Thomas & Betts Reports Solid Gain In Earnings Per Share

Thomas & Betts Corp., Memphis, reported fourth-quarter 2003 net earnings of $19.3 million, a 43-percent increase in earnings per share over fourth-quarter 2002. “The operational improvements we’ve made and the strategic restructuring actions we’ve taken, are flowing to the bottom line, which helped us meet our earnings and working capital targets for the quarter,” said Dominic J. Pileggi, president and CEO. “We entered 2004 with good momentum and feel confident that we will continue to ...

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