Summary
Amphenol Corporation (APH) demonstrated robust performance in fiscal year 2011, a year marked by a 11% increase in net sales, reaching $3.94 billion. This growth was primarily driven by strength in the "Information Technology & Communications" segment, which accounted for 59% of sales, and further bolstered by significant contributions from the "Industrial/Automotive" and "Commercial Aerospace & Military" sectors. The company's strategic focus on design capabilities, a broad product portfolio, and global presence, coupled with a disciplined approach to cost control and opportunistic acquisitions, continues to yield positive results. Profitability also saw an increase, with operating income rising by 7% and net income by 6% year-over-year. Amphenol's strong cash generation and effective management of working capital underscore its financial resilience and capacity for continued investment in growth and shareholder returns.
Financial Highlights
53 data points| Revenue | $3.94B |
| Cost of Revenue | $2.70B |
| Gross Profit | $1.24B |
| R&D Expenses | $88.88M |
| SG&A Expenses | $486.32M |
| Operating Income | $751.68M |
| Interest Expense | $43.03M |
| Net Income | $524.19M |
| EPS (Basic) | $0.39 |
| EPS (Diluted) | $0.38 |
| Shares Outstanding (Basic) | 1.36B |
| Shares Outstanding (Diluted) | 1.37B |
Key Highlights
- 1Net sales for 2011 increased by 11% to $3.94 billion, demonstrating strong market demand.
- 2The "Information Technology & Communications" segment remains the largest revenue driver, contributing 59% of total sales.
- 3Operating income grew by 7% to $751.7 million, and net income attributable to Amphenol Corporation increased by 6% to $524.2 million, indicating healthy profitability.
- 4The company actively pursued its acquisition strategy, investing approximately $303 million in two automotive market acquisitions to broaden its product offerings.
- 5International sales constituted a significant portion of revenue (68%), highlighting Amphenol's global reach and reliance on diverse markets.
- 6Despite a flood at its Sidney, NY facility, the company managed the disruption, with the plant returning to full production by year-end.
- 7Amphenol repurchased approximately 13.4 million shares of common stock for $672.2 million under its authorized repurchase program.