On Dec 5, 2014, we issued an updated research report on Raven Industries Inc. (RAVN – Analyst Report). The company is poised to benefit in fiscal 2015 from its objectives as well as acquisitions. However, the North American agricultural equipment environment will remain sluggish in the near term and in turn hurt Raven's growth.
Notably, Raven will benefit from its fiscal 2015 objectives, including considerable growth in revenues from situational awareness and lighter-than-air product lines, bringing high-value plastic film applications and selectively pursuing targeted Applied Technology opportunities through new products and broadening OEM (Original equipment manufacturer) relationships. Moreover, Raven continues to focus on implementation of cost control measures, international market expansion and product innovation in order to drive growth.