WALLINGFORD, CT - Amphenol Corporation reported that fourth quarter sales increased 18% to $777.3 million, as compared to $659.4 million for same period in 2006. Currency translation effectively increased sales approximately $22 million.

For the full year 2007, sales increased 15% year-over-year to $2.85 billion, as compared to $2.47 billion in 2006. Currency translation increased sales by approximately $66 million.

Company CEO, Martin H. Loeffler, stated: “We are pleased to close a record fourth quarter with sales of $777 million and earnings per share of $0.55. All geographic regions of the business performed well in the quarter. Our strong growth reflects our continued commitment to develop performance enhancing technologies for our customers in all of our markets.”

According to a company release, two acquisitions were completed in the fourth quarter of 2007 that include a Northwest China based manufacturer of RF interconnect products for wireless communications, and a Chinese manufacturer of interconnect products for IT and consumer product applications.

"Looking forward, the general economic environment appears to have become more uncertain in recent weeks, particularly in the United States. This weakness, combined with the relatively unstable financial markets may have a dampening effect on the expansion of certain segments of the economy. Nevertheless, we are cautiously optimistic about continuing improvement in the short term and very confident about the long term outlook for continued growth and profitability," Loeffler added.

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