principal at CJS Securities
Charlie Strauzer is Senior Managing Director at CJS Securities, where he leads sales, trading, and capital markets activities while providing equity research coverage for publicly traded companies such as Deluxe Corporation. Since joining CJS in 2001, Strauzer has developed deep sector expertise and has previously served as Vice President of Corporate Finance at Globix Corporation, as well as holding equity capital markets roles at Bear Stearns. He holds a BBA in Finance from the University of Miami and brings over two decades of buy-side and sell-side experience to his role, with recognized research and leadership roles in the institutional investment community. Strauzer is a principal at CJS Securities and maintains professional credentials supporting his leadership in the industry.
Charlie Strauzer of CJS Securities offered personal thanks and congratulations to outgoing Board Chair John Maher for his long tenure and contributions to the company.
EVP & CFO Brian Miller accepted the thanks on behalf of the company and Mr. Maher, acknowledging the kind words and long relationship.
Charlie Strauzer inquired about the quantifiable impact of recent hurricanes on Q2 results and any lingering effects into Q3, and also asked where the company is finding offsetting strength to counter weakening industrial end markets in Europe.
President and CEO David Wilson quantified the hurricane impact as approximately $4 million in delayed sales, or $0.03 per share, with no property damage. To offset softness in German markets, Wilson highlighted that the company is generating opportunities in the battery production and oil & gas sectors in Europe, and sees broader strength in the defense, aerospace, and U.S. utility markets.