes and services reserve power and motive power batteries, chargers, power equipment,
and battery accessories to customers worldwide. Reserve power batteries are used in the
telecommunications and utility industries, uninterruptible power suppliers, and numerous
applications requ iring standby power. Motive power batteries are utilized in electric fork lift trucks
and other commercial electric powered vehicles. The Company also provides aftermarket and
customer support services to its customers from over 100 countries through its sales and
manufacturing locations around the world.

More information regarding EnerSys can be found at http://www.enersys.com.


Caution Concerning Forward-Looking Statements

This press release contains forward-looking statements (within the meaning of the Private
Securities Litigation Reform Act of 1995) that are based on management's current expectations
and are subject to uncertainties and changes in circumstances. The Company's actual results
may differ materially from the forward-looking statements for a number of reasons. For a list of
the factors, which could affect the Company's results, see "Item 2. Management's Discussion and
Analysis of Financial Condition and Results of Operations," including "Forward-Loo king
Statements," set forth in the Company's Quarterly Report on Form 10-Q for the second fiscal
quarter ended October 2, 2005, which was filed with the U.S. Securities and Exchange
Commission.


Non-GAAP Financial Measures

This press release contains expected pro forma earnings per share data determined by methods
other than in accordance with U.S. Generally Accepted Accounting Principles ("GAAP").
EnerSys' management uses non-GAAP measures in their analysis of the Company's
performance. These measures, as used by EnerSys, adjust net earnings determined in
accordance with GAAP to reflect changes in financial results associated primarily with our IPO
and our restructuring initiatives. Management believes presentations of financial measures
reflecting these adjustments provide important supplemental measurement information in
evaluating the operating results of our business as distinct from results that include items that are
not indicative of ongoing opera ting results; in particular, the charges that the Company incurs as
a result of restructuring activities associated with our acquisitions. Because these charges are
incurred as a result of an acquisition, they are not a valid measure of the performance of our
underlying business and accordingly they are non-recurring in nature. These disclosures have
limitations as an analytical tool, should not be viewed as a substitute for net earnings determined
in accordance with GAAP, should not be considered in isolation or as a substitute for analysis of
the Company's results as reported under GAAP, nor are they necessarily comparable to non-
GAAP performance measures that may be presented by other companies. Management believes
that this pro forma supplemental information will be helpful in understanding the Company's
ongoing operating results. This supplemental information should not be construed as an
inference that the Company's future results will be unaffected by simila r adjustments to net
earnings determined in accordance with GAAP.