Earnings report
Celestica Inc ($BER:CTW) is an industry-leading provider of design and manufacturing services to many of the world’s leading technology companies. On January 26, 2023, the company released their financial results for the fourth quarter of the fiscal year 2022, which ended on December 31, 2022. The results revealed that the company’s total revenue had increased by 32.9% year over year, amounting to USD 42.4 million.
Additionally, the company’s net income rose by 35.1% year over year, reaching USD 2042.6 million. This increase in net income was mainly attributed to the strong performance of the company’s core businesses and strategic acquisitions. This increase in liquidity was mainly attributed to better cash flow from operations and higher capital expenditure. Overall, Celestica Inc reported a strong performance in Q4 2022. The company reported a significant increase in both revenue and net income, as well as improved liquidity. This performance is a testament to the company’s successful business strategies and its ability to capitalize on current market trends.
Price History
On Thursday, CELESTICA INC announced its fourth quarter financial results for 2022, and the news was positive. Revenues for the company were up 32.9% year-on-year (Y/Y), reaching a total of USD2042.6 million. Net income was up 35.1% Y/Y, increasing to USD2042.6 million. The news was welcomed by investors, with CELESTICA INC stock opening at €12.1 and closing at €12.3, up by 1.7% from the prior closing price of €12.1. The strong financial performance was driven by CELESTICA INC’s focus on expanding its operations and increasing its share of the global market. The company has been investing heavily in research and development to develop new products and services, and the investments have paid off in terms of increased sales and profits. CELESTICA INC has also been actively pursuing strategic partnerships and acquisitions to enhance its capabilities and further strengthen its presence in the global market.
The strong financial performance of CELESTICA INC is a testament to its ability to remain competitive in a rapidly changing industry. The company has been able to consistently generate strong growth and profitability, despite the challenges posed by the pandemic and the broader macroeconomic environment. This is due to the company’s focus on innovation, customer service and cost-efficiency, which have allowed it to stay ahead of the competition. Overall, CELESTICA INC has demonstrated its ability to remain a leader in its industry, and investors have responded positively to the strong financial results for Q4 2022. The company is well-positioned for future growth, and investors should continue to monitor CELESTICA INC’s progress as it continues to expand its operations and increase its market share. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Celestica Inc. More…
| Total Revenues | Net Income | Net Margin |
| 7.25k | 145.5 | 2.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Celestica Inc. More…
| Operations | Investing | Financing |
| 297.9 | -108.9 | -208.5 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Celestica Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 5.63k | 3.95k | 13.8 |
Key Ratios Snapshot
Some of the financial key ratios for Celestica Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 7.2% | 39.5% | 3.6% |
| FCF Margin | ROE | ROA |
| 2.6% | 10.1% | 2.9% |
Analysis
GoodWhale has conducted an analysis of CELESTICA INC‘s wellbeing and found that it is a medium risk investment in terms of financial and business aspects. After evaluating the company, Risk Rating assigned a medium risk rating to CELESTICA INC. GoodWhale also detected two risk warnings in CELESTICA INC’s income sheet and balance sheet. GoodWhale strives to provide investors with the most accurate assessment of a company’s risk level, offering a comprehensive analysis of the company’s financials. This includes analyzing income sheets and balance sheets, as well as looking at other financial metrics such as cash flows, assets, liabilities, and more. GoodWhale also looks at a company’s business operations, such as management, strategy, sales, and customer service. Investors should be aware that a company’s risk rating is not an indication of future performance. It is simply an assessment of the current financial risk that the company faces. Investors should always conduct their own research before investing in any company to determine if it is a suitable investment for them. GoodWhale provides investors with insight into the financial health of CELESTICA INC. To learn more about the company’s risk rating and risk warnings, register on goodwhale.com. More…
Summary
CELESTICA INC has been experiencing strong growth in recent quarters, with their fourth quarter of the fiscal year 2022 being no exception. Total revenue increased by 32.9% year over year, reaching USD 42.4 million, while net income rose by 35.1% year over year, amounting to USD 2042.6 million. This performance has been driven by the company’s expanding customer base and efficient cost management, allowing them to remain competitive in the industry. For investors, CELESTICA INC presents a promising opportunity for growth. The company has a strong balance sheet, with a healthy debt-to-equity ratio and adequate liquidity.
In addition, CELESTICA INC has been actively investing in research and development activities to remain at the forefront of the industry. This has allowed them to maintain their competitive edge and capitalize on opportunities for growth. Furthermore, the company has been looking for potential acquisitions in order to expand their product portfolio and market reach. Overall, CELESTICA INC is an attractive investment opportunity for those seeking a return on their capital. The company’s strong financial performance, combined with its strategic investments, should ensure continued growth in the near future.
