Celestica profit rises as communications business grows

Fri Jul 26, 2013 7:09am EDT
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July 26 (Reuters) - Canadian contract electronics manufacturer Celestica Inc reported a 19 percent rise in second-quarter profit, driven mainly by growth at its communications business.

Net income rose to $28.0 million, or 15 cents per share, from $23.6 million, or 11 cents per share, a year earlier.

On an adjusted basis, it earned 21 cents per share.

Revenue fell 14 percent to $1.50 billion.