Aspocomp raises its outlook for net sales and operating result in 2018

Aspocomp Group Plc, Company Announcement, October 16, 2018 at 1:45 p.m.
 
Aspocomp Group Plc upgrades its outlook for full-year 2018 net sales and operating result. In 2018, net sales are expected to grow approximately 15 percent compared with 2017 and the operating result to be approximately EUR 2 million. In 2017, net sales amounted to EUR 23.9 million and the operating result to EUR 0.8 million.

Customer demand is expected to grow stronger than earlier estimated during the rest of the year.

In its previous outlook for 2018 (issued on July 30, 2018), Aspocomp estimated that its net sales would grow over 10 percent and the operating result would double compared with 2017.

Aspocomp’s interim report for the period January 1 – September 30, 2018 will be released on Thursday, October 25, 2018.

For further information, please contact Mikko Montonen, President and CEO,
tel. +358 40 5011 262, mikko.montonen(at)aspocomp.com.

ASPOCOMP GROUP PLC

Mikko Montonen
President and CEO

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.

www.aspocomp.com