TEL - TE Connectivity: Margin Progress Is Here Now Sales Growth
2024-02-12 18:06:23 ET
Summary
- TE Connectivity Ltd. has not fully lived up to its promises in terms of sales growth, but recent margin progress has been impressive.
- The company is a $16 billion business with three segments: transportation solutions, industrial solutions, and communication solutions.
- Despite modest margin gains and a fair valuation, TE Connectivity's growth execution and sales growth are desired for better investment prospects.
In September of last year, I saw a connection in the case of TE Connectivity Ltd. ( TEL ) , on the back of a sound position, long-term growth, and reasonable valuations. The trouble with the company is that despite its positioning, the company has not fully lived up to its promises in terms of sales growth, although recent margin progress has been impressive....
TE Connectivity: Margin Progress Is Here, Now Sales Growth