celestica presentation
TRANSCRIPT
William Kim
Located in Toronto, ON. Celestica is a multinational electronics manufacturing services (EMS) company that operates a global manufacturing network operations in Asia, Europe, and the Americas, providing a broad range of integrated services and solutions leading to OEMs (original equipment manufacturers).
Company Information
Celestica Location
Products/Services Offered: ◦ Computing
communications◦ aerospace and
defence◦ Consumer
Electronics◦ Industrial◦ automotive
electronics
Awards Won◦ Top 100 Information
Technology Company Award 2008
◦ Best Plant Management, China Lead Competition
◦ Cisco, Outstanding Partnership Award
◦ Honeywell, Most Valuable Player Award
◦ Hitachi, Excellent Partner Award (2007)
Company Information
Computer Processors being made…
Celestica was incoroporated as a wholly-owned subsidiary of IBM in January, 1994.
The company went public, under Onex Corporation’s ownership, in October 1996.
Where Celestica has come from: An OEM heritage of 75 years. A strong history of proven expertise and experience providing
manufacturing services. One of the largest technology IPOs in Canadian history, and the
largest in EMS history. Multiple mergers and acquisitions. A dynamic operating network across multiple geographies. Emergence into un-tapped markets.
Brief History of the Company
1997 - acquired Design to Distribution, one of Europe’s largest independent EMS providers.
1998 –Completed the eight acquisition of the year and twelfth since their divestiture.
1999 – Celestica was added to the Toronto Stock Exchange's TSE 300 Composite Index and TSE 100 Index.
2000 – announced a strategic EMS alliance with Motorola, for the manufacture of wireless telecom products. The deal included a supply agreement with an estimated value of more than US$1 billion over a three-year period
2002 - Announced a five-year strategic manufacturing agreement with Lucent worth up to USD $10 billion. This was our largest supply deal to date. The deal rendered Celestica the leading EMS provider for Lucent's North American switching, access and wireless networking systems products.
2005 - acquired Displaytronix, a leader in flat-panel display repair services, a strategic initiative to help grow our end-to-end, after-market services offering.◦ also acquired Ramnish Electronics, an EMS provider located in Hyderabad,
India. 2008 - Celestica wins CIO 100 Award from CIO Magazine for its innovative use
of information technology to drive flexibility, visibility and simplicity through the supply chain
Timeline of International Trade
Revenue: 8.07 billion USD (2007) Net Income: 14 million USD (2007) Employees: 26,000 Number of Locations: Over 40
manufacturing network comprises in the Americas, Europe and Asia
Size of The Company
Extent of International Business
Motto: Solid partners, flexible solutions Mission Statement: Celestica is dedicated to
building solid partnerships and providing flexible solutions to enable our customers' success. We are adaptive and agile and help customers anticipate and prepare for unexpected changes.
Celestica Brand: Adaptive, Agile, Savvy
The Scope
Letters to ShareholdersSee Article 52-109F2 –Certification of interim fillings CEO
Canada: 2 locations Mexico: 2 locations USA: 7 locations Czech Republic: 2 locations Ireland: 1 location Romania: 1 location Spain: 1 location Switzerland: 1 location China: 7 locations Japan: 3 locations Korea: 1 location Malaysia: 3 locations Singapore: 2 locations Thailand: 1 location
International Locations around the World
Article 1 : October 22, 2009 TORONTO, Canada - Celestica Inc. (NYSE, TSX: CLS), a global leader in the
delivery of end-to-end product lifecycle solutions, today announced financial results for the third quarter ended September 30, 2009.
Revenue of $1,556 million, compared to $2,031 million for the same period last year
GAAP loss of $0.6 million or $0.00 per share, compared to GAAP net earnings of $32.1 million or $0.14 per share last year
Adjusted net earnings of $0.17 per share, compared to $0.24 per share for the same period last year
Return on invested capital, including intangibles, of 21.9%, compared to 13.9% last year
Operating margin of 3.4%, compared to 3.2% last year Adjusted gross margin of 7.0%, compared to 7.4% last year Cash flow from operations of $146 million, free cash flow of $139 million Fourth quarter revenue guidance of $1.55 billion - $1.70 billion, adjusted
net earnings per share of $0.14 - $0.20
Source: http://www.celestica.com/News/News.aspx?id=2514
Recent Events From Celestica
Article 2: November 03, 2009 has completed the redemption of all of its
outstanding 7.875% Senior Subordinated Notes due 2011 (the “Notes”).
The company used US$355.2 million of its existing cash resources to settle the outstanding principal amount of the Notes of US$339.4 million at a price of 101.969% plus accrued and unpaid interest to the redemption date.
Source: http://www.celestica.com/News/News.aspx?id=2528
Recent Events From Celestica
TORONTO, Canada - Celestica Inc. ("Celestica") (NYSE, TSX: CLS), a global leader in the delivery of end-to-end product lifecycle solutions, today announced that Onex Corporation (“Onex”) and certain of its affiliates have completed their previously announced secondary offering of 11,000,000 Subordinate Voting Shares (“SVS”) of Celestica, which were sold to a syndicate of underwriters led by CIBC and qualified for distribution under a short form prospectus of Celestica. Celestica did not receive any proceeds from the secondary offering.
Onex and its affiliates now own 100% of the Multiple Voting Shares (“MVS”) of Celestica and approximately 0.8% of the Subordinate Voting Shares of Celestica representing an approximately 8% economic interest in, and approximately 69% voting control of, Celestica. The number of outstanding shares of Celestica remains unchanged at approximately 229.9 million shares; consisting of approximately 211 million SVS and approximately 18.9 MVS
http://www.celestica.com/News/News.aspx?id=2508
Recent Events From Celestica
ConclusionCelestica Statement
Celestica is dedicated to delivering end-to-end product lifecycle solutions to drive our customers’ success.
Through their simplified global operations network and information technology platform, we are solid partners who deliver informed, flexible solutions that enable our customers to succeed in the markets they serve.
Committed to providing a truly differentiated customer experience, their agile and adaptive employees share a proud history of demonstrated expertise and creativity that provides our customers with the ability to overcome any challenge.
Thank you!