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Brady Corp  (BRC)
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Brady Corp Segments

 
 

Business Segments I. Quarter
Revenues
(in millions $)
(Oct 31 2022)
%
(of total Revenues)
I. Quarter
Income
(in millions $)
(Oct 31 2022)
%
(Profit Margin)
Total
322.57 100 % 39.44 12.23 %

• View Income Statement • View Competition by Segment • View Annual Report

Growth rates by Segment I. Quarter
Y/Y Revenue
%
(Oct 31 2022)
Q/Q Revenue
%
I. Quarter
Y/Y Income
%
(Oct 31 2022)
Q/Q Income
%
Total
9.16 % -4.72 % 5.77 % -1.53 %

• View Growth rates • View Competitors Segment Growth • View Market Share

To get more information on Brady's Total segment. Select each division with the arrow.

  Brady's

Business Segments Description



ID Solutions
Within the ID Solutions segment, the primary product and service categories include:

Facility identification, which includes safety signs, pipe markers, labeling systems, spill control products, lockout/tagout devices, and software and services for auditing, procedure writing and training.

Product identification, which includes materials and printing systems for product identification, brand protection labeling, work in process labeling, and finished product identification.

Wire identification, which includes hand-held printers, wire markers, sleeves, and tags.

People identification, which includes self-expiring name tags, badges, lanyards, and access control software.

Patient identification, which includes wristbands and labels used in hospitals for tracking and improving the safety of patients.

Custom wristbands used in the leisure and entertainment industry such as theme parks, concerts and festivals.
Approximately 65% of ID Solutions products are sold under the Brady brand. In the United States, identification products for the utility industry are marketed under the Electromark brand; spill-control products are marketed under the SPC brand; and security and identification badges and systems are marketed under the B.I.G., Identicard/Identicam, PromoVision, and Brady People ID brands. Wire identification products are marketed under the Modernotecnica brand in Italy and lockout/tagout products are offered under the Scafftag brand in the U.K. Custom labels and nameplates are available under the Stickolor brand in Brazil; and identification and patient safety products in the healthcare industry and custom wristbands for the leisure and entertainment industry are available under the PDC Innovative brand in the U.S. and Europe.


The ID Solutions segment offers high quality products with rapid response and superior service to provide solutions to customers. The business markets and sells products through multiple channels including distributors, direct sales, catalog marketing, and e-commerce. The ID Solutions sales force partners with end-users and distributors by providing technical application and product expertise.


ID Solutions serves customers in many industries, which include industrial manufacturing, electronic manufacturing, healthcare, chemical, oil, gas, automotive, aerospace, defense, mass transit, electrical contractors, leisure and entertainment and telecommunications, among others.


The ID Solutions segment manufactures differentiated, proprietary products, most of which have been internally developed. These internally developed products include materials, printing systems, and software. IDS competes for business principally on the basis of production capabilities, engineering, research and development capabilities, materials expertise, customer service, product quality and price, and safety expertise. Competition is highly fragmented, ranging from smaller companies offering minimal product variety, to some of the world's largest major adhesive and electrical product companies offering competing products as part of their overall product lines.

Workplace Safety
Within the Workplace Safety segment, the primary product categories include:

Safety and compliance signs, tags, and labels.

Informational and architectural signage.

Asset tracking labels.

First aid products.

Industrial warehouse and office equipment.

Labor law compliance posters.
Products within the Workplace Safety segment are sold under a variety of brands including: safety and facility identification products offered under the Seton, Emedco, Signals, Safety Signs Service and Pervaco brands; first aid supplies under the Accidental Health and Safety, Trafalgar, and Securimed brands; warehouse supplies and industrial furniture under the Runelandhs and Welco brands; wire identification products marketed under the Carroll brand; and labor law compliance posters under the Personnel Concepts brand.
Workplace Safety primarily sells to other businesses and serves many industries, including manufacturers, process industries, government, education, construction, and utilities. The business markets and sells products through multiple channels, including catalog, telemarketing and digital.


The Workplace Safety platform manufactures a broad range of stock and custom identification products, and also sells a broad range of related resale products. Historically, both the Company and many of our competitors focused their businesses on catalog marketing, often with varying product niches. However, the competitive landscape is changing with the continued evolution of digital channels. Many of our competitors extensively utilize e-commerce to promote the sale of their products. A consequence of this shift is price transparency, as prices on non-proprietary products can be easily compared. Therefore, to compete effectively, we continue to focus on developing dynamic pricing capabilities and enhancing customer experience as these are critical to convert customers from traditional catalog channels to digital.

   

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