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Electronics Production |
Jabil's Q2 recorded a 4.3 % revenue increase
For the second quarter, Jabil reported revenue of USD 4.4 billion, an increase of 4.3 percent over the second quarter of fiscal 2012.
"We are pleased with these results for the quarter, despite the obviously challenging macro environment," said Jabil's Chief Executive Officer, Mark T. Mondello. "During the quarter we made great progress on the Nypro acquisition and believe the market opportunities of our combined capabilities are considerable," said Mondello. "We look forward to a successful completion of this deal in our fourth fiscal quarter."
Jabil's three reporting segments delivered the following year over year revenue results:
- Diversified Manufacturing Services grew 11 percent.
- Enterprise & Infrastructure increased 12 percent.
- High Velocity declined 15 percent.
- Diversified Manufacturing Services to remain consistent.
- Enterprise & Infrastructure to remain consistent.
- High Velocity to increase 13 percent.