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Zembat

07/30/14 11:04 AM

#368 RE: interloper #367

Thanks, quick flip maybe... ? Take a look at himx
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Zembat

08/05/14 9:22 PM

#374 RE: interloper #367

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=104789029


Still dropping... On watch.



TORONTO, July 24, 2014 /PRNewswire/ - Celestica Inc. (NYSE, TSX: CLS), a global leader in the delivery of end-to-end product lifecycle solutions, today announced financial results for the second quarter ended June 30, 2014.

Second Quarter 2014 Highlights
•Revenue: $1.472 billion, at the high end of the range of our guidance of $1.375 to $1.475 billion (announced April 23, 2014), increased 12% sequentially and decreased 2% compared to the second quarter of 2013
•IFRS EPS: $0.22 per share, compared to $0.15 per share for the second quarter of 2013
•Adjusted EPS (non-IFRS): $0.25 per share, within the range of our guidance of $0.20 to $0.26 per share (announced April 23, 2014), compared to $0.21 per share for the second quarter of 2013
•Operating margin (non-IFRS): 3.5%, compared to 2.9% for the second quarter of 2013
•Repurchased and cancelled 2.6 million subordinate voting shares for $27.1 million pursuant to a previously disclosed program share repurchase (PSR) under our Normal Course Issuer Bid (NCIB), which we pre-funded in February 2014. Funded another $17.0 million PSR in May 2014, pursuant to which 1.4 million subordinate voting shares were repurchased for cancellation on July 22, 2014
•Free cash flow (non-IFRS): $40.9 million, compared to $50.5 million for the second quarter of 2013
•Revenue dollars from our diversified end market grew 11% from the second quarter of 2013 to represent 28% of total revenue, up from 25% of total revenue for the second quarter of 2013

"Celestica delivered a solid second quarter with revenue and adjusted earnings per share at the higher end of our guidance driven primarily by demand strength from our communications end market. As a result of our revenue growth, strong operational performance and focus on continuous improvement, we achieved sequential improvements in operating margin, inventory turnover and free cash flow generation," said Craig Muhlhauser, Celestica's President and Chief Executive Officer. "As we look to the future, we remain confident in our strategy and ability to further accelerate our progress by leveraging our strong foundation of innovation and operational excellence through continued investments in people, capabilities, and technologies that will enable our customers' success."