Jabil Sees a Good Year

Electronics design and production company Jabil Inc. posted Q4 net profits of $45.7 million, up from $38.1 million a year ago, on turnover which rose to $5.0 billion from $4.4 billion. For the year there were profits of $129.1 million, down from $254.1 million, on revenue which increased to $19.1 billion from $18.4 billion. The firm said that it was very pleased with the performance.