QUOTE AND NEWS
Mondo Visione  6 hrs ago  Comment 
Following the release of “Principles for Financial Market Infrastructures Disclosure” on July 8, 2015, describing TFX's compliance with the Principles for Financial Market Infrastructure (“PFMI”), based on the “Principles for Financial...
newratings.com  Jul 30  Comment 
WASHINGTON (dpa-AFX) - Teleflex Inc. (TFX), a provider of medical devices for critical care and surgery, said that its ARROW Endurance Extended Dwell Peripheral Catheter System received market clearance from the U.S. Food and Drug Administration...
newratings.com  Jul 29  Comment 
WASHINGTON (dpa-AFX) - Teleflex Inc. (TFX) Wednesday announced a positive result for its Arrow Central Venous Catheter or CVC with ARROWg+ard Blue Technology. According to the latest published research, it can reduce both catheter-related...
Mondo Visione  Jul 6  Comment 
This informs how TFX will deal with new framework for Monetary Policy Meetings (MPMs) of Bank of Japan (BOJ) has announced on June 19th, 2015 which will reduce the frequency of MPMs to 8 times a year. Currently underlying asset for TFX`s...
Market Intelligence Center  Jun 29  Comment 
MarketIntelligenceCenter.com's patented trade-picking algorithms have identified an attractive covered-call trade on Teleflex Inc (TFX). Look at the Jan. '16 $135.00 covered call for a net debit in the $131.76 area. This trade has a duration of...
Benzinga  May 22  Comment 
Analysts at Stephens & Co. upgraded Teleflex Incorporated (NYSE: TFX) from Equal-weight to Overweight. The price target for Teleflex has been raised from $126.00 to $147.00. Teleflex shares have gained 22.43 percent over the past 52 weeks,...
newratings.com  May 21  Comment 
WASHINGTON (dpa-AFX) - Teleflex Inc. (TFX) will provide longer-term financial goals and objectives through 2018, reaffirm Previously provided 2015 financial outlook and discuss the business plans and strategic initiatives that are expected to...




 

Teleflex is a manufacturing conglomerate that earns most of its money making disposable medical supplies like catheters and oxygen masks. Although medical devices made up 77% of 2009 revenue of $1.89 billion,[1] the company makes a host of other industrial products, from jet engine blades and airline baggage systems, to boat and commercial truck engine parts.

Revenue from Teleflex's aerospace products is dependent on the commercial airline industry demand for aircraft parts. The FAA predicts new commercial aircraft construction will slow in the future[2] because of weakness in the overall economy and among passenger airlines specifically. However, the Aerospace segment only made up 10% of Teleflex's 2009 revenues.[1]

Business Financials

The company's revenue decreased from $2.1 billion in 2008 to $1.89 billion in 2009.[3] However, its operating profit remained relatively flat, as its operating revenue in 2009 was $336 million in 2009, compared to $340 million in 2008.

Medical (77%% of 2009 Revenue)

Teleflex’s Medical segment businesses produce devices used in surgeries, critical care, and cardiac care, as well as parts and instruments for other companies’ medical devices. The largest revenue source in this segment is Critical Care Products, which sells under the names Arrow, Rüsch, HudsonRCI, Gibeck and Sheridan. The next largest revenue source in this segment is Surgical Products, which sells under the names Deknatel, Pleur-evac, Pilling, Taut and Weck. The third revenue source in this segment is Devices for Original Equipment Manufacturers, which sells under the names TFX OEM, Beere, Deknatel, KMedic, and SMD.

The products in the Medical segment are manufactured in the Czech Republic, Germany, Malaysia, Mexico and the United States and sold to hospitals and healthcare providers all over the world.

Aerospace (10% of 2009 Revenue)

Revenue in the Aerospace segment comes from engine repair products and cargo handling systemst for commercial aviation. Engine Repair produces parts and services for flight turbines through a majority-owned venture with GE Aircraft Engines called AirFoil Technologies International (ATI). Cargo Handling Systems and Equipment acquired Nordisk Aviation Products in November 2007 to improve global market presence and produces cargo systems and spare parts under both the names Nordisk and Telair. Major sites for the Aerospace segment are in England, Germany, Norway, Singapore and the United States.

Commercial (13% of 2009 Revenue)

The Commercial segment produces driver controls and engine and drive assemblies for boats, as well as fuel management systems for automotive, rail, and industrial vehicles, and rigging products. Manufacturing sites are in Canada, Europe, Singapore, and the United States. The Marine part of this segment sells products under the names Teleflex Marine, SeaStar, BayStar, and Sierra. Fuel Management systems are sold under the names ComfortPro, Proheat, and Teleflex GFI. Rigging systems produces cables and other rigging equipment for applications such as oil drilling and marine transportation.

Normally I'm against kilnlig but this article slaughtered my ignorance.

I don't really want have to give away my life shoippng habits again for penny in a pound and carry around another loyalty card. So I guess these are good initiatives from Asda trying to become closer to it's people'.Ailespy blog, I have just seen some videos of Paul who used to work at the same place as me last year before moving to Asda. Great find!

References

  1. 1.0 1.1 TFX 10-K 2009 Item 7 Pg. 33
  2. "FAA predicts stalling airline demand for FY2008." eTurboNews. March 16, 2008
  3. TFX 10-K 2009 Item 7 Pg. 34
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