FRANKLIN PARK, Ill.--(BUSINESS WIRE)--Del Global Technologies Corp. (OTCBB: DGTC) (“Del Global” or “the Company”) today announced financial results for its fiscal 2007 fourth quarter and year ended July 28, 2007.
Consolidated net sales for the fourth quarter of fiscal 2007 increased 29.2% to $31.0 million from $24.0 million in the fourth quarter of fiscal 2006, due to higher sales at the Medical Systems Group and the Power Conversion Group (“RFI”). Net sales at the Medical Systems Group rose 29.4% to $27.3 million from $21.9 million in the comparable prior year period. Sales were favorably impacted by growth in international markets for Del Global’s Apollo product line. Sales at RFI rose 19.0% to $3.7 million from $3.1 million in the prior year period due to increased customer demand during the period.
