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Flex Result 28/04/2016

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Flextronics reported Q4 2016 and full year results with net profit of $61 million, down 45% YoY from $135 million. Full year net profit was $444 million, down 27% YoY from $601 million. Turnover for Q4 was $5.7 billion, down 4% YoY from $5.9 billlion. Full year turnover was $24.4 billion, down 7% YoY from $26 billion.