The Company manufactures, distributes and supplies industrial products in the fields of electrical engineering and electronics, mechanical engineering, precision mechanics as well as related sectors of engineering.
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I'm suspicious of the 33% growth rate that Yahoo Finance is quoting on this stock. That said, 12 times free cash flow is not too high a price to pay for Germany's "mini-GE." And the company pays me a nice 4.1% divvy while I wait for Mr. Market to notice the value here.