RY 174.39 2.4016% SHOP 149.115 2.5974% TD-PFM 24.63 -0.0811% TD-PFL 24.7 0.2028% TD 78.325 0.1214% ENB 60.6 1.3039% BN 80.4 1.9787% TRI 226.27 0.7525% CNQ 48.285 2.2771% CP 104.53 1.6038% CNR 151.74 1.5459% BMO 132.69 0.9203% BNS 78.845 0.1715% CSU 4600.2002 2.157% CM 91.15 0.474% MFC 45.79 1.6878% ATD 78.38 1.5285% NGT 60.14 0.0499% TRP 70.15 1.977% SU 57.44 0.5954%
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Celestica's (TSX: CLS) Q1FY24 revenue surges 20.2%, net income soars 311.7%
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Highlights
Celestica Inc (TSX: CLS) excels in high-reliability design, manufacturing, and supply chain solutions, offering global expertise throughout product development. The company operates in two segments:
In the first quarter of FY2024, Celestica’s revenue increased to US$ 2,208.9 million compared to US$ 1,837.8 million in the previous corresponding period (pcp), demonstrating a year-on-year increment of 20.2%. The company’s net income also surged by 311.7% in the same period. Moreover, the company’s adjusted free cash flow also increased to US$ 65.2 million in Q1 2024, against US$ 9.2mn in pcp.
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