Celestica Announces First Quarter Financial Results

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Toronto -- Celestica Inc. has announced financial results for the first quarter ended March 31, 2003.

For the first quarter, revenue was $1.6 billion, down 26 percent from $2.2 billion in the first quarter of 2002.

Net earnings on a GAAP basis for the first quarter were $3.4 million or 2 cents per share compared to net earnings of $39.7 million or 15 cents per share for the same period last year.

Celestica is a world leader in the delivery of innovative electronics manufacturing services (EMS). For more information, visit www.celestica.com.



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