Brady, Thinfilm announce collaboration agreement Thin Film Electronics and Brady Corporation announced a strategic alliance to bring Thinfilm’s printed electronic technology to Brady’s identification product lines. Brady’s initial work with Thinfilm is focusing on electronic timing labels for applications in visitor and healthcare identification and tracking. Under the terms of the commercial agreement, Brady has secured an exclusive license to Thinfilm’s printed electronic timer system for select applications including visitor and healthcare identification. The companies anticipate this to be the first of multiple applications that will use timing and sensing devices to increase safety, security, productivity and performance. “
Brady confirms FY15 continuing ops EPS view $1.50-$1.70, consensus $1.57 The company anticipates low single-digit organic sales growth in fiscal 2015, with organic sales growth in both the Identification Solutions and Workplace Safety platforms. FY15 revenue consensus is $1.24B. This guidance is based on current exchange rates and a full-year income tax rate in the mid-to-upper 20% range. The Company also anticipates approximately $15M of restructuring charges and capital expenditures of approximately $30M in fiscal 2015.