Flex Ltd (OQ:FLEX)

Business Focus: Electronic Equipment & Parts

Sector:  Technology Industry:  Electronic Equipment & Parts
 
See Regulatory Filings on SEC
Company Contact
Address: 2 Changi South Lane
486123
Tel: 1-408-5767985
Website: https://flex.com
IR: See website
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Key People
Michael D. Capellas
Independent Chairman of the Board
David P. Bennett
Chief Accounting Officer
Paul J. Humphries
President - High Reliability Solutions
Revathi Advaithi
Chief Executive Officer, Director
Christopher E. Collier
Chief Financial Officer
Francois P. Barbier
President - Global Operations & Components
Douglas M. Britt
President - Flex Integrated Solutions
Raejeanne Skillern
President, Communications and Enterprise Compute
Phil Ulrich
Chief Human Resource Officer
Scott Offer
Executive Vice President, General Counsel
   
Business Overview
Flex Ltd, formerly Flextronics International Ltd. provides design, engineering, manufacturing, and supply chain services and solutions. The Company designs, builds, ships and services packaged consumer electronics and industrial products for original equipment manufacturers (OEMs). Its segments include High Reliability Solutions (HRS), Consumer Technologies Group (CTG), Industrial and Emerging Industries (IEI) and Communications & Enterprise Compute (CEC). The HRS segment consists of its medical business, automotive business, and defense and aerospace businesses. The CTG segment includes its mobile devices business, consumer electronics business and high-volume computing business. The IEI segment consists of semiconductor and capital equipment, office solutions, household industrial and lifestyle, industrial automation and kiosks, energy and metering, and lighting. The CEC segment includes radio access base stations, remote radio heads, and small cells for wireless infrastructure.
Financial Overview
For the fiscal year ended 31 March 2019, Flex Ltd revenues increased 3% to $26.21B. Net income decreased 78% to $93.4M. Revenues reflect India segment increase from $609M to $1.81B, Other Foreign segment increase of 6% to $5.94B. Net income was offset by Other charges (income), net increase from $169.7M (income) to $110.4M (expense), Restructuring charges increase of 48% to $99M (expense).
Employees: 200,000 as of Mar 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $6,487M as of Mar 31, 2019
Annual revenue (TTM): $26,211M as of Mar 31, 2019
EBITDA (TTM): $1,367M as of Mar 31, 2019
Net annual income (TTM): $93.40M as of Mar 31, 2019
Free cash flow (TTM): -$3,697M as of Mar 31, 2019
Net Debt Last Fiscal Year: $1,358M as of Mar 31, 2019
Shares outstanding: 513,926,093 as of Jun 14, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization