Flex (FLEX) Q4 FY25 earnings call

Flex concluded FY25 with record adjusted operating margins and strong free cash flow, driven by its strategic shift towards higher-value businesses, particularly in the data center segment. The company's EMS plus Products plus Services strategy, emphasizing proprietary power products and expanded services, is enhancing its competitive position. Despite macroeconomic headwinds and tariff uncertainties, Flex is confident in its ability to achieve a 6% adjusted operating margin in FY26, a year ahead of its target, leveraging its global operational footprint and regionalization trend.