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)................October 22, 1996
SI HANDLING SYSTEMS, INC.
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(Exact name of registrant as specified in its charter)
PENNSYLVANIA O-3362 22-1643428
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(State or other (Commission (I.R.S. Employer
jurisdiction File Number) Identification No.)
of incorporation
600 KUEBLER ROAD, EASTON, PA 18040
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code..................610-252-7321
(Not Applicable)
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(Former name or former address, if changed since last report.)
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ITEM 5. OTHER EVENTS
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SI Handling Systems, Inc. (the "Company") has made certain projections with
respect to future results as follows:
(1) It is expected that revenues for the third fiscal quarter of
the Company ending December 1, 1996 will be approximately $4,200,000.
(2) It is expected that revenues for the fourth fiscal quarter of
the Company ending March 2, 1997 will be approximately $7,800,000 and that
earnings per share could be $0.25.
(3) Revenues for SI/BAKER, INC., the Company's joint venture, for
the fiscal year ending February 28, 1997 are expected to be approximately
$15,000,000.
(4) Revenues for the Company for the fiscal year ending March 1,
1998 are expected to be approximately $40,000,000.
The foregoing projections are forward-looking statements within the meaning
of Section 21E of the Securities Exchange Act of 1934. There are a number of
important factors that could cause actual results to differ materially from the
projections, including delays in completing the work on orders presently in hand
due to customer requirements or otherwise and the receipt of new orders which
have not yet been awarded. Accordingly, there can be no assurance that the
actual results will meet the projections.
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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.
SI HANDLING SYSTEMS, INC.
11/4/96 /S/ Leonard S. Yurkovic
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(Date) (Signature)
Leonard S. Yurkovic
President and CEO
