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Adjusted operating profit Increased 72 percent year-over-year to $182 million
May 1, 2014
By: DAVID SAVASTANO
Editor, Ink World Magazine
Flextronics announced results for its fourth quarter and fiscal year ended March 31, 2014. Net sales for the fiscal year ended March 31, 2014 were $26.1 billion, an increase of $2.5 billion from the $23.6 billion recognized in fiscal year 2013. Adjusted operating income increased 9% from $611 million to $665 million in the fiscal year ended March 31, 2014. Adjusted earnings per diluted share also increased 6% to $0.89 year-over-year. “Fiscal 2014 marked a year of continuous improvement an...
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