Q1 FY20 Earnings

July 25, 2019 Learn More

Annual Report 2019

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Flex Welcomes CEO

Revathi Advaithi

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How innovation fuels
sustainable living

Learn how Flex employees, customers and suppliers
are having a positive social impact on the world.

Read our sustainability story

To access Flex’s 2019 Annual Report and Proxy Statement, please click here.

We Are Flex

Flex has built a company-wide culture around collaboration and execution, led by some of the industry’s most innovative minds. Every hour of every day, Flex’s approximately 200,000 employees around the world design, engineer and deliver logistical and manufacturing solutions for customers at more than 100 sites in 30 different countries.

Upcoming Events

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Latest News

August 29, 2019

Flex to Participate in Upcoming Investor Conference

Flex (NASDAQ: FLEX) announced today that it will participate in the following investor conference during the month of September: 2019 Citi Global Technology Conference Date: September 4, 2019
Location: New York, NY
Presentation Time: 3:40pm ET / 12:40pm PT A live webcast and replay of the event will be available on the Flex Investor Relations website at https://investors.flex.com. About Flex Flex is the Sketch-to-Scale® solutions provider that designs and builds intelligent products globally. With approximately 200,000 employees across 30 countries, Flex provides innovative design, engineering, manufacturing, real-time supply chain insight and logistics services to companies across industries and markets. For more information, visit flex.com or follow us on Twitter @flexintl. View source version on businesswire.com: https://www.businesswire.com/news/home/20190829005702/en/ Investors & Analysts
Kevin Kessel, CFA
1 (408) 576-7985
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July 26, 2019

Flex Expands Operations in India with New Manufacturing Facility in Tamil Nadu

Chennai, July 26, 2019 -  Flex (NASDAQ: FLEX) today announced the opening of its new manufacturing facility, Flex Chennai Industrial Park 3, located in Walajabad, Tamil Nadu, India. Shri Ajay Prakash Sawhney, IT Secretary, Government of India officially inaugurated the facility. Spanning 159,000 square feet, this facility will further expand Flex’s manufacturing operations in India. “We are thrilled to celebrate the inauguration of our latest manufacturing facility in India that offers one-stop solutions ranging from engineering, manufacturing, supply chain and logistics services to increase our customer’s competitiveness and decrease time to market. This further reiterates our continued commitment towards the Government of India’s ‘Make in India’ vision and entrenches India’s position as an important manufacturing base for Flex,” said Richard Hopkins, senior vice president of operations at Flex. In addition to Flex Chennai Industrial Park 3, Flex has ten other facilities in...
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July 25, 2019

Flex Reports First Quarter Fiscal 2020 Results

Flex (NASDAQ: FLEX) today announced results for its first quarter ended June 28, 2019. First Quarter Fiscal 2020 Highlights: Net Sales: $6.2 billion, year over year revenue down 3 percent GAAP Income Before Income Taxes: $64 million Adjusted Operating Income: $208 million GAAP Net Income: $45 million Adjusted Net Income: $138 million GAAP Net Income Per Share: $0.09 Adjusted EPS: $0.27 An explanation and reconciliation of non-GAAP financial measures to GAAP financial measures is presented in Schedules II and V attached to this press release. “For the first quarter, I am pleased that we achieved adjusted EPS within guidance range and 11% year-over-year growth in adjusted operating profit with free cash flow of $114 million. We are repositioning our portfolio to reduce exposure to high-volatility, low-margin business, while investing in design-led wins and higher-margin segments,” said Revathi Advaithi, CEO of Flex. “This acceleration of our strategy to reposition our mix and drive...
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This website and presentations presented may contain forward-looking statements, which are based on current expectations and assumptions that are subject to risks and uncertainties and actual results could materially differ. Such information is subject to change and we undertake no obligation to update these forward-looking statements. For a discussion of the risks and uncertainties, see our most recent filings with the Securities and Exchange Commission, including our current, annual and quarterly reports.

There may be references to non-GAAP financial measures, these measures are located on the “Financials” section of our website, along with the required reconciliation to the most comparable GAAP financial measures.

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