- THE MAGAZINE
“The second quarter was another strong quarter for AVX,” said John Gilbertson, president and CEO. “Sales grew 8.6% sequentially and 38.7% compared to the same quarter last year, reflecting strengthening demand in a diverse range of our served end markets. Our continued focus on operating leverage and higher value-added components enabled us to further expand operating margins to 28.4% in the quarter, up from 25.9% in the previous quarter and 20.8% last year.”
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