Garmin - Οικονομικα Αποτελεματα 4ου Τριμηνου 2013 (Q4 13)
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Garmin - Οικονομικα Αποτελεματα 4ου Τριμηνου 2013 (Q4 13)
Garmin Reports EPS Growth in Fourth Quarter 2013 with Strong Margin Performance; Proposes Dividend Increase; Announces CFO Transition
Schaffhausen, Switzerland / February 19, 2014/ Business Wire
Garmin Ltd. (Nasdaq: GRMN – News) today announced results for the fiscal year and quarter ended December 28, 2013.
Highlights in the quarter include:
• Total revenue of $760 million in fourth quarter 2013 with non-automotive/mobile segments of outdoor, fitness, aviation and marine delivering 50% of total revenues and growing 14% over the year ago quarter
• Operating margin of 23% with 69% of operating profit from outdoor, fitness, aviation and marine
• Introduced new watches across a range of categories including the tactix, designed with law enforcement and special operations in mind; the D2™, designed for aviators; and the Approach® S4, a feature-rich golf watch
• Announced a series of new marine products for 2014 led by DownVü and SideVü scanning sonar, an
important feature for the fishing market
• Generated $135 million of free cash flow in fourth quarter 2013 Highlights for the fiscal year include:
• Total revenue of $2,632 million in 2013 with outdoor, fitness, aviation and marine growing a combined 9% over 2012
• Operating margin stable at 22% partially driven by a decline in operating expenses
• Entered new markets and expanded offering within existing markets allowing for a continued diversification of revenue and profitability sources
• Generated $574 million of free cash flow in 2013
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Schaffhausen, Switzerland / February 19, 2014/ Business Wire
Garmin Ltd. (Nasdaq: GRMN – News) today announced results for the fiscal year and quarter ended December 28, 2013.
Highlights in the quarter include:
• Total revenue of $760 million in fourth quarter 2013 with non-automotive/mobile segments of outdoor, fitness, aviation and marine delivering 50% of total revenues and growing 14% over the year ago quarter
• Operating margin of 23% with 69% of operating profit from outdoor, fitness, aviation and marine
• Introduced new watches across a range of categories including the tactix, designed with law enforcement and special operations in mind; the D2™, designed for aviators; and the Approach® S4, a feature-rich golf watch
• Announced a series of new marine products for 2014 led by DownVü and SideVü scanning sonar, an
important feature for the fishing market
• Generated $135 million of free cash flow in fourth quarter 2013 Highlights for the fiscal year include:
• Total revenue of $2,632 million in 2013 with outdoor, fitness, aviation and marine growing a combined 9% over 2012
• Operating margin stable at 22% partially driven by a decline in operating expenses
• Entered new markets and expanded offering within existing markets allowing for a continued diversification of revenue and profitability sources
• Generated $574 million of free cash flow in 2013
[Πρέπει να είστε εγγεγραμμένοι και συνδεδεμένοι για να δείτε αυτόν το σύνδεσμο.]
Full Release
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Παρόμοια θέματα
» Garmin - Οικονομικα Αποτελεματα 2ου Τριμηνου 2013 (Q2 13)
» Garmin - Οικονομικα Αποτελεματα 3ου Τριμηνου 2013 (Q3 13)
» Garmin - Οικονομικα Αποτελεματα 1ου Τριμηνου 2013 (Q1 13)
» Garmin - Οικονομικα Αποτελεματα 3ου Τριμηνου 2012 (Q3 12)
» Garmin - Οικονομικα Αποτελεματα 4ου Τριμηνου 2012 (Q4 12)
» Garmin - Οικονομικα Αποτελεματα 3ου Τριμηνου 2013 (Q3 13)
» Garmin - Οικονομικα Αποτελεματα 1ου Τριμηνου 2013 (Q1 13)
» Garmin - Οικονομικα Αποτελεματα 3ου Τριμηνου 2012 (Q3 12)
» Garmin - Οικονομικα Αποτελεματα 4ου Τριμηνου 2012 (Q4 12)
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