Hayes Lemmerz Delays Filing Annual Report on Form 10-K
18 April 2006 - 9:01AM
PR Newswire (US)
NORTHVILLE, Mich., April 17 /PRNewswire-FirstCall/ -- Hayes Lemmerz
International Inc. (NASDAQ:HAYZ) announced today that it was
unable, without unreasonable effort or expense, to timely file its
Annual Report on Form 10-K for the fiscal year ended January 31,
2006. The delay in filing is due to the Company's recent
identification of certain adjustments needed in the tax provisions
relating to the Company's operations in Germany. These adjustments
are expected to have no impact on earnings from operations or
Adjusted EBITDA as previously announced by the Company on April 11,
2006 and are expected to favorably impact net earnings by
approximately $4 million. The Company anticipates filing its Form
10-K no later than April 21, 2006. About Hayes Lemmerz
International, Inc. Hayes Lemmerz International, Inc. is a world
leading global supplier of automotive and commercial highway
wheels, brakes, powertrain, suspension, structural and other
lightweight components. The Company has 35 facilities and
approximately 10,000 employees worldwide. DATASOURCE: Hayes Lemmerz
International, Inc. CONTACT: Marika P. Diamond, Hayes Lemmerz
International, Inc., +1-734-737-5162 Web site:
http://www.hayes-lemmerz.com/
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