Skip to main content

Craig Muhlhauser, Celestica CEO, speaks at the company's annual general meeting in Toronto on April 24.


Celestica Inc. shares lifted 8.5 per cent Tuesday after the high-tech manufacturer reported first-quarter revenue of $1.7-billion (U.S.), at the top end of its expectations and in line with analysts' estimates.

The company's shares were up 71 cents at $9.07 in mid-morning trading on the Toronto Stock Exchange on Tuesday.

Celestica, which makes computer, communications and personal electronics products at factories around the world, had expected revenue of between $1.6-billion and $1.7-billion for the period ended March 31.

Story continues below advertisement

Celestica's net income was $43.2-million or 20 cents per share under International Financial Reporting Standards, up from $30-million or 14 cents per share.

After adjustments, Celestica's profit was $53.6-million or 25 cents per share, which was better than the company's guidance of between 18 to 24 cents per share.

Report an error
As of December 20, 2017, we have temporarily removed commenting from our articles. We hope to have this resolved by the end of January 2018. Thank you for your patience. If you are looking to give feedback on our new site, please send it along to If you want to write a letter to the editor, please forward to