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Stock impact report

AVX Corporation Announces Preliminary Fourth Quarter and Fiscal Year Results

AVX (AVX) 
Last avx earnings: 1/23 08:30 am Check Earnings Report
US:NYSE Investor Relations: investorrelations.avx.com
Company Research Source: Business Wire
FOUNTAIN INN, S.C.--(BUSINESS WIRE)-- AVX Corporation (NYSE: AVX) today reported preliminary unaudited results for the fourth quarter and fiscal year ended March 31, 2019. Chief Executive Officer and President, John Sarvis, stated, “We completed our fiscal year with net sales of $1,791.8 million, reflecting a 14.7 percent increase over the previous year. Our gross profit of $482.9 million, or 27.0 percent gross profit margin reflects solid operating performance, positively influenced by our operational efficiency programs, as well as improved pricing in the market when compared to the prior fiscal year. We continue to focus on providing our customers with the value added electronic components and interconnect, sensing and control devices they require in today’s sophisticated electronic products as well as our continued commitment to cost control in our operations. We are making necessary investments in manufa Show less Read more
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