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AUTOMOTIVE MARKET

Your Leader for Automotive Safety

The robust growth in automotive end market electronics is rooted in consumer demand for safer and more functional vehicles. Consequently, the need for highly reliable electronic assemblies, capable of meeting the tightest industry standards, has never been greater. Kimball Electronics, long a leader in the automotive market, remains committed to advancing creative EMS solutions to accommodate ever-evolving technologies and consumer preferences. As a pioneer in producing braking and steering electronics, Kimball Electronics has acquired unique market experience and knowledge, positioning it as a premiere EMS player for the exacting demands of Advanced Driver Assistance Systems.

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How We Build Lasting Relationships

Our automotive group has continuously delivered on time and on quality to our global Tier 1 customers for over 25 years. We are certified to IATF 16949 requirements and work to manage our supply chain to offer the best value to our customers over the course of the product lifecycle.

Our Services and Products

The Automotive-dedicated team will provide you with a single point of contact over the course of our partnership to ensure the ease of communication necessary to be flexible with market changes, from NPI to Aftermarket Support.

In every project, our goal is to support our customers' needs with the right mix of services, facility build site options, and technical expertise.

  • Safety Critical Electronics
  • Stability Control ECUs
  • Video Camera Systems
  • Electronic Power Steering
  • Sensors
  • Compass and Navigation System
  • Telematics
  • Infotainment Systems
  • Electronics Vehicle Systems
  • Electronic Drive Controls

Our global footprint, core competencies, Industry 4.0 experience, and core values ensure lasting relationships and global success.

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Disciplined Logo Disciplined
Committed Logo Committed

We are focused, aligned, disciplined, and committed to providing our customers with the highest-reliability and highest-quality in automotive electronics manufacturing. Since 1985, we have been committed to advancing creative EMS solutions to accommodate ever-evolving technologies and consumer preferences rooted in the demand for safer and more functional vehicles in the automotive industry. 

Insights

Kimball Electronics Reports Q4 and Full Year Fiscal 2023 Results with Record Sales and Operating Income; Company Provides Guidance for Fiscal 2024

Aug 16, 2023, 00:00 by Nicole Krempp
Kimball Electronics, Inc. (Nasdaq: KE) announces financial results for the fourth quarter and fiscal year ended June 30, 2023.

 

Fourth Quarter Fiscal 2023 Highlights

  • Net sales totaled $496.1 million, a 33% increase compared to Q4 fiscal 2022, and completing a fiscal year with top-line growth of 35%.
  • Operating income of $31.4 million, or 6.3% of net sales, a record high for the Company. For fiscal year 2023, operating income was 4.8% of net sales.
  • Net income of $19.2 million, or $0.76 per diluted share. In fiscal year 2023, the Company earned $2.22 per diluted share, a 79% increase compared to the prior year.
  • Cash flow generated from operating activities of $44.1 million in Q4.
  • Company provides guidance for fiscal 2024 with expected top-line growth of 4%-7% and operating income in the range of 4.7%-5.2% of net sales.

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