SMT007 Magazine

SMT-Dec2014

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December 2014 • SMT Magazine 81 e Flextronics' Q2 revenue beats expectations "our consistent execution continues to pay off with measured improvements across many areas of our business, including our operating margins, which improved for the sixth consecutive quarter," said Mike Mcnamara, CEo. "we are also pleased to have exceeded our revenue expectations in HrS and CTg in addition to posting $6.53 billion in sales." f celestica ceO craig muhlhauser to retire Celestica inc. announced that president and CEo Craig Muhlhauser has informed the Board of Direc- tors of his intent to retire as an officer and director of the company by the end of 2015, beginning an or- derly leadership transition over the next 12 months. g Kimball's emS business Spin-off completed "Today's announcement marks a significant achievement by countless employees of both com- panies," stated Bob Schneider, the new chairman and CEo. "Both companies are poised for growth and building success for customers, employees, and shareholders." h benchmark continues to drive Profitable Growth president and CEo gayla J. Delly commented, "we are pleased with the solid performance of our teams during the third quarter as we have contin- ued to support new program ramps and acquisi- tion-integration activities." i ImI's emS biz Posts 18% revenue Growth Arthur Tan, iMi president and CEo, says, "De- spite continued volatility in the global markets, iMi maintains a profitable growth as it is naturally hedged by the diversity of its markets served and locations in which it operates." j Neways benefits from buS Acquisition; revenue Up 31% neways recorded turnover of Eur 89.9 million in the third quarter of 2014, an increase of 31% compared with Eur 68.4 million in the same pe- riod of last year. The increase was entirely due to the completed acquisition of BuS group, which has been consolidated in neways results as from July 1. December 2014 • SMT Magazine 81 smtonline.com for the latest SmT news— anywhere, anytime.

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