The analysts are optimistic on recovery and increasing momentum being experienced by the Company in its mid and later cycle businesses, expected to continue throughout 2011, and a strong early cycle business. Business trends are continuing to improve in key areas such as utilities, industrial and retrofit lighting. Cooper's cost cutting efforts are continuing to pay dividends and the gross margin in 3Q10 increased sequentially despite lower sequential revenues. Growth in 2011 will be further aided by Cooper’s underleveraged balance sheet and robust free cash flow generation capabilities, helping the Company to make strategic acquisitions and enhance share repurchase activity.
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