TSX:CLSElectronic
Celestica’s Hyperscaler Bookings And CA$1b CAPEX Plan Underpin Growth Outlook
Celestica (TSX:CLS) reported strong Q4 results and a higher growth outlook for its Connectivity & Cloud Solutions segment.
The company outlined a CA$1b CAPEX plan that it expects to fund entirely with operating cash flow.
Record bookings from hyperscaler customers are supporting new long term revenue targets.
Celestica, trading at CA$401.83, has very large multi year returns, with the share price up 117.5% over the past year and more than 7x over the past three years. In that context, the...