Solid operating performance relative to peer group Top-tier electronic manufacturing services position Higher leverage than historical average Increasing focus on shareholder value Competitive industry conditions Standard&Poor's Ratings Services' rating on St. Petersburg, Fla.-based Jabil Circuit Inc. reflects the company's diversified end markets and good profitability relative to most of its peers. Competitive industry conditions, high leverage for the rating, and somewhat aggressive financial policies all offset these strengths. Jabil is a leading provider of manufacturing services to leading electronics original equipment manufacturers (OEMs). As of Aug. 31, 2009, Jabil had about $1.8 billion in total debt outstanding, including operating leases, pension adjustments, and securitizations. Revenues expanded through the November 2008 quarter but, along with the rest of the
