Operating margin (non-IFRS)*: 4.5% at the mid-point of our revenue and non-IFRS adjusted EPS guidance rangesĪdjusted SG&A (non-IFRS)*: $62 million to $64 millionįor Q4 2021, we expect a negative $0.11 to $0.17 per share (pre-tax) aggregate impact on net earnings on an IFRS basis for employee SBC expense, amortization of intangible assets (excluding computer software), and restructuring charges, and an non-IFRS adjusted effective tax rate of approximately 19% (which does not account for foreign exchange impacts or any unanticipated tax settlements).
IFRS revenue: $1.425 billion to $1.575 billion Our fourth quarter of 2021 (Q4 2021) guidance assumes consummation of the acquisition of PCI Private Limited (PCI) (described below) in November 2021, and incorporates our estimated impact of supply chain constraints. Repurchased and cancelled 2.1 million subordinate voting shares for $17.2 million under our normal course issuer bid (NCIB). IFRS earnings per share (EPS): $0.28, compared to $0.24 per share for Q3 2020.Īdjusted EPS (non-IFRS)*: $0.35, compared to $0.32 for Q3 2020.Īdjusted return on invested capital (non-IFRS)*: 15.2%, flat compared to Q3 2020.įree cash flow (non-IFRS)*: $27.1 million, compared to $15.8 million for Q3 2020. Lifecycle Solutions portfolio revenue (combined ATS segment and HPS revenue): increased 15% compared to Q3 2020, and represented 60% of total revenue, compared to 50% of total revenue for Q3 2020. Non-Cisco CCS revenue*** increased 2% compared to Q3 2020.
Operating margin (non-IFRS)*: 4.2%, compared to 3.9% for Q3 2020.ĪTS segment revenue: increased 12% compared to Q3 2020 ATS segment margin was 4.3%, compared to 3.7% for Q3 2020.ĬCS segment revenue: decreased 14% compared to Q3 2020 CCS segment margin was 4.1%, compared to 4.0% for Q3 2020 Revenue of our non-Cisco business** increased 6% compared to Q3 2020. Revenue: $1.47 billion, decreased 5% compared to $1.55 billion for the third quarter of 2020 (Q3 2020) As we approach the final months of 2021, we believe we are well positioned to continue building on our success, and we reaffirm our strong outlook for 2022.” Achievement of our revenue guidance for the fourth quarter of 2021 will represent a return to top-line growth, and achievement of our non-IFRS operating margin* mid-point guidance of 4.5% will set a new high-water mark for our business. We remain on track to complete our acquisition of PCI in November. “The fourth quarter of 2021 serves as an important inflection point in our business, as our focus now turns squarely to growth and maintaining the momentum we’ve built in recent quarters.
“Our performance in recent quarters serves as a validation of our long-term strategy and transformation actions in the face of a challenging and constantly evolving business environment.” Our non-IFRS operating margin* of 4.2% marks our seventh consecutive quarter of year-to-year improvement, and represents the highest operating margin in Celestica’s history as a publicly-traded company,” said Rob Mionis, President and CEO, Celestica. “Celestica’s strong third quarter performance reflects our consistent execution and the resiliency of our business, as we continue to successfully navigate challenges related to the pandemic and the global supply chain. (TSX: CLS) (NYSE: CLS), a leader in design, manufacturing and supply chain solutions for the world’s most innovative companies, today announced financial results for the quarter ended Septem(Q3 2021) †. 25, 2021 (GLOBE NEWSWIRE) - Celestica Inc. Shares outstanding unless otherwise noted.)