Company Flex Ltd.

Equities

FLEX

SG9999000020

Electronic Equipment & Parts

Market Closed - Nasdaq 04:00:00 2024-03-27 pm EDT 5-day change 1st Jan Change
28.62 USD +0.33% Intraday chart for Flex Ltd. +5.58% -6.03%

Business Summary

Flex Ltd. is engaged in providing a portfolio of manufacturing solutions and services. The Company operates through three segments: Flex Agility Solutions (FAS), Flex Reliability Solutions (FRS) and Nextracker. The FAS segment is comprised of various end markets, such as Communications, Enterprise, and Cloud (CEC), including data infrastructure, edge infrastructure and communications infrastructure; Lifestyle, including appliances, consumer packaging, floorcare, micro mobility and audio; and Consumer Devices, including mobile and high velocity consumer devices. The FRS segment consists of end markets, such as Automotive, including mobility, autonomous, connectivity, electrification, and smart technologies; Health Solutions, including medical devices, medical equipment, and drug delivery; and Industrial, including capital equipment, industrial devices, and renewables and grid edge. The Nextracker segment provides intelligent, integrated solar tracker and software solutions.

Number of employees: 172,108

Sales per Business

USD in Million2022Weight2023Weight Delta
Flex Agility Solutions
52.0 %
14,027 53.9 % 15,769 52.0 % +12.42%
Flex Reliability Solutions
42.0 %
10,603 40.7 % 12,733 42.0 % +20.09%
Nextracker
6.3 %
1,458 5.6 % 1,903 6.3 % +30.52%
Intersegment Eliminations
-0.2 %
-47 -0.2 % -59 -0.2 % +25.53%

Sales per region

USD in Million2022Weight2023Weight Delta
Mexico
21.7 %
5,059 19.4 % 6,589 21.7 % +30.24%
China
21.5 %
6,146 23.6 % 6,539 21.5 % +6.39%
United States
16.5 %
3,690 14.2 % 5,020 16.5 % +36.04%
Europe
16.2 %
4,371 16.8 % 4,902 16.2 % +12.15%
Malaysia
8.1 %
1,866 7.2 % 2,448 8.1 % +31.19%
Brazil
6.7 %
2,022 7.8 % 2,046 6.7 % +1.19%
Hungary
4.3 %
1,230 4.7 % 1,310 4.3 % +6.50%
Asia
2.7 %
1,070 4.1 % 822 2.7 % -23.18%
Singapore
1.8 %
519 2.0 % 552 1.8 % +6.38%
Americas
0.4 %
68 0.3 % 118 0.4 % +73.53%

Managers

Managers TitleAgeSince
Chief Executive Officer 56 19-02-10
Director of Finance/CFO 49 20-08-31
Chief Operating Officer 47 -
Chief Tech/Sci/R&D Officer - -
Investor Relations Contact - -
Corporate Officer/Principal - 22-07-31
Comptroller/Controller/Auditor 57 22-02-27
Corporate Officer/Principal - -
Corporate Officer/Principal - 21-11-07
Human Resources Officer 59 21-09-26

Members of the board

Members of the board TitleAgeSince
Chairman 70 14-03-23
Director/Board Member 63 20-11-22
Director/Board Member 71 09-03-31
Director/Board Member 65 12-03-12
Director/Board Member 60 22-01-25
Director/Board Member 64 18-11-13
Director/Board Member 58 22-09-22
Chief Executive Officer 56 19-02-10
Director/Board Member 57 20-09-14
Director/Board Member 59 20-06-02

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 421,163,217 418,303,390 ( 99.32 %) 0 99.32 %

Shareholders

NameEquities%Valuation
PRIMECAP Management Co.
10.72 %
45,139,254 10.72 % 1 271 M $
Fidelity Management & Research Co. LLC
10.29 %
43,339,783 10.29 % 1 220 M $
Janus Henderson Investors US LLC
6.671 %
28,096,966 6.671 % 791 M $
Wellington Management Co. LLP
5.723 %
24,101,224 5.723 % 678 M $
Victory Capital Management, Inc. (Investment Management)
3.419 %
14,400,811 3.419 % 405 M $
AllianceBernstein LP
2.730 %
11,499,344 2.730 % 324 M $
Lyrical Asset Management LP
2.242 %
9,442,963 2.242 % 266 M $
Boston Partners Global Investors, Inc.
2.129 %
8,967,046 2.129 % 252 M $
Sachem Head Capital Management LP
1.992 %
8,390,000 1.992 % 236 M $
JPMorgan Private Wealth Advisors LLC
1.961 %
8,260,205 1.961 % 233 M $

Holdings

NameEquities%Valuation
223,914 6.89% 116,659 $
0 -.--% 0 $

Company contact information

Flex Ltd.

12455 Research Boulevard

78759, Austin

+65 6876 9899

http://www.flex.com
address Flex Ltd.(FLEX)

Group companies

NameCategory and Sector
Air Freight/Couriers
Electronics Distributors
Electronic Production Equipment
Miscellaneous
Industrial Machinery
Financial Conglomerates
Electrical Products
Miscellaneous Commercial Services
Electronic Production Equipment