Celestica expects net cash use in 2027 and capex of $1.5 billion to $2 billion

“We anticipate revenue of $40 billion, representing a 90% increase compared to our 2026 outlook, while non-GAAP operating margin is expected to be 9% for the full year, an expansion of 60 basis points.”

“Finally, our free cash flow outlook for 2026 is $460 million, compared to our previous outlook of $600 million. The change in our free cash flow outlook expectation is primarily driven by targeted working capital investments to support the accelerating growth in 2027.”