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Teleflex Reports Third Quarter 2012 Results

Americas third quarter 2012 net revenues were $169.7 million, an increase of 1.4% compared to the prior year period. Excluding the impact of foreign currency fluctuations, third quarter 2012 net revenues increased 1.7% compared to the prior year period. The increase in revenue was due to new product sales and price increases.

EMEA third quarter 2012 net revenues were $116.0 million, a decrease of 8.7% compared to the prior year period. Excluding the impact of foreign currency fluctuations, third quarter 2012 net revenues increased 3.1% compared to the prior year period. The increase in revenue was due to higher volume, new product sales, and price increases.

Asia third quarter 2012 net revenues were $45.5 million, an increase of 29.8% compared to the prior year period. Excluding the impact of foreign currency fluctuations, third quarter 2012 net revenues increased 32.1% compared to the prior year period. The increase in revenue was due to higher volume and price increases.

OEM third quarter 2012 net revenues were $36.9 million, an increase of 11.0% compared to the prior year period. Excluding the impact of foreign currency fluctuations, third quarter 2012 net revenues increased 13.0% compared to the prior year period. The increase in revenue was due to higher volume, higher capacity as a result of plant expansions, new products and price increases.

Three Months Ended   % Increase/ (Decrease)

September 30, 2012

 

September 25, 2011

Constant Currency

 

Foreign Currency

 

Total Change

(Dollars in millions)
Americas $ 169.7 $ 167.4 1.7% (0.3% ) 1.4%
EMEA 116.0 127.0 3.1% (11.8% ) (8.7% )
Asia 45.5 35.1 32.1% (2.3% ) 29.8%
OEM   36.9   33.2 13.0% (2.0% ) 11.0%
Total $ 368.1 $ 362.7 6.2% (4.7% ) 1.5%

NINE MONTH RESULTS

Net revenues for the first nine months of 2012 were $1.132 billion, an increase of 3.9% compared to the prior year period. Excluding the impact of foreign currency fluctuations, net revenues for the first nine months of 2012 increased 7.4% compared to the prior year period.

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