Celestica Announces First Quarter 2023 Financial Results
Segment income, segment margin, and reconciliation of segment income to IFRS earnings before income taxes: |
Three months ended March 31 |
|
Note |
2022
| |
2023
|
| | | Segment Margin | | | Segment Margin |
ATS segment income and margin | | $ | 35.1 | 5.0 | % | | $ | 34.6 | 4.4 | % |
CCS segment income and margin | | | 34.2 | 3.9 | % | | | 60.8 | 5.8 | % |
Total segment income | | | 69.3 | | | | 95.4 | |
Reconciling items: | | | | | | |
Finance costs | 6 | | 9.8 | | | | 21.7 | |
Employee SBC expense | | | 14.6 | | | | 22.0 | |
TRS FVAs | 10 | | — | | | | 0.2 | |
Amortization of intangible assets (excluding computer software) | | | 9.3 | | | | 9.2 | |
Other charges | 8 | | 4.8 | | | | 4.6 | |
IFRS earnings before income taxes | | $ | 30.8 | | | $ | 37.7 | |