Hubbell Inc. announced unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2014. For the quarter, the company's net sales were USD 848.8 million against USD 806.6 million a year ago. Operating income was USD 126.1 million against USD 126.2 million a year ago. Income before income taxes was USD 118.3 million against USD 116.5 million a year ago. Net income attributable to the company was USD 81.3 million against USD 82.0 million a year ago. Diluted earnings per share were USD 1.38 against USD 1.38 a year ago. Free cash flow was USD 135.5 million against USD 137.5 million a year ago.

For the year, the company's net sales were USD 3,359.4 million against USD 3,183.9 million a year ago. Operating income was USD 517.4 million against USD 507.6 million a year ago. Income before income taxes was USD 485.5 million against USD 473.8 million a year ago. Net income attributable to the company was USD 325.3 million against USD 326.5 million a year ago. Diluted earnings per share were USD 5.48 against USD 5.47 a year ago. Net cash provided by operating activities was USD 391.5 million against USD 381.8 million a year ago. Capital expenditure was USD 60.3 million against USD 58.8 million a year ago. Net debt was USD 106.8 million as on December 31, 2014 against USD 189.1 million as on December 31, 2013. Free cash flow was USD 331.2 million compared to USD 323.0 million a year ago.

For the year 2015, the company expects overall sales to increase 5% to 7% with acquisitions contributing between 5% to 6%. The company expects earnings per diluted share to be in the range of USD 5.35- USD 5.55 which includes approximately USD 0.25 of restructuring and related costs.