TE ConnectivityNYSE: TEL

SINGAPORE, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Heilind Asia Pacific is pleased to announce that it has won the 2024 Best Strategic Account Development Award from TE Connectivity. This award highlights the company's excellent work in promoting business growth and enhancing relationships with important customers. It shows our dedication to offering customized solutions and great value to key clients in the Asia Pacific area.

Assess TE Connectivity's (TEL) dependence on international sales to gain insights into the company's financial health, growth potential, and possible stock price trends. This analysis will help in understanding how global revenue impacts the company's overall performance.

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TE Connectivity's performance in the fourth quarter of the fiscal year improved due to significant growth in profit margins and strong results in different market sectors.

While the revenue and earnings per share (EPS) for TE Connectivity (TEL) provide insight into its performance for the quarter ending September 2024, it could be helpful to look at how these important figures stack up against Wall Street predictions and last year's results.

The board of directors has approved a $2.5 billion increase in the share repurchase program. TE Connectivity plc, based in Galway, Ireland, announced its financial results for the fourth quarter and the entire fiscal year that ended on September 27, 2024. In the fourth quarter, net sales reached $4.1 billion, which is 1% higher than the previous year and 2% higher when adjusted for organic growth.

TEL's earnings results for the fourth quarter of 2024 are expected to show positive outcomes due to the success of its Transportation and Communications sectors.

TE Connectivity (TEL) has a strong track record of surprising with its earnings and currently has the right factors in place that suggest it may exceed expectations in its upcoming quarterly report.

TE Connectivity (TEL) is a reliable, investment-grade company with a solid financial position, strong profits, and good cash flow, making it a recommended buy. Although its revenue growth is modest, TEL's earnings per share have increased by 12% thanks to better margins, improved efficiency, and active share repurchases. TEL's emphasis on AI and electrification, especially in the communications and industrial sectors, sets it up for future growth, even with the current slowdown in the automotive market.