Historical Stock Data on Molex

Free Historical Stock Data on Molex

Stock Symbol: MOLX

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Business Description
Molex, Inc. is engaged in the manufacture and sale of electronic components. The Company designs, manufactures and distributes more than 100,000 products, including terminals, connectors, planar cables, cable assemblies, interconnection systems, fiber-optic interconnection systems, backplanes, mechanical and electronic switches and other products. Molex's interconnect products enable companies to design and develop electronic products that are smaller, faster, more effective, reliable and manufacture those products more quickly and cost-effectively. Molex serves original equipment manufacturers in industries, such as computer, telecommunications, consumer products, automotive, business equipment, industrial and others. During the fiscal year ended June 30, 2004, Molex had 55 manufacturing facilities in 19 countries on six continents. In April 2004, it acquired the business of Connecteurs Cinch SA, along with its subsidiaries in India, China and Portugal, from the Snecma Group.

Financial Information
For the three months ended 9/30/04, revenues increased 29% to $640.2 million. Net income increased 74% to $55.6 million. Revenues reflect increased demand in the Far East South for consumer electronics, PC, and mobile telephone markets. Earnings also benefited from increased margins.

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