Littelfuse (LFUS) Q4 2004 earnings summary
Event summary combining transcript, slides, and related documents.
Q4 2004 earnings summary
9 Nov, 2026Executive summary
Fiscal 2004 net sales totaled $500.242 million; 60.4% of sales came from customers outside the U.S.
Broad circuit-protection offerings serve electronic, automotive and electrical markets; a new CEO took office January 1, 2005.
Financial highlights
Net sales were $500.242 million in fiscal 2004, compared with $339.410 million in 2003 and $283.267 million in 2002.
Product design and development spending was $17.6 million in 2004, versus $8.7 million in 2003 and $8.3 million in 2002.
International sales were 60.4% of total sales in 2004, 55.9% in 2003 and 53.7% in 2002.
Outlook and guidance
Backlog was $49.0 million at January 1, 2005, versus $55.4 million a year earlier; substantially all orders were scheduled for delivery in 2005.
Facilities were considered adequate for foreseeable requirements; 2005 lease expirations were not expected to have a material impact.
Latest events from Littelfuse
- Record FY1999 sales and EPS gains were driven by electronics demand and cost reductions.LFUS
Q4 1999 - Electronics drove FY00 growth as FY01 opened with expected market softness.LFUSQ4 2000
- A severe downturn slashed earnings, while cost actions and cash generation positioned a recovery effort.LFUSQ4 2001
- Fiscal 2002 sales reached $283.3 million as backlog climbed to $29.2 million.LFUSQ4 2002
- FY2003 sales reached $339.410M as backlog climbed to $55.4M.LFUSQ4 2003
- Telecom weakness cut earnings, while automotive and electrical records supported a 2006 recovery outlook.LFUSQ4 2005
- Cost actions improved profitability despite a steep FY09 sales decline; H2 demand began recovering.LFUSQ4 2009
- Q4 demand collapse and special charges drove a steep FY08 profit decline.LFUSQ4 2008
- FY2010’s broad recovery lifted sales to $608M and operating margin to 17.7%.LFUSQ4 2010