July 24, 2008 / 8:12 PM / in 9 years

Celestica swings to second-quarter profit

(In U.S. dollars unless noted)

TORONTO, July 24 (Reuters) - Contract electronics maker Celestica Inc (CLS.TO)CLS.N swung to a second-quarter profit on Thursday and posted an upbeat outlook, despite “challenging” market conditions.

Celestica, whose customers have included computer giants IBM (IBM.N) and Hewlett-Packard (HPQ.N) said it earned $39.8 million, or 17 cents a share, in the three months ended June 30. That was up from a loss of $19.2 million, or 8 cents a share, in the same period a year earlier. (Reporting by Wojtek Dabrowski; editing by Rob Wilson)

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