Inside Information, profit warning: Aspocomp expects that its net sales and operating result for 2023 will fall below the given financial guidance
10 Janvier 2024 - 1:10PM
Inside Information, profit warning: Aspocomp expects that its net
sales and operating result for 2023 will fall below the given
financial guidance
Aspocomp Group Plc, Inside Information, January 10, 2024, at
2:10 p.m. (Finnish time)
Aspocomp is lowering its net sales and operating result forecast
for 2023 due to low net sales, weakened product mix and
significantly higher material costs. Material consumption was
increased by a temporary production process disruption during the
fourth quarter. Material usage is estimated to normalize during the
first quarter. The production disruption also affected production
volumes and net sales at the end of the year. According to
preliminary, unaudited figures, the 2023 net sales are expected to
amount to approximately EUR 32.3 million and the 2023 operating
result to approximately EUR 1.7–1.9 million negative. In its
previous outlook for 2023 (released on October 27, 2023), Aspocomp
estimated that its net sales for 2023 would be clearly below the
2022 level and its operating result for 2023 would remain negative.
In 2022, net sales amounted to EUR 39.1 million and the operating
result to EUR 4.5 million. Aspocomp’s Financial Statements bulletin
for the period January 1 – December 31, 2023, will be released on
Thursday, March 14, 2024, at around 9:00 a.m. (Finnish time). For
further information, please contact Mikko Montonen, President and
CEO, mikko.montonen(at)aspocomp.com. ASPOCOMP GROUP PLC Board of
Directors Aspocomp – heart of your technology A printed
circuit board (PCB) is used for electrical interconnection and as a
component assembly platform in electronic devices. Aspocomp
provides PCB technology design, testing and logistics services over
the entire lifecycle of a product. The company’s own production and
extensive international partner network guarantee
cost-effectiveness and reliable deliveries. Aspocomp’s customers
are companies that design and manufacture telecommunication systems
and equipment, automotive and industrial electronics, and systems
for testing semiconductor components for security technology. The
company has customers around the world and most of its net sales
are generated by exports. Aspocomp is headquartered in Espoo and
its plant is in Oulu, one of Finland’s major technology hubs.
www.aspocomp.com
Aspocomp Group Oyj (LSE:0DG8)
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