Celestica plans $1.5 billion to $2.0 billion in 2027 capital spending

Celestica said it plans capital expenditures of $1.5 billion to $2.0 billion in 2027 as it supports anticipated growth in demand for data center infrastructure. The company introduced a $40.0 billion revenue outlook for 2027 and raised its 2026 revenue outlook to $21.0 billion from $20.5 billion. Third-quarter revenue reached $5.83 billion, up 83% from $3.19 billion a year earlier. Connectivity & Cloud Solutions revenue increased 102% to $4.87 billion. Celestica also reported completing a public offering with $3.45 billion in gross proceeds. The company reduced its 2026 free cash flow outlook, a non-GAAP measure, to $460 million from $600 million.