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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 Results; Company Provides Guidance for Fiscal 2025

Aug 14, 2024, 00:00 by Nicole Krempp

 

Kimball Electronics, Inc. (Nasdaq: KE) announced financial results for the fourth quarter and fiscal year ended June 30, 2024.

 

  • Net sales totaled $430.2 million
  • Operating income of $19.6 million, or 4.6% of net sales
  • Adjusted operating income of $20.9 million, or 4.9% of net sales 
  • Cash flow generated from operating activities of $48.5 million, driven by inventory reductions
  • The Company ended the fourth quarter of fiscal 2024 with cash and cash equivalents of $78.0 million and borrowings outstanding on credit facilities of $294.8 million, including $235.0 million classified as long term, and $142.1 million of borrowing capacity available
  • Capital expenditures were $9.1 million in the fourth quarter, and the Company invested $3 million to repurchase 136,000 shares of common stock

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