Garmin Ltd. operates in the Search and navigation equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Garmin Ltd. with three other
miscellaneous transportation equipment manufacturers in North America:
sales of $6.08 billion
of which 64%
of which 32%
was Infrastructure Safety), and
FLIR Systems, Inc.
of which 40%
Garmin Ltd. reported sales of $3.35 billion
December of 2018.
increase of 8.4%
versus 2017, when the company's sales were $3.09 billion.
This was the third consecutive year of growth at Garmin Ltd..
Sales of Aviation saw an increase
that was more than double the company's growth rate: sales were up
20.4% in 2018, from
$501.36 million to $603.46 million.
Garmin Ltd. also saw significant increases in sales in
Fitness (up 12.6% to $858.33 million)
Outdoor (up 15.9% to $809.88 million)
Marine (up 18.1% to $441.56 million)
Not all segments of Garmin Ltd. experienced an increase in sales in 2018:
sales of Auto/mobile fell 15.5% to $634.21 million.