Building Confidence Through Non-Traditional Investments

Man holding object

Photo: Saad Faruque

On June 18, 2014, Jabil held it’s third quarter fiscal year 2014 earning announcement call. In spite of market headwinds, Jabil’s investment in non-traditional EMS markets is starting to build steam. Continue Reading →

In Spite of Headwinds, Jabil Confidently Invests for the Future

Fy 14 Q2 Earnings

 

On Wednesday, March 19, 2014, Jabil’s CEO Mark Mondello, talked candidly about the events impacting Jabil over the past quarter. The temporary shift in demand within the Diversified Manufacturing Services business, the pending sale of Jabil’s Aftermarket Services operations, and Jabil’s disengagement with BlackBerry all contributed to a mixed bag of earnings newsContinue Reading →

Jabil Posts Strong Cash Flow from Operations

Jabil, manufacturing, operational excellence

In what remains a challenging demand environment, Jabil’s CEO, Mark T. Mondello, remains focused on diversifying the company to deliver continued long-term growth for 2014 and beyond. “We are pleased with our progress on the diversification of our business and the positive benefits it affords the company,” said Mark. Continue Reading →

Jabil Pleased With Second Quarter FY13 Results in Challenging Macro Environment

Despite facing considerable headwinds and a slowly recovering economy, Jabil’s CEO, Mark Mondello, is pleased with Jabil’s second quarter performance as he continues to expect solid long-term growth and significant market opportunities.

Revenue for the FY13 second quarter was $4.4 million, up 4.3 percent from revenue of $4.2 million in the FY12 second quarter. Additionally, Jabil achieved the mid-range of revenue guidance of $4.4 billion while posting $170 million of core operating income.

Jabil’s Enterprise and Infrastructure business grew 12 percent from a year ago and has continued to improve operating margins, with a 100 basis point increase on core operating margins year-on-year and 30 basis points sequentially. Continue Reading →

Jabil Makes The List Again: World’s Most Admired Companies

Once again, Jabil has been named to Fortunes’s World’s Most Admired Companies list alongside global brands like Intel and Texas Instruments, in the Semiconductor industry.

The 2013 World’s Most Admired Companies list is a report card on corporate reputations as rated by industry executives, directors and analysts.  Voting is by industry on nine criteria, from investment value to social responsibility. This year 687 companies from 30 countries competed in the survey.  Jabil’s announced acquisition of Nypro (a strategic investment to deepen its participation in diversified manufacturing) and inclusion in Newsweek’s Green rankings are great examples of ways Fortune’s most admired companies are different. The competition is tough–to make the list, a company’s score must rank in the top half of its industry survey.

Interfacing Medical Devices to the Mobile Network

Part 1 of 6-part series examining the issues and challenges that the medical device industry faces in utilizing the mobile network as part of healthcare monitoring systems. (Graphic courtesy of Tormoen, Inc.)

There is no doubt that we are in an amazing and challenging transition period in healthcare. Reform initiatives have demanded an intensive examination of current, accepted methods of care delivery to find more cost-effective, value-based methods of disease management and treatment. The goal:  drive better patient outcomes while taking significant costs out of the system. Continue Reading →

Jabil Acquires Nypro to Deepen Diversified Manufacturing Capabilities Globally

On February 4, 2013, Jabil announced the strategic acquisition of Clinton, Massachusetts-based Nypro, a provider of manufactured precision plastic products for customers in the Healthcare, Packaging and Consumer Electronics industries, with over $1 billion in total annual revenues. As markets shift and technology accelerates, customers count on their global manufacturing partners to have integrated capabilities tailored for the future. That’s why Jabil’s acquisition of Nypro is important. The acquisition not only provides new long-term solutions for current Jabil customers but also immediately supports Nypro customers. Continue Reading →

Jabil’s Annual Shareholder Meeting Brings New Leaders and a Surprise

On Thursday, January 24, 2013, Jabil’s annual shareholder meeting convened in St. Petersburg, Florida. Among official business was the board’s nomination and shareholder approval of board members. Jabil CEO Tim Main is now Jabil’s Chairman of the Board of Directors, replacing Bill Morean, who is leaving the Board after 35 years. Jabil Chief Operating Officer, Mark Mondello, was also approved to join Jabil’s Board. Continue Reading →