Ad
Ad
Ad
© adam121 dreamstime.com Electronics Production | September 25, 2015

Jabil delivers solid fourth quarter

Jabil Circuit reported fourth quarter net revenue of USD 4.7 billion and fiscal year net revenue of USD 17.9 billion.
"I am extremely pleased with our fiscal 2015 results and in particular the financial strength demonstrated as we exited the year. We exceeded nearly every financial target provided at the outset of the year, culminating with core earnings per share of USD 2.07 and free cash flow of approximately USD 300 million," said Mark T. Mondello, Chief Executive Officer. "Our strong cash generation provided us the financial flexibility to complete a number of strategic acquisitions, aggressively re-invest in the business and return approximately USD 150 million to shareholders via dividend and share repurchases," he added.

Fiscal 2015 Financial Highlights
  • Total Company revenue of USD 17.9 billion, an increase of 14% year-over-year.
  • Diversified Manufacturing Services revenue: USD 7.1 billion, an increase of 39% year-over-year.
  • Electronics Manufacturing Services revenue: USD 10.8 billion, an increase of 1% year-over-year.

U.S. GAAP operating income was USD 150.4 million. For fiscal year 2015, U.S. GAAP operating income was USD 555.4 million.

For the fourth quarter of fiscal year 2015, core operating income was USD 162.9 million. For fiscal year 2015, core operating income was USD 670.0 million.

Jabil's two reporting segments delivered the following revenue results for the company's fourth fiscal quarter: Diversified Manufacturing Services: USD 1.9 billion. Electronics Manufacturing Services: USD 2.8 billion.

Comments

Please note the following: Critical comments are allowed and even encouraged. Discussions are welcome. Verbal abuse, insults and racist / homophobic remarks are not. Such comments will be removed.
Further details can be found here.
Ad
Ad
Load more news