Garmin

Garmin Reports EPS Growth in 4th Quarter 2013 with Strong Margin Performance; Proposes Dividend Increase

Garmin Ltd. announced results for the fiscal quarter ending Dec. 28, 2013.

Total revenue of $760 million in 4th quarter 2013 with non-automotive/mobile segments of outdoor, fitness, aviation and marine delivering 50 percent of total revenues and growing 14 percent over the year ago quarter.

Additionally, we had an operating margin of 23 percent with 69 percent of operating profit from the outdoor, fitness, aviation and marine segments. Specifically:

  • Outdoor segment revenue increased 2 percent for the year and 7 percent for the 4th quarter
  • Fitness segment revenue increased 11 percent for the year and 14 percent for the 4th quarter
  • Marine segment revenue increased 7 percent for the year and 13 percent for the 4th quarter
  • Aviation segment increased 16 percent for the year and 25 percent for the 4th quarter
  • Automotive/mobile segment revenue decreased 12 percent for the 4th quarter
Images protected under copyright by Garmin International

Rotate your phone to reveal this content.

Year Quarter News Releases Webcast Files Webcast Audio
2014 1st Quarter Listen April 30
2013 4th Quarter News Release Slides Transcript Listen Now
2013 3rd Quarter News Release Slides Transcript Listen Now
2013 2nd Quarter News Release Slides Transcript Listen Now
2013 1st Quarter News Release Slides Transcript Listen Now
2012 4th Quarter News Release Slides Transcript Listen Now
2012 3rd Quarter News Release Slides Transcript Listen Now
2012 2nd Quarter News Release Slides Transcript Listen Now
2012 1st Quarter News Release Slides Transcript Listen Now
2011 4th Quarter News Release Slides Transcript Listen Now
2011 3rd Quarter News Release Slides Transcript Listen Now
2011 2nd Quarter News Release Slides Transcript Listen Now
2011 1st Quarter News Release Slides, Outdoor/Fitness Detail Transcript
Year Annual Reports
2012 Annual Report 2012
2011 Annual Report 2011
2010 Annual Report 2010