Oct. 15, 2009 (Business Wire) -- Amphenol Corporation (NYSE:APH) reported today third quarter 2009 diluted earnings per share of $.47 compared to $.63 per share for the comparable 2008 period. Sales for the third quarter 2009 decreased 17% to $716.6 million compared to a record $863.7 million for the 2008 period. Currency translation had the effect of decreasing sales by approximately 1% or $9.9 million in the third quarter 2009 compared to the 2008 period.

For the nine months ended September 30, 2009, diluted earnings per share was $1.33 compared to $1.78 for the 2008 period. Sales for the nine months ended September 30, 2009 were $2,061.8 million compared to $2,481.2 million for the 2008 period. Currency translation had the effect of decreasing sales by approximately $55.9 million for the nine month 2009 period when compared to the 2008 period.

Amphenol President and Chief Executive Officer, R. Adam Norwitt, stated “We are pleased to report third quarter results that exceeded the high end of the Company’s guidance with sales of $717 million, an operating income margin of 17.3% and earnings per share of $.47. Strengthening demand in the Information Technology and Data Communications Equipment, Mobile Devices market and Automotive market drove a 5% sequential increase in sales and a 12% sequential increase in orders over Q2 of 2009. The Company achieved a book to bill ratio of 1.04 to 1, the first positive ratio since the beginning of the economic downturn in late Q3 of 2008. It is very gratifying, given the continued challenges in the market environment, that we were able to capitalize on pockets of strength and enhance our market position in nearly all of our served markets. In addition, it is extremely rewarding that our focus on operating leverage and working capital management enabled us to further expand margins and generate strong cash flow. Our management team continues to control costs in a proactive and dynamic manner ensuring the strength of our financial performance. I am very proud of our organization as we continue to execute well.”

“While economic conditions remain less than certain, we believe we have seen a stabilization of demand in most markets and an improvement in demand in some markets. Accordingly, based on constant currency exchange rates and a continuation of improving demand trends, we expect Q4 2009 revenues in the range of $720 million to $735 million and EPS in the range of $.47 to $.49. We continue to believe we can perform well in the current environment due to our leading technology, increasing positions with our customers in diverse markets, worldwide presence, lean cost structure, and agile, experienced and entrepreneurial management team.”

“We continue to be excited about the future. Our competitive advantages and sustained financial strength provide a solid base for future performance. I am confident in the ability of our outstanding organization to dynamically adjust to the market environment, to generate strong profitability and to capitalize on opportunities to expand our market position.”

The Company will host a conference call to discuss its third quarter results at 1:00 PM (ET) October 15, 2009. The toll free dial-in number to participate in this call is 888-395-9624; International dial-in number is 517-623-4547; Passcode: Reardon. There will be a replay available until 11:00 P.M. (ET) on Monday, October 19, 2009. The replay numbers are as follows: toll free dial-in number is 888-567-0472 and International dial-in number is 203-369-3447.

A live broadcast as well as a replay will also be available on the Internet at http://www.amphenol.com/index.cfm/fuseaction/financial.webcasts.

Amphenol Corporation is one of the world’s leading producers of electronic and fiber optic connectors, cable and interconnect systems. Amphenol products are engineered and manufactured in the Americas, Europe, Asia and Africa and sold by a worldwide sales and marketing organization. Amphenol has a diversified presence as a leader in high growth segments of the interconnect market including: Military, Commercial Aerospace, Automotive, Broadband Communication, Industrial, Information Technology and Data Communications Equipment, Mobile Devices and Wireless Infrastructure.

Statements in this press release which are other than historical facts are intended to be “forward-looking statements” within the meaning of the Securities Exchange Act of 1934, the Private Securities Litigation Reform Act of 1995 and other related laws. While the Company believes such statements are reasonable, the actual results and effects could differ materially from those currently anticipated. Please refer to [Part I, Item 1A] of the Company’s Form 10-K for the year ended December 31, 2008, for some factors that could cause the actual results to differ from estimates. In providing forward-looking statements, the Company is not undertaking any duty or obligation to update these statements publicly as a result of new information, future events or otherwise.