Littelfuse’s stock, which ended 2011 at $42.98, according to Yahoo! Finance, ended last week at $53.69. That’s a 25% move up in six weeks. The company’s Q4 and year-end 2011 release included information about its electrical sales.
Electrical sales for Q4 were up 27% over Q4/2010, “due to double-digit organic growth across all product lines and the addition of $2.2M of Selco sales,” according to Littelfuse.
Electrical sales were up 15% for the year, “driven primarily by protection relays (up 69%) and custom products (up 29%).”
For 2011, electronic sales (the company’s biggest segment) dropped 5%; automotive sales rose 42%; and electrical sales rose 18% (including the Selco acquisition). The electrical operation represented 13% of company sales, which came in at $665 million.Tagged with tED