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 Dec 06, 2017
13 pages (4147 words) — Published Dec 06, 2017
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

Leading connector market share in growing markets; Diverse end markets and geographic diversity; and Continued focus on cost reductions and margin improvements. Leverage in the mid-1x area as of Sept. 29, 2017; Strong liquidity with $1.2 billion of cash as of Sept. 29, 2017 and consistent positive annual free operating cash flow (FOCF) generation in excess of $1.3 billion over the past two years; Tuck-in acquisition strategy; and Shareholder returns funded by FOCF generation. S&P Global Ratings' stable outlook on Schaffhausen, Switzerland-based TE Connectivity Ltd., a global connectivity and sensors solutions designer and manufacturer, reflects our view that the company will deliver mid-single-digit percentage revenue growth attributable to expansion of the company's transportation, industrial and communications solutions segments. We also

  
Brief Excerpt:

...Strong liquidity with $1.2 billion of cash as of Sept. 29, 2017 and consistent positive annual free operating cash flow (FOCF) generation in excess of $1.3 billion over the past two years;...

  
Report Type:

Full Report

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

  
MLA:
S&P Global Ratings’ Credit Research. "TE Connectivity Ltd." Dec 06, 2017. Alacra Store. May 21, 2025. <http://www.alacrastore.com/s-and-p-credit-research/TE-Connectivity-Ltd-1962637>
  
APA:
S&P Global Ratings’ Credit Research. (). TE Connectivity Ltd. Dec 06, 2017. New York, NY: Alacra Store. Retrieved May 21, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/TE-Connectivity-Ltd-1962637>
  
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