FY22 Annual Meeting Materials

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Flex Q1 F23 Earnings Call

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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.

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Latest News

August 1, 2022

Flex receives 4th consecutive Lenovo EMEA Logistics Supplier of the Year Award

For the fourth year in a row, Flex (NASDAQ: FLEX) has been named as Lenovo EMEA Logistics Supplier of the Year. The award is recognition of Flex's ability to create a seamless experience for companies and their customers that is resilient and adaptable to rapidly changing global end market demands.  The award was presented at the Lenovo EMEA Global Logistics Suppliers Conference attended by Lenovo's connected partner network. Flex's value added fulfilment services, which include vendor managed inventory, warehousing, fulfilment and last mile distribution, helped Lenovo deliver increased volumes across their PC & Smart Devices, Mobile, Server and Cloud business in what was a dynamic and highly challenging supply chain environment. Speaking at the virtual Lenovo Supplier Conference, where the theme was resiliency, intelligence and ambition, Lenovo Head of Global Logistics, Gareth Davies, said, "Never has there been greater challenges in the logistics space. There are multiple...
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July 27, 2022

FLEX REPORTS FIRST QUARTER FISCAL 2023 RESULTS

Flex (NASDAQ: FLEX) today announced results for its first quarter ended July 1, 2022. First Quarter Fiscal Year 2023 Highlights: Net Sales: $7.3 billion GAAP Operating Income: $272 million Adjusted Operating Income: $330 million GAAP Net Income Attributable to Flex Ltd.: $189 million Adjusted Net Income: $255 million GAAP Earnings Per Share: $0.40 Adjusted Earnings Per Share: $0.54 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. "The Flex team reached another milestone this quarter, achieving record adjusted EPS as well as delivering strong growth," said Revathi Advaithi, CEO, Flex. "The Company's diverse portfolio and global footprint coupled with multiple demand drivers across our served markets positions Flex for continued growth." Second Quarter Fiscal 2023 Guidance Revenue: $7.0 billion to $7.4 billion GAAP Operating Income: $265 million to $295 million Adjusted...
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July 13, 2022

Flex Releases 2022 Sustainability Report and Commits to Net Zero Greenhouse Gas Emissions by 2040

Flex (NASDAQ: FLEX) today released its 2022 sustainability report , which summarizes the company's global sustainability activities, performance and results from calendar year 2021. In tandem with the report's release, the company announced a commitment to reach net zero greenhouse gas (GHG) emissions by 2040, doubling down on climate action efforts. "Our 2021 achievements are encouraging and motivate us to continue pushing toward our 2030 sustainability goals. The progress we've made to date and commitment to reach net zero emissions by 2040 are only possible through the unwavering efforts of our 170,000 employees and ongoing collaboration with our suppliers and customers," said Revathi Advaithi, Chief Executive Officer at Flex. "Now, more than ever, companies across every industry and sector must take purposeful steps to address the climate crisis and champion a more sustainable way of working. Flex is dedicated to doing its part to accelerate climate action and helping our value...
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Investor Presentation

Safe Harbor Statement

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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