- TE Connectivity (TEL, Financial) exceeds Q2 2025 guidance with record adjusted EPS of $2.10, up 13% YoY.
- Q2 net sales reached $4.1 billion, marking a 4% YoY increase and 5% organic growth.
- Strong performance in Industrial segment with 17% sales growth driven by AI, aerospace, and energy applications.
TE Connectivity (TEL) reported results that surpassed its projections for the second quarter of fiscal year 2025. The company's net sales totaled $4.1 billion, reflecting a 4% increase from the previous year, and a 5% organic growth. The firm announced a record adjusted earnings per share (EPS) of $2.10, a 13% increase over the previous year.
Significant milestones include a robust order intake of $4.25 billion, which grew by 6% both year-over-year and sequentially. The Industrial segment was a standout performer, achieving a 17% sales growth fueled by advancements in artificial intelligence, aerospace, and energy applications.
Operating cash flow for the first half of the fiscal year was $1.5 billion, with free cash flow amounting to $1.1 billion. Demonstrating confidence in their financial health, the company announced a 9% dividend increase and returned approximately $1 billion to shareholders.
Looking forward to Q3 FY25, TE Connectivity projects net sales of around $4.30 billion, an 8% year-over-year increase, and anticipates an adjusted EPS of $2.06, up 8% from the previous year. These forecasts account for the acquisition of Richards Manufacturing Co. and expected tariff impacts.
