Ametek, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 03, 2021 at 11:55 am
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AMETEK, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was USD 1,386.346 million compared to USD 1,011.922 million a year ago. Operating income was USD 316.611 million compared to USD 226.990 million a year ago. Net income was USD 231.679 million compared to USD 166.217 million a year ago. Basic earnings per share from continuing operations was USD 1 compared to USD 0.73 a year ago. Diluted earnings per share from continuing operations was USD 1 compared to USD 0.72 a year ago.
For the half year, sales was USD 2,602.088 million compared to USD 2,214.140 million a year ago. Operating income was USD 609.956 million compared to USD 459.030 million a year ago. Net income was USD 450.912 million compared to USD 446.833 million a year ago. Basic earnings per share from continuing operations was USD 1.96 compared to USD 1.95 a year ago. Diluted earnings per share from continuing operations was USD 1.94 compared to USD 1.94 a year ago.
AMETEK, Inc. is one of the world's leaders in manufacturing and marketing electronic instruments and electromechanical devices. Net sales break down by family of products as follows:
- electronic instruments (70.1%): instruments and screens for aircrafts cockpits, airborne electronic systems of data surveillance and registering, pressure, temperature and flow sensors for airline companies and aeronautical manufacturers, analysis devices for the medical and research sectors, measurement and surveillance instruments used in the processing industries, instruments and dashboards for heavy trucks and agricultural vehicles, etc.;
- electromechanical devices (29.9%): brushless motors, heat exchangers, connectors, terminals, thermal management subsystems, motors-blowers, etc. primarily for the aeronautic, automotive, medical, computing and defense sectors. The group also provides metal powders and alloys for the manufacturing of electronic components and automotive and aeronautic products.
At the end of 2023, the group had more than 150 production sites worldwide.
Net sales are distributed geographically as follows: United States (52.6%), Asia (20.9%), United Kingdom (3.3%), European Union (14.3%) and others (8.9%).
AMETEK, INC. 
