In a press release, Jack Oehlke, president and chief executive,
credited growth to higher sales to existing customers for specialty
printer accessories and components, and
gaming technology.
The firm said it will add capacity in China and Mexico. "[We] plan to expand
capacity in Mexico by buying the building adjacent to our existing
facility in Juarez during the fourth quarter of fiscal 2005," Oehlke said. "We also
are investing in our worldwide printed circuit board operations to
ensure compliance with new environmental regulations."
Key Tronic guided for fiscal fourth quarter revenue
to increase five to 10% sequentially and earnings of $0.08 to $0.12 per share.
Key Tronic will host a conference call today to discuss its financial results at 2:00 PM Pacific (5:00 PM Eastern). A broadcast of the conference call will be available at www.keytronic.com under "Investor Relations" or by calling 800-218-0204 or +1 303-262-2211. A 48-hour replay will be available by calling 800-405-2236 or +1 303-590-3000 (Reservation No. 11027377). A replay will also be available on the Company's Web site.
About Key Tronic