TORONTO – Celestica's revenue of $2.39 billion in the second quarter marked an increase of 23% compared to the same quarter last year.

The company projects revenue between $2.33 billion and $2.48 billion for the third quarter, and has raised its annual revenue projection to $9.45 billion from its previous outlook of $9.1 billion.

“We are pleased to deliver another quarter of very strong performance in Q2 2024, with revenue up 23% year-to-year and non-IFRS adjusted EPS up 65% year-to-year”. said Rob Mionis, president and CEO, Celestica. “With our strong performance in the first half of the year and favorable demand dynamics continuing, we are pleased to raise our full year 2024 outlook. We anticipate achieving revenue of $9.45 billion and non-IFRS adjusted EPS of $3.62 in 2024, which, if achieved, would represent 19% and 49% growth, respectively, compared to 2023. We continue to stay focused on solid execution for our customers, and delivering on our strategic priorities and financial targets.”