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TE Connectivity Ltd. (NYSE: TEL) is a global leader in industrial technology, creating solutions for a safer, more sustainable, productive, and connected future. Headquartered in Schaffhausen, Switzerland, and soon to be domiciled in Ireland, TE Connectivity provides a broad range of connectivity and sensor solutions that enable the distribution of power, signal, and data across various industries.
With an impressive portfolio of over 500,000 stock-keeping units, TE Connectivity serves nearly 150 countries and employs more than 85,000 people, including 8,000 engineers. These solutions support advancements in transportation, industrial applications, medical technology, energy, data communications, and home applications.
In fiscal 2024, TE Connectivity demonstrated robust financial performance, with earnings surpassing guidance due to significant margin expansions and record free cash flow. The company’s strong presence in electric vehicles (EVs) continues to drive sales growth, particularly within the Transportation segment. The Industrial segment also showed growth, driven by renewable energy, commercial air, and medical applications. Although the Communications segment faced challenges, the company is optimistic about future growth in artificial intelligence applications.
Among TE Connectivity’s recent achievements is the proposal to change its place of incorporation from Switzerland to Ireland, aimed at positioning the company for long-term success without material changes to its operations or financial results.
As a testament to its industry leadership, TE Connectivity consistently invests in mega trends such as e-mobility, renewable energy, factory automation, and artificial intelligence. These investments are crucial for driving long-term profitable growth and maintaining the company’s competitive edge.
TE Connectivity’s commitment to innovation and customer partnership is evident in its strategic initiatives and consistent delivery of value. The company’s latest financial outlook for the third quarter of fiscal 2024 projects net sales of approximately $4.0 billion, with adjusted earnings per share (EPS) of around $1.85, despite headwinds from tax and currency exchange rates.
For more detailed and up-to-date information, including recent news and investor presentations, visit www.te.com.
The Board of Directors of TE Connectivity Ltd. (NYSE: TEL) has recommended increasing the quarterly dividend from $0.48 to $0.50 per share, effective from April 2021. This change raises the annual dividend to $2.00 per share. The proposal will be submitted for shareholder approval on March 10, 2021. TE Connectivity, a $12 billion global industrial technology leader, specializes in connectivity and sensor solutions across various industries.
TE Connectivity Ltd. (NYSE: TEL) has declared a quarterly dividend of $0.48 per share for Q1 of fiscal 2021. The dividend will be payable on December 4, 2020, to shareholders of record as of November 20, 2020. This dividend was approved at the annual general meeting held on March 11, 2020. TE Connectivity, a global leader in industrial technology with a revenue of $12 billion, focuses on connectivity solutions across various sectors, ensuring robust advancements in technology.
TE Connectivity Ltd. (NYSE: TEL) has announced that CEO Terrence Curtin will present virtually at Baird's 2020 Global Industrial Conference on November 10, 2020, at 7:55 a.m. ET. The webcast will be available on the company's investor website, along with a replay. TE Connectivity is a $12 billion global leader in industrial technology, with around 80,000 employees and a focus on connectivity and sensor solutions.
TE Connectivity Ltd. (NYSE: TEL) reported Q4 results with net sales of $3.26 billion, a 28% sequential increase but a 1% year-over-year decline. The Transportation segment saw a notable 49% growth, driven by the auto sector. For FY20, net sales reached $12.2 billion, down 10% due to COVID-19, with GAAP EPS showing a loss of $0.78, while adjusted EPS stood at $4.26. The company generated $2 billion in cash flow and returned $1.1 billion to shareholders. Looking ahead, Q1 FY21 forecasts net sales at approximately $3.2 billion and EPS around $0.83.
TE Connectivity Ltd. (NYSE: TEL) will announce its fourth quarter and full year financial results for fiscal 2020 on October 28, 2020. The results will be shared before trading begins, followed by a conference call for investors at 8:30 a.m. ET. The call can be accessed via the company’s website or by calling the U.S. number (866) 211-4092 or (647) 689-6620 for international participants.
TE Connectivity Ltd. (NYSE: TEL) announced that CFO Heath Mitts will present at Citi's 2020 Global Virtual Technology Conference on September 9, 2020, at 9:50 a.m. ET. The presentation will be available via a webcast on the company's investor website. A replay will be accessible afterward. TE Connectivity operates globally with a revenue of $13 billion, focusing on connectivity and sensor solutions across multiple industries.
TE Connectivity Ltd. (NYSE: TEL) has declared a quarterly dividend of $0.48 per share for the fourth quarter of fiscal year 2020. This dividend is payable on September 4, 2020, to shareholders on record as of August 21, 2020. The decision was ratified during the annual general meeting held on March 11, 2020. TE Connectivity operates as a global industrial technology leader, generating $13 billion in revenue and employing nearly 80,000 individuals worldwide.
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