BGC » Topics » Full Year Highlights

This excerpt taken from the BGC 8-K filed Feb 12, 2008.

Full Year Highlights


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Revenues of $4.61 billion, including $436.2 million from acquisitions completed in the last twelve months, grew 23.4% compared to the year ago period on a metal-adjusted basis

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Operating income before charges  increased 59.9% from prior year

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Completed four strategic acquisitions and internal investment targeting higher growth product lines (NSW submarine power and fiber optic communications systems)  and faster growing economies (China, India, Latin America, Africa, and Asia)

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Refinanced high yield notes in Q1, reducing interest rate by approximately 200 basis points

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Significantly expanded product design, sales and marketing efforts in alternative energy markets throughout the world


Gregory B. Kenny, President and Chief Executive Officer of General Cable, said, “I am extremely pleased with the strong financial results that the Company continues to deliver for our shareholders. The Company has succeeded in substantially expanding its global manufacturing platform, improved its financial flexibility and liquidity, and is reporting today record revenues and earnings. Over the last twelve months the Company has completed several strategically important acquisitions. These have given the Company a significant presence in the developing economies of the world, access to important





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