Amphenol Corp. - Ordinary Shares - Class A

Strong Financial Performance: Amphenol reported record first-quarter sales of $4,811 million, a 48% increase in U.S. dollars and a 33% organic growth compared to Q1 2024. Adjusted diluted EPS reached a record $0.63, up 58% year-over-year, demonstrating strong execution and operational leverage.

Robust Order Growth: The company achieved record orders of $5,292 million, a 58% increase year-over-year and 6% sequentially, leading to a favorable book-to-bill ratio of 1.1 to 1. This suggests strong ongoing demand across all end markets.

Challenges and Risks: The company faces potential risks related to tariffs as each region's general managers are under pressure to mitigate impacts and potentially pass some costs onto customers. There is caution regarding how this might affect profitability moving forward, although margins are expected to remain strong.