UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 5, 2012
TE CONNECTIVITY LTD.
(Exact Name of Registrant as Specified in its Charter)
Switzerland |
|
98-0518048 |
(Jurisdiction of Incorporation) |
|
(IRS Employer |
001-33260
(Commission File Number)
Rheinstrasse 20
CH-8200 Schaffhausen
Switzerland
(Address of Principal Executive Offices, including Zip Code)
+41 (0)52 633 66 61
(Registrants Telephone Number, including Area Code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 2.02. Results of Operations and Financial Condition
On November 5, 2012, TE Connectivity Ltd. (the Company) issued a press release reporting the Companys fourth quarter and full year results for fiscal 2012. A copy of the press release is furnished as Exhibit 99.1 to this report and incorporated by reference in this Item 2.02.
Item 2.05. Costs Associated with Exit or Disposal Activities
On November 5, 2012, the Company announced its intent to initiate restructuring actions in response to the weaker than expected economic environment by consolidating manufacturing operations and instituting reductions in force that will impact all geographic regions. The Company expects to incur approximately $200 million in charges during fiscal year 2013 of which approximately $100 million is expected to be incurred in the current quarter. These actions are expected to be completed in fiscal year 2015.
Item 7.01. Regulation FD Disclosure
The Company will hold a conference call and webcast on November 5, 2012 (see information in the press release attached hereto as Exhibit 99.1 under Conference Call and Webcast). A copy of the slide materials to be discussed at the conference call and webcast is being furnished pursuant to Regulation FD as Exhibit 99.2 and is incorporated herein by reference, and the slide materials also can be accessed at the Investors section of the Companys website (www.te.com).
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
Exhibit |
|
Description |
|
|
|
99.1 |
|
Press release issued November 5, 2012 |
|
|
|
99.2 |
|
Presentation TE Connectivity Q4 2012 Earnings Call (November 5, 2012) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|
TE CONNECTIVITY LTD. | |
|
(Registrant) | |
|
| |
|
By: |
/s/ Robert W. Hau |
|
|
Robert W. Hau |
|
|
Executive Vice President and Chief Financial Officer |
Date: November 5, 2012