TORONTO — Celestica announced that it saw revenues of $2.04 billion in the fourth quarter, an increase of 35% compared to the $1.51 billion in revenues for the fourth quarter of 2021. 

The company also reported $7.25 billion in revenue for the full year, a 29% increase over 2021. For the first quarter of 2023, the company is projecting $1.725 billion to $1.875 billion in revenue, and total revenues of at least $7.5 billion for the entire year.

“We are very pleased with the strength and consistency of our financial results," said Celestica President and CEO Rob Mionis. "This performance is made possible by the exceptional efforts of the global Celestica team, in the context of a challenging environment. As we look ahead to 2023, we expect to build on the successes of this past year, and continue to advance our long-term goals of generating revenue growth and improving our profitability."