Celestica Inc
TSX:CLS

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Celestica Inc
TSX:CLS
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Price: 448.61 CAD -0.33%
Market Cap: 51.6B CAD

Celestica Inc
Investor Relations

In the complex world of electronics manufacturing and design, Celestica Inc. stands as a pivotal player, seamlessly integrating engineering expertise with global manufacturing capabilities. Born out of IBM in 1994, Celestica has evolved into a dynamic corporation that caters to the technological demands of an array of industries. At the heart of Celestica's operations is its commitment to supply chain agility and innovation. It leverages its extensive network of facilities across the globe to design, manufacture, and assemble electronic products, all tailored to specific client needs. This global reach allows Celestica to manage resources efficiently and to scale its operations, helping companies bring their products to market swiftly and cost-effectively.

Celestica thrives by being more than just a manufacturer; it acts as a strategic partner that offers end-to-end solutions. Its revenue model hinges not only on production but also on providing services like engineering, design for manufacturability, prototyping, testing, and aftermarket support, including repair and logistics services. This diversification allows Celestica to capture a broad spectrum of the value chain, driving revenue streams that are as varied as its client list, which spans automotive, aerospace, telecommunications, and health tech sectors. By immersing itself deeply into the operational processes of its clients, Celestica ensures long-term partnerships, positioning itself as indispensable to companies navigating the intricacies of global electronics and technological commerce.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Oct 28, 2025
AI Summary
Q3 2025

Revenue Beat: Q3 revenue was $3.19 billion, up 28% year-over-year and above the high end of guidance, driven by strong demand in the communications segment.

Record Profitability: Adjusted EPS reached $1.58, up 52% and above guidance; non-GAAP operating margin hit a record 7.6%, improving 80 basis points.

CCS Segment Strength: Connectivity and Cloud Solutions (CCS) revenue surged 43%. Communications end market revenue jumped 82%, beating guidance.

ATS Segment Flat: Advanced Technology Solutions (ATS) revenue fell 4% as expected, due to deliberate portfolio reshaping.

Raised 2025 Outlook: 2025 revenue guidance increased to $12.2 billion (from $11.55B); adjusted EPS guidance raised to $5.90 (from $5.50); free cash flow outlook also increased.

Strong 2026 Guidance: 2026 outlook calls for $16.0 billion in revenue (up 31%), $8.20 adjusted EPS (up 39%), and 7.8% non-GAAP operating margin.

AI/Data Center Tailwinds: Secular AI and cloud demand driving multiyear growth runway, with major program ramps forecasted through at least 2027.

Disciplined CapEx & Capital Allocation: CapEx expected at 2.0–2.5% of sales in 2026, with investments tightly tied to customer programs.

Key Financials
Revenue
$3.19B
Non-GAAP Operating Margin
7.6%
Adjusted EPS
$1.58
Adjusted Gross Margin
11.7%
Adjusted ROIC
37.5%
Free Cash Flow
$89M (Q3); $302M (YTD 2025)
ATS Segment Revenue
$781M
ATS Segment Margin
5.5%
CCS Segment Revenue
$2.41B
CCS Segment Margin
8.3%
Communications End Market Revenue
up 82%
Enterprise End Market Revenue
down 24%
HPS (High Performance Solutions) Revenue
$1.4B (Q3); $5B (2025 expected)
Inventory Balance
$2.05B
Cash Cycle Days
65 days
Capital Expenditures
$37M (Q3); $107M YTD; 1.2% of revenue YTD
Cash Balance
$306M
Gross Debt
$728M
Net Debt
$422M
Gross Debt to Adjusted EBITDA Leverage
0.8 turns
Year-to-date Share Buybacks
$115M
Adjusted Effective Tax Rate
20%
Other Earnings Calls

Management

Mr. Robert Andrew Mionis
President, CEO & Director
No Bio Available
Mr. Mandeep Chawla C.M.A., CPA
Chief Financial Officer
No Bio Available
Mr. Yann Louis Etienvre
Chief Operations Officer
No Bio Available
Mr. Jason Phillips
President of Connectivity & Cloud Solutions
No Bio Available
Mr. Douglas M. Parker
Chief Legal Officer & Corporate Secretary
No Bio Available
Mr. Craig Oberg
Vice President of Investor Relations & Corporate Development
No Bio Available
Ms. Leila Wong C.M.A., CPA
Chief Human Resources Officer
No Bio Available
Mr. Gavin Cato
Head & CTO of Hardware Platform Solutions
No Bio Available
Mr. Alok K. Agrawal
Chief Strategy Officer
No Bio Available
Mr. Paul Carpino
Vice President of Investor Relations
No Bio Available

Contacts

Address
ONTARIO
North York
5140 Yonge St Suite 1900
Contacts
+14164485800.0
www.celestica.com