Business
Celestica announces first quarter financial results
(All amounts in U.S. dollars. Per share information based on diluted shares outstanding unl...
About this update from Celestica Inc.
[{"type":"text","content":"\n\n\n\n\n\n(All amounts in U.S. dollars.\nPer share information based on diluted\nshares outstanding unless noted otherwise).\n\n\nTORONTO, April 23, 2013 /CNW/ - Celestica Inc. (NYSE, TSX: CLS), a\n global leader in the delivery of end-to-end product lifecycle\n solutions, today announced financial results for the first quarter\n ended March 31, 2013.\n\n\nFirst Quarter 2013 Highlights\n\n\n\nRevenue: $1.37 billion, within the range of our guidance of $1.325 to\n $1.425 billion (announced January 22, 2013)\n\n\nRevenue decreased 19%, compared to the first quarter of 2012, relatively\n flat after excluding revenue from Research In Motion Limited (RIM) for\n the first quarter of 2012\n\n\nIFRS EPS: $0.06 per share, compared to $0.20 per share for the first\n quarter of 2012\n\n\nAdjusted EPS (non-IFRS): $0.16 per share, within the range of our\n guidance of $0.11 to $0.17 per share (announced January 22, 2013)\n\n\nFree cash flow (non-IFRS): $13.5 million, compared to $44.4 million for\n the first quarter of 2012\n\n\nDiversified end market: 24% of total revenue, increased from 19% of\n total revenue for the first quarter of 2012\n\n\n\n\"Celestica delivered first quarter revenue consistent with our\n expectations, while achieving profitability at the high end of the\n guidance range driven through solid execution and disciplined cost\n management,\" said Craig Muhlhauser, Celestica President and Chief\n Executive Officer. \"With the overall economic outlook expected to\n remain challenging, we continue to focus our efforts on delivering\n value to our customers through strong operational performance, and on\n improving our financial performance through productivity improvements\n and effectively managing our costs and resources, while making the\n necessary investments to support our longer term objectives.\"\n\n\n\n\n\nFirst Quarter 2013 Summary\n\n\n\n\n \n\n\nThree months ended March 31\n\n\n\n\n \n\n\n2012\n\n\n \n\n\n2013\n\n\n\n\nRevenue (in millions).....................................\n\n\n$\n\n\n1,690.9\n\n\n \n\n\n \n\n\n$\n\n\n1,372.4\n\n\n \n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nIFRS net earnings (in millions) (i) ........................\n\n\n$\n\n\n43.2\n\n\n \n\n\n \n\n\n$\n\n\n10.5\n\n\n \n\n\n\n\nIFRS EPS(i)..............................