Brief: Bel Provides Fourth Quarter 2018 Update

Bel Fuse

15/01/2019 20:31

Jan 15 (Reuters) - Bel Fuse Inc  BELFA.O :
    * BEL PROVIDES FOURTH QUARTER 2018 UPDATE
    * SEES Q4 2018 SALES ABOUT $143 MILLION
    * SEES FY 2018 SALES ABOUT $548 MILLION
    * SEES Q4 2018 SALES UP 19 PERCENT
    * Q4 2018 BOOKINGS CONTINUED TO HAVE YEAR-OVER-YEAR
IMPROVEMENT
    * BACKLOG OF ORDERS WAS $171.2 MILLION AT DECEMBER 31, 2018,
UP
17% FROM $146.5 MILLION AT DECEMBER 31, 2017
    * ANTICIPATES ANNUAL BOOKINGS FOR 2018 TO APPROXIMATELY $578
MILLION

Source text for Eikon:  urn:newsml:reuters.com:*:nGNX58NvWT
Further company coverage:  BELFA.O 

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