Eaton recently announced its 2011 full-year financial report, which showed that its 2011 sales and profits have grown. In 2011, Eaton’s sales were US$16 billion, an increase of 17% year-on-year; net profit was US$13.5 billion, an increase of 45% year-over-year, and net profit per share was US$3.93, a year-on-year increase of 44%.
Eaton’s operating profit for the full year of 2011 was US$13.6 billion, a year-on-year increase of 42%, and operating profit per share was US$3.96, an increase of 41% over the same period of last year. Eaton expects the company’s operating profit per share for the first quarter of 2012 to be US$0.80 to US$0.90, and 2012 full-year operating profit to be US$4.15 to US$4.55. In view of the company's sales growth in 2011 achieved greater growth, the 2012 outlook is more optimistic, Eaton decided to increase the company's quarterly dividend by 12%, from $ 0.34 per share to $ 0.38 per share.
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