Titan International Projects 2011 Sales of $950M to $1.1B

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Titan International, Inc.
TWI
Chairman and CEO Maurice M. Taylor Jr. will discuss goals for the company and outlook for 2011 in a conference call on Thursday, December 9, 2010. “2010 has been a great building year for Titan and I believe that 2011 will be our best year ever from what I see today,” said Taylor. “Farm is strong, earthmover is getting better and there is a favorable export market. If steel and rubber prices stay where they are or go up a little, then I project Titan's sales to range between $950 million to $1.1 billion for 2011. This amount of revenue should generate an EBITDA range from $105 to $125 million.”
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