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Belden Inc. (BDC) is a globally recognized leader in high-quality, end-to-end signal transmission solutions. The company offers a comprehensive product portfolio designed to meet the mission-critical network infrastructure needs of industrial, enterprise, and broadcast markets. With a focus on the reliable and secure transmission of data, audio, and video, Belden is at the forefront of the global transformation to a connected world.
Belden Inc. operates in two distinct segments: Enterprise Solutions and Industrial Solutions. The Enterprise Solutions segment specializes in network infrastructure and cabling and connectivity solutions for commercial audio/video and security applications. Meanwhile, the Industrial Solutions segment provides high-performance networking components and machine connectivity products, catering to the rigorous demands of industrial environments.
The company serves a diverse clientele, including distributors, end-users, installers, and original equipment manufacturers. Belden's extensive presence spans across the Americas, EMEA (Europe, Middle East, and Africa), and APAC (Asia-Pacific) regions, with the majority of its revenue generated from the Americas.
Belden continues to innovate and expand its offerings to accommodate the rapidly growing demand for data transmission solutions. Recent achievements include advancements in network security and the introduction of new, cutting-edge products designed to enhance connectivity and performance. The company's commitment to quality and innovation ensures that it remains a key player in the global signal transmission industry.
Stay updated with the latest developments from Belden Inc. as it leads the way in creating connected, efficient, and secure network environments.
Belden Inc. (NYSE: BDC) reported robust fiscal 2022 results, achieving record revenues of $2.606 billion, up 13% year-over-year, alongside record EPS of $6.01, marking a 38% increase. In Q4 2022, revenues reached $659 million, an 8% rise from the previous year, with net income of $61 million. The company reported an adjusted EBITDA margin of 17.4%, up 90 bps from Q4 2021. For full-year 2023, Belden anticipates revenues between $2.670 billion and $2.720 billion, with organic growth of 3% to 5%. The company ended 2022 with a strong balance sheet, reducing net leverage to 1.0x, allowing for strategic investments in growth.
Altus Power, Inc. (NYSE: AMPS) has appointed Diane Brink to its Board of Directors, effective immediately. Brink will chair the Compensation Committee and serve on the Audit Committee. With over 35 years of experience at IBM, including her role as Chief Marketing Officer, Brink's expertise in digital transformation and customer experience is expected to enhance Altus' mission of creating a clean electrification ecosystem. She replaces Sharon Daley, who resigned on January 18, 2023, to pursue other opportunities. Brink will serve until the 2025 annual meeting, continuing Altus Power's commitment to solar facility development.
Belden Inc. (NYSE: BDC) is set to release its fiscal fourth-quarter results for the period ending December 31, 2022. The announcement will be made before trading begins on February 8, 2023.
Following the results, management will host a conference call at 8:30 a.m. Eastern Time, which will be accessible via a live webcast on the company's Investor Relations website. Participants can join the call by dialing 1-888-394-8218 with the confirmation code 2705002. A replay will be available shortly after the call concludes.
Belden specializes in network infrastructure solutions, boasting over 120 years of expertise.
Belden has launched its Single Pair Ethernet (SPE) portfolio designed for connectivity in industrial and transportation sectors. The SPE products include IP20-rated and IP65/IP67-rated options for various harsh environments. Key features include future-proof innovation, high-performance bandwidth support of up to 10Gbits/s, and rugged protection against extreme conditions. Particularly beneficial for Industry 4.0, these products enhance real-time communication and reduce operational costs. In transportation, they offer a 30% improvement in bending ratio, allowing for easier installation in tight spaces. They are also constructed with 55% less metal and plastic, improving sustainability.
Belden has launched its new DCX System, a high-density fiber infrastructure solution designed for data centers. This innovative system accommodates 3,840 terminations per cabinet and offers 1,280 terminated fibers per square foot. Key features include bend radius control for signal integrity, easy access through pull-out trays, and support for various fiber termination methods. The solution aims to effectively manage increasing fiber connections in diverse environments. Belden's legacy spans over 120 years, strengthening its capabilities in providing reliable network infrastructure.
Belden continues to excel in workplace culture recognition, recently achieving the Great Place to Work® certification for its U.K. operations. With 79% of employees affirming a positive work environment, the certification underscores the company's commitment to inclusivity and trust. High scores were recorded in the Great Place to Work Trust index, including 90% feeling welcome. This recognition reflects Belden's work culture, aiming to enhance employee experience and collaboration in a remote work environment.
Belden France Achieves Great Place to Work Certification
Belden, a global leader in networking solutions, has secured its eighth Great Place to Work (GPTW) certification for 2022 in its French operations. With 85% of team members expressing positive sentiments in the GPTW Trust Survey, the organization is on track to meet its employee experience goals. Senior VP Leah Tate emphasized the commitment to fostering a supportive workplace culture, while VP Aurélien Fabre noted significant team growth from 15 to 24 employees across three offices in Lyon, Toulouse, and Paris.
The Board of Directors of Belden Inc. (NYSE: BDC) declared a quarterly dividend of
Belden has inaugurated its second Customer Innovation Center (CIC) in Santa Clara, California, following the first center's opening in Stuttgart, Germany, in April 2021. The CICs are designed to foster collaboration between customers and consultants, focusing on safety, automation, quality, and productivity in an increasingly digital landscape. This initiative supports Belden's growth strategy, enabling the delivery of customized Industry 4.0 solutions for effective digital transformation. The company anticipates opening a third CIC in 2023.
Belden Denmark has once again achieved the Great Place to Work® certification, marking the seventh time in 2022. This includes high satisfaction scores of 87% from employees at its Cekan and PPC Denmark locations. The company emphasizes a culture of teamwork, feedback, and innovation. Key factors for the certification included trust, employee value, and inclusivity. Leaders express pride in fostering a supportive environment, showcasing significant improvements that reflect in the positive employee sentiments.
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