TE Connectivity Ltd. - S&P Global Ratings’ Credit Research

TE Connectivity Ltd.

TE Connectivity Ltd. - S&P Global Ratings’ Credit Research
TE Connectivity Ltd.
Published Apr 22, 2013
2941 words — Published Apr 22, 2013
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

Leading connector market share in growing markets Diverse end markets and geographies Continued focus on cost reductions and margin improvement Consistent and strong cash flow generation profile A balance of growth initiatives and shareholder returns Declining leverage The stable outlook reflects our view that TE Connectivity Ltd. will continue to deliver consistent earnings performance and strong cash generation despite ongoing challenging market conditions. An upgrade could occur if the company could sustain leverage were below the mid-1x area and continued to improve its margins while growing sales in line with the market. A downgrade could occur if the company were to pursue shareholder initiatives or acquisitions that would result in leverage that is sustained in the low-2x area. We expect

  
Brief Excerpt:

RESEARCH TE Connectivity Ltd. Publication date: 22-Apr-2013 Primary Credit Analyst: Jacob L Schlanger, New York (1) 212-438-7238; jacob_schlanger@standardandpoors.com Secondary Contact: Martha P Toll-Reed, New York (1) 212-438-7867;...

  
Report Type:

Full Report

Ticker
TEL
Issuer
TE Connectivity Ltd.
GICS
Electronic Manufacturing Services (45203020)
Sector
Global Issuers
Country
Switzerland
Region
Europe , Middle East , Africa
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "TE Connectivity Ltd." Apr 22, 2013. Alacra Store. May 22, 2025. <http://www.alacrastore.com/s-and-p-credit-research/TE-Connectivity-Ltd-1119592>
  
APA:
S&P Global Ratings’ Credit Research. (). TE Connectivity Ltd. Apr 22, 2013. New York, NY: Alacra Store. Retrieved May 22, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/TE-Connectivity-Ltd-1119592>
  
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