Celestica Inc. (CLS,CLS.TO) reaffirmed the company's fourth quarter revenue and non-IFRS adjusted earnings per share financial guidance. The company updated its near-term expectations.
Celestica expects 2020 JDM revenue to exceed $800 million, up over 80% compared to 2019. JDM revenue is projected to continue to grow in 2021, albeit at a lower rate.
Celestica said the company is on track to generate at least $100 million of non-IFRS free cash flow in 2020; also anticipating to achieve this goal in 2021.
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.