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TELEFLEX REPORTS INCREASED SECOND QUARTER AND FIRST HALF RESULTS

 TELEFLEX REPORTS INCREASED SECOND QUARTER AND FIRST HALF RESULTS
 PLYMOUTH MEETING, Pa., July 16 /PRNewswire/ -- Teleflex Incorporated (AMEX: TFX) today reported that revenues for the second quarter ended June 28, 1992, increased by 27 percent to $148,835,000 compared to $116,957,000 for the same three months last year.
 Net income increased 8 percent to $8,581,000 or $.50 per share for the quarter versus $7,926,000 or $.47 per share for the same period in 1991.
 Revenues for the first six months of 1992 increased 23 percent to $281,649,000 compared to $229,333,000 last year. Net income increased 7 percent to $16,539,000 or $.97 per share compared to $15,416,000 or $.92 per share for the same period in 1991.
 Lennox K. Black, chairman and chief executive officer, said, "Excellent gains in our commercial businesses coupled with good results in our medical segment, more than offset weakness in aerospace caused by the slowdown in both the defense and the commercial aviation sectors of that industry."
 TELEFLEX INCORPORATED
 (Unaudited)
 Three months ended June 28, 1992 June 30, 1991
 Revenues $148,835,000 $116,957,000
 Income before taxes 13,033,000 11,937,000
 Net income 8,581,000 7,926,000
 Earnings per share $.50 $.47
 Average shares outstanding 17,157,000 16,846,000
 Six months ended June 28, 1992 June 30, 1991
 Revenues $281,649,000 $229,333,000
 Income before taxes 25,136,000 23,285,000
 Net income 16,539,000 15,416,000
 Earnings per share $.97 $.92
 Average shares outstanding 17,126,000 16,770,000
 Teleflex is a diversified manufacturer with interests in three major business segments: aerospace, medical and commercial. The company specializes in solving engineering problems by the development and application of its proprietary technologies in these three markets.
 /delval/
 -0- 7/16/92
 /CONTACT: Janine Dusossoit of Teleflex, 215-834-6301/
 (TFX) CO: Teleflex Incorporated ST: Pennsylvania IN: ARO MTC SU: ERN


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Publication:PR Newswire
Date:Jul 16, 1992
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