Hubbell Inc. Revises FY 2012 Guidance
Hubbell Inc. announced that based upon anticipated stronger demand in the utility and industrial markets as well as the impact of recent acquisitions, it now expect overall sales to increase in the 6% to 8% range in fiscal 2012. The sales comparisons versus fiscal 2011 are likely to be easier in the first half of 2012 and become more difficult as the year progresses. This improved outlook is due to the fiscal 2012 acquisitions and stronger underlying demand in the industrial market.
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