Flexible Electronics News

Jabil Delivers Another Strong Fiscal Year

Highlights included net revenue of $22.1 billion, US GAAP operating income was $542.2 million in 2018.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Jabil Inc. reported preliminary, unaudited financial results for its fourth quarter and fiscal year ended Aug. 31, 2018.   “I’m really pleased with our fiscal 2018 results and the positive momentum we’re seeing across the business,” said CEO Mark Mondello. “Our team’s performance during the year culminated in double-digit revenue growth, 24% core EPS expansion and core ROIC of 19%, an increase of approximately 400 basis points year-on-year. At the same time, we made strategically important inves...

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