Kimball sees double digit growth for Q3
EMS-provider Kimball Electronics experienced double digit growth in net sales during its third quarter of 2015.
Donald D. Charron, Chairman and CEO, stated, “Solid growth in all four end market verticals helped us achieve year over year double digit growth for the third consecutive quarter, as well as excellent operating results. We were particularly pleased with the results in our automotive vertical where stronger than expected sales to the China market helped us more than fill in the hole created by the earlier reported loss of the Johnson Controls (JCI) business. The final JCI products were substantially completed last quarter and we continue to be encouraged by the progress that we are making to replace this business.”