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Product category: DC/DC Convertors
News Release from: Emerson Network Power - Embedded Power
Edited by the Electronicstalk Editorial Team on 28 July 2005

Artesyn to close Hungarian plant

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Artesyn Technologies has reported financial results for the second quarter ended 1st July 2005.

Artesyn Technologies has reported financial results for the second quarter ended 1st July 2005 Sales for the second quarter of 2005 were $108.1 million compared with $105.5 million for the corresponding quarter in 2004

For the first six months of 2005, sales were $210.5 million compared with $202.0 million for the same period last year.

Total orders received during the quarter were $100.2 million, yielding a book-to-bill ratio of 0.93.

Backlog at the end of the quarter was $77.7 million with approximately 91% shippable during the third quarter.