HUBBELL INC : Results of Operations and Financial Condition, Financial Statements and Exhibits (form 8-K)
October 27, 2020 at 08:16 am EDT
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ITEM 2.02 Results of Operations and Financial Condition.
On October 27, 2020, Hubbell Incorporated (the "Company") issued a press release
announcing results for the third quarter and nine months ended September 30,
2020.
The full text of the press release issued in connection with the announcement is
furnished as Exhibit 99.1 to this Current Report on Form 8-K and hereby
incorporated in this Item 2.02 by reference. The information in this Item 2.02,
including Exhibit 99.1 attached hereto, shall not be deemed "filed" for purposes
of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it
be deemed incorporated by reference in any filing under the Securities Act of
1933, as amended, except as shall be expressly set forth by specific reference
in such filing.
INFORMATION CONCERNING FORWARD-LOOKING STATEMENTS - Certain of the statements
contained in this report and the exhibit attached hereto, including, without
limitation, statements as to management's good faith expectations and belief are
forward-looking statements. Forward-looking statements are made based upon
management's expectations and belief concerning future developments and their
potential effect upon the Company. There can be no assurance that future
developments will be in accordance with management's expectations or that the
effect of future developments on the Company will be those anticipated by
management.
ITEM 9.01 Financial Statements and Exhibits.
EXHIBIT NO. DOCUMENT DESCRIPTION
99.1 * Press Release dated October 27, 2020 pertaining to the financial results of
the Company for the third quarter and nine months ended September 30, 2020.
101.INS XBRL Instance Document - The instance document does not appear in the
interactive data file because its XBRL tags are embedded within the inline XBRL
document.
101.SCH* XBRL Taxonomy Extension Schema Document
101.CAL* XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF* XBRL Taxonomy Extension Definition Linkbase Document
101.LAB* XBRL Taxonomy Extension Label Linkbase Document
101.PRE* XBRL Taxonomy Extension Presentation Linkbase Document
104* Cover Page Interactive Data File, (formatted as Inline XBRL and contained in
Exhibit 101)
Hubbell Incorporated specializes in the design, manufacture and distribution of equipment used in the transmission of electricity. Net sales break down by family of products as follows:
- equipment for electricity distribution networks (60.7%): switches, surge arresters, insulators, bushings, fastening and insulation systems, sensors, transformers, disconnectors, meters, devices for underground installations, equipment for power lines and poles, etc.;
- equipment for electrical installations (39.3%): switches, recharging stations, relays, fittings, contactors, sockets, resistors, wall plates, boxes, lighting systems, cable management systems, control panels, etc. used in the industrial, residential, IT, hospital, energy, telecommunications and other sectors.
At the end of 2023, Hubbell Incorporated has 52 production sites worldwide.
The United States accounts for 91.6% of net sales.