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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): MARCH 19, 1998
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FWT, INC.
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(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
TEXAS 75-1040743
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(STATE OF OTHER JURISDICTION OF (I.R.S. EMPLOYER IDENTIFICATION NO.)
INCORPORATION OR ORGANIZATION)
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(COMMISSION FILE NUMBER)
1901 EAST LOOP 820 SOUTH, FORT WORTH, TEXAS 76112-7899
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(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE (817) 457-3060
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Item 5. Other Events
On March 19, 1998, FWT, Inc. ("Company") announced that, for the nine months
ended January 31, 1998, it had recorded net income of $4.2 million on sales of
$58 million, as compared with net income of $9 million on sales of $49.3
million for the comparable nine month 1997 period. The Company also reported a
net loss of $1.1 million for the three months ended January 31, 1998, on sales
of $20.7 million. For the comparable 1997 period, net income was $3.6 million
on sales of $22.2 million.
The Company also announced that Roy J. Moore had been named Vice Chairman and
Douglas A. Standley had been named President and Chief Executive Officer of the
Company. Previously, Mr. Moore had served as President and Chief Executive
Officer and Mr. Standley had served as Chief Operations Officer and President,
Ft. Worth Division, of the Company.
A copy of the press release is filed herewith as Exhibit 99.1.
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Item 7. Financial Statements and Exhibits
Exhibit 99.1 Press Release, dated March 19, 1998.
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SIGNATURE
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 thereunto duly authorized.
Date: March 24, 1998
FWT, INC.
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(REGISTRANT)
BY: /s/ DOUGLAS A. STANDLEY
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NAME: DOUGLAS A. STANDLEY
TITLE: PRESIDENT AND CHIEF EXECUTIVE OFFICER
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EXHIBIT INDEX
EXHIBIT NO. DESCRIPTION
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99.1 Press Release, dated March 19, 1998