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01.07.25 - 19:09
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Teledyne Acquires Maretron (Business Wire)
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Leader in vessel monitoring and control solutions joins Teledyne's Raymarine brandTHOUSAND OAKS, Calif.--(BUSINESS WIRE)--Teledyne Technologies Incorporated (NYSE:TDY) (”Teledyne”) announced today the acquisition of assets of Maretron, including the brand's Octoplex, MPower and MConnect product lines from Littelfuse, Inc. (NASDAQ:LFUS). The purchase will allow Teledyne's Raymarine business to deliver deeper integration and automation for boat builders as a one-stop-shop, greatly expand product functionality for consumers, and create new and exciting business opportunities for Raymarine and its partners. Raymarine intends to maintain Maretron's trade name and product lines to ensure a seamless transition for existing Maretron customers.
“One of our strategic pillars is to provide customers with the best integration options in the industry, and Maretron strengthens our offering to the market,” said Grégoire Outters, Vice President and General Manager of Teledyne FLIR Maritime and Raymarine. “...
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27.05.25 - 13:06
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Littelfuse Names Abhi Khandelwal Chief Financial Officer (Business Wire)
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CHICAGO--(BUSINESS WIRE)--Littelfuse, Inc. (NASDAQ: LFUS), a leader in developing smart solutions that enable safe and efficient electrical energy transfer, today announced that Abhi Khandelwal has been appointed Executive Vice President and Chief Financial Officer, effective June 18, 2025. Mr. Khandelwal brings more than 20 years of financial and operational experience to Littelfuse, most recently serving as Executive Vice President and Chief Financial Officer at IDEX Corporation (NYSE: IEX).
Dr. Greg Henderson, Littelfuse President & Chief Executive Officer, commented, “Abhi is a proven financial leader with extensive experience in driving strategic growth, disciplined capital allocation and global operational enhancements. I look forward to partnering with Abhi, and I am confident his financial and operational acumen and growth mindset will help us as we continue to enhance our strategic focus, scale our operations, and deliver for our customers, employees, and shareholders.”
Prior to his current r...
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29.04.25 - 23:03
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Littelfuse Reports First Quarter Results for 2025 (Business Wire)
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First Quarter 2025 Highlights:
(Year-over-year comparisons unless otherwise noted)
Net sales of $554 million, +3.5%; organic growth contributed +2.9%
GAAP diluted earnings per share of $1.75
Adjusted diluted EPS of $2.19, +24%
Free cash flow of $43 million, +3%; Cash conversion of 98%
Returned $45m to shareholders via dividend and share repurchases
CHICAGO--(BUSINESS WIRE)--Littelfuse, Inc. (NASDAQ: LFUS), a diversified, industrial technology manufacturing company empowering a sustainable, connected, and safer world, today reported financial results for the first quarter ended March 29, 2025:
“In the first quarter, we delivered results that exceeded our expectations, driven by solid Electronics Segment demand recovery and robust growth in our Industrial Segment,” said Greg Henderson, Littelfuse President and Chief Executive Officer. “Across our businesses, we drove improved bookings in the first quarter while our teams delivered strong operational performance, reflected in our expanded operating mar...
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15.04.25 - 17:06
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Littelfuse to Release First Quarter Financial Results After Market Close on April 29 (Business Wire)
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CHICAGO--(BUSINESS WIRE)--Littelfuse, Inc. (NASDAQ: LFUS), a diversified, industrial technology manufacturing company empowering a sustainable, connected, and safer world, announced today that it will release financial results for its first quarter of fiscal 2025 after market close on Tuesday, April 29, 2025.
The press release and slide presentation will be available in the Investor Relations section of the company's website, Littelfuse.com. The company will host a conference call on Wednesday, April 30, 2025, at 9:00 a.m. Central Time. The conference call will be available via webcast from Littelfuse.com and available for replay on the company's website.
About Littelfuse
Littelfuse, Inc. (NASDAQ: LFUS) is a diversified, industrial technology manufacturing company empowering a sustainable, connected, and safer world. Across more than 20 countries, and with approximately 16,000 global associates, we partner with customers to design and deliver innovative, reliable solutions. Serving over 100,000 end cust...
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09.04.25 - 13:03
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Littelfuse Announces CFO Transition Plan (Business Wire)
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Meenal Sethna to step down as CFO
Company commences formal CFO search
CHICAGO--(BUSINESS WIRE)--Littelfuse, Inc. (NASDAQ: LFUS), a diversified industrial technology manufacturing company empowering a sustainable, connected, and safer world, today announced that Meenal Sethna, Executive Vice President and Chief Financial Officer, will step down from her role after ten years of leadership. She will remain with the company through September 1, 2025, to ensure a smooth transition.
Dr. Greg Henderson, Littelfuse President & CEO, commented, “Since joining Littelfuse in 2015, Meenal's leadership and contributions have been essential to the company's growth and profitability expansion. As a result of her strategic guidance, Littelfuse is well positioned with the financial strength and flexibility to fuel the company's next growth phase. I would like to thank Meenal for her unwavering commitment to Littelfuse, our global teams and our shareholders. I look forward to partnering with her during the transition, ...
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