Aspocomp Posts Preliminary 2017 Sales and Revenue


Reading time ( words)

According to advance information, Aspocomp's net sales in the January-December 2017 period amounted to EUR 23.0 million (EUR 21.6 million 1-12/2016). Net sales increased by 6.2% compared to the previous year, but fell short of the expected growth of about 10%, due to the weakening of the US dollar and the delays in a major customer project in December 2017. The comparable exchange rates had a negative impact of EUR 0.17 million on net sales.

According to advance information, Aspocomp's operating result developed positively but the operating margin remained at the same level as in 2016.

In its previous outlook for 2017 (Company Announcement on October 26, 2017) Aspocomp estimated that its net sales would grow approximately 10% and the operating margin would be better than in 2016.

Aspocomp's Financial Statements bulletin for the period January 1 - December 31, 2017 will be released on February 15, 2018. Aspocomp is currently observing a silent period and the next time the company will comment on its results and outlook will be after the publication of the Financial Statements Bulletin.

About Aspocomp – a service company specializing in PCB technologies

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.

For more information, click here.

Share


Suggested Items

SLP: The Next Level of Technology

10/02/2018 | Patty Goldman, I-Connect007
As our electronic devices and machines become more powerful and as Moore’s Law chugs along, things in the world of PCBs keep getting smaller. You know the drill—finer lines and spaces, thinner laminates, more layers— cram more circuitry into the same or shrinking area. Where will it all end? Or will it?

Atotech on Challenges and Opportunities in PCB Manufacturing

09/04/2018 | Stephen Las Marias, I-Connect007
Abel Ruivo, Atotech Deputy Business Director of Electronics for Greater China, and Daniel Schmidt, head of Global Marketing for Electronics at Atotech Group, spoke with I-Connect007 about the various challenges of PCB manufacturing in China, as well as about the opportunities in the sector.

EIPC 50th Anniversary Conference Day 1: The Past, the Present and the Future, Pt. 1

07/13/2018 | Pete Starkey, I-Connect007
Just like old times—meeting with John Ling, with whom I had previously travelled to industry events for over two decades, and who still carries the role of EIPC marketing manager, to fly together from Birmingham UK to Dusseldorf in Germany for the EIPC 50th Anniversary Summer Conference.



Copyright © 2018 I-Connect007. All rights reserved.