Business
Celestica Announces Fourth Quarter and Fiscal Year 2013 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(All amounts in U.S. dollars.\nPer share information based on diluted\nshares outstanding unless otherwise noted.)\n\n\nTORONTO, Jan. 30, 2014 /CNW/ - Celestica Inc. (NYSE, TSX: CLS), a global\n leader in the delivery of end-to-end product lifecycle solutions, today\n announced financial results for the fourth quarter and fiscal year\n ended December 31, 2013.\n\n\nFourth Quarter 2013 Highlights\n\n\n\nRevenue: $1.437 billion, within the range of our guidance of $1.4 to\n $1.5 billion (announced October 22, 2013), decreased 4% compared to the\n fourth quarter of 2012\n\n\n\n\nIFRS EPS: $0.12 per share, compared to $0.04 per share for the fourth\n quarter of 2012\n\n\n\n\nAdjusted EPS (non-IFRS): $0.24 per share, within the range of our\n guidance of $0.20 to $0.26 per share (announced October 22, 2013),\n compared to $0.25 per share for the fourth quarter of 2012\n\n\n\n\nFree cash flow (non-IFRS): $23.7 million, compared to $90.2 million for\n the fourth quarter of 2012\n\n\n\n\nDiversified end market: 27% of total revenue, increased from 23% of\n total revenue for the fourth quarter of 2012\n\n\n\n\nRepurchased and cancelled 2.4 million subordinate voting shares under\n our Normal Course Issuer Bid (NCIB)\n\n\n\nFiscal Year 2013 Highlights\n\n\n\nRevenue: $5.8 billion, down 11% from 2012\n\n\n\n\nRevenue increased 1% on a non-IFRS basis compared to 2012 after\n excluding revenue from BlackBerry Limited for 2012\n\n\n\n\nIFRS EPS: $0.64 per share, compared to $0.56 per share for 2012\n\n\n\n\nAdjusted EPS (non-IFRS):  $0.83 per share, compared to $0.98 per share\n for 2012\n\n\n\n\nFree cash flow (non-IFRS):  $98.1 million, compared to $211.4 million\n for 2012\n\n\n\n\nDiversified end market: 25% of total revenue, increased from 20% of\n total revenue for 2012\n\n\n\n\nRepurchased and cancelled 4.1 million subordinate voting shares under\n our NCIB\n\n\n\n\n\n\n\"Celestica delivered fourth quarter revenue and operating margin in-line\n with our guidance,\" said Craig Muhlhauser, Celestica President and\n Chief Executive Officer. \"We continued to improve profitability\n throughout 2013, despite a challenging business environment. We also\n delivered value to our shareholders through share repurchases, while\n continuing to make the necessary investments in support of our\n long-term strategy.\"\n\n\n\...