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NEWS RELEASE
Littelfuse Inc.
8755 West Higgins Road, Suite 500
Chicago, Illinois 60631
p: (773) 628-1000 f: (773) 628-0802
www.littelfuse.com
LITTELFUSE REPORTS FOURTH QUARTER AND FULL YEAR RESULTS FOR 2018


CHICAGO, January 30, 2019 -
Littelfuse, Inc. (NASDAQ: LFUS), a global manufacturer of leading technologies in circuit protection, power control and sensing, today reported financial results for the fourth quarter and full year ended December 29, 2018:

Fourth Quarter 2018 Highlights
Net sales were $402.3 million, up 32% versus the prior year period. Organic revenue growth was 4%
Growth by segment versus the prior year:
Electronics sales increased 62% (up 7% organically)
Automotive sales decreased 3% on global auto production decline of 4% (down 1% organically)
Industrial sales decreased 3% due to the exit of the Custom business in 2018 (up 11% organically)
GAAP diluted EPS was $1.29, up from a loss of $0.48 in the prior year, and includes $14.7 million of after-tax charges primarily related to certain purchase accounting adjustments and integration costs for the IXYS business, and non-operating foreign exchange losses
Adjusted diluted EPS of $1.87 increased 3% over the prior year
GAAP effective tax rate was 17.9% and the adjusted effective tax rate was 14.6%
Cash flow from operations was $79.7 million and free cash flow was $60.9 million
During the fourth quarter and as of January 29, 2019, the company repurchased approximately 392,000 and 67,000 shares of common stock, respectively, under its share repurchase authorization

Full Year 2018 Highlights
Net sales were $1.72 billion, up 41% versus the prior year period, and up 8% organically
Growth by segment versus the prior year:
Electronics sales increased 70% (up 11% organically)
Automotive sales increased 6% on a small decline in global auto production (up 4% organically)
Industrial sales increased 8% (up 13% organically)
GAAP diluted EPS was $6.52, up 25% versus the prior year
Adjusted diluted EPS of $9.44 increased 22% versus the prior year
GAAP effective tax rate was 19.7% and the adjusted effective tax rate was 18.9%
Cash flow from operations was $331.8 million and free cash flow was $257.0 million, both records for the company
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The following information was filed by Littelfuse Inc De (LFUS) on Wednesday, January 30, 2019 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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