Sector: Technology | Industry: Electronic Equipment & Parts |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 2 Changi South Lane 486123 |
Tel: | 1-408-5774037 |
Website: | https://flex.com |
IR: | See website |
Key People | ||
Michael D. Capellas Independent Chairman of the Board | David P. Bennett Principal 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 six months ended 27 September 2019, Flex Ltd revenues decreased 6% to $12.26B. Net loss totaled $72.1M vs. income of $202.9M. Revenues reflect Consumer Technology Group segment decrease of 18% to $2.89B, Communications & Enterprise Compute segment decrease of 12% to $3.59B, China segment decrease of 15% to $2.9B, Other segment decrease of 6% to $2.75B. Net loss reflects Restructuring charges increase from $26.8M to $161.4M (expense). |
Employees: | 200,000 as of Mar 31, 2019 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $7,275M as of Sep 27, 2019 |
Annual revenue (TTM): | $25,340M as of Sep 27, 2019 |
EBITDA (TTM): | $1,414M as of Sep 27, 2019 |
Net annual income (TTM): | -$181.59M as of Sep 27, 2019 |
Free cash flow (TTM): | -$3,546M as of Sep 27, 2019 |
Net Debt Last Fiscal Year: | $1,175M as of Sep 27, 2019 |
Shares outstanding: | 508,308,187 as of Oct 22, 2019 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |