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Financial year-end 2007 at Molex 02-08-07

Molex reported results for its 2007 fourth fiscal quarter. Revenue was $791.8 million, an increase of 1.0% over the same period last fiscal year. Revenue for the quarter included $54.7 million from Woodhead Industries, which the Company acquired on August 10, 2006. Net income for the June quarter was $32.7 million, Revenue for the twelve months ended June 30, 2007 was $3.27 billion, an increase of 14.1% compared with the prior fiscal year.

 

Revenue for the year included $202.5 million from Woodhead Industries. Revenue increased 9% in the consumer market, 3% in the telecom market (including both infrastructure and mobile), and 6% in the data market. Revenue in the automotive market increased 11%. Revenue in the industrial market, including the acquisition of Woodhead Industries increased 100% and by 16% excluding Woodhead. Net income was $240.8 million.

 
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