ASPOCOMP GROUP OYJ STOCK EXCHANGE RELEASE Jan 18, 2005 at 10:30 AM
ASPOCOMP’S Q4 2004 NET SALES AND EBIT LOWER THAN FORECASTED
Aspocomp Group’s Q4 2004 Net sales and EBIT were lower than forecasted and lower
than the previous year level. Net sales were close to EUR 45 million (EUR 50.5
million Q4/03). Group Q4 EBIT was slightly negative.
Reasons for lower Net sales and profit were PCB segment’s lower sales in
December than during the previous year.
The annual Net sales increased over 8% compared to the previous year and EBIT
was about 5% of Net sales showing a significant improvement compared to the
previous year. On the annual level profit for the year 2004 is clearly positive,
more than 2% of net sales.
Financial statements will be published February 16, 2005.
For further information, please contact CEO Maija-Liisa Friman,
tel. +358 9 7597 0711.
ASPOCOMP GROUP OYJ
President and CEO
Aspocomp: Innovative interconnection solutions for the electronics industry
The Aspocomp Group offers and develops innovative interconnection solutions for
the electronics industry in close cooperation with its customers. We hold a
strong and recognised position as a supplier of mobile data terminal equipment
components and we aim to further strengthen our position as a supplier to the
automotive industry and data communications networks. We offer our global
customers a fast road to mass production through flexible and cost-effective
adaptation of new technologies, to which our balanced production structure in
Europe and Asia is well adapted.
We strive to offer solutions to our customers that enable increased flexibility
in their own product development. Our belief is that this advantage will bear
increasing significance for our customers as end product lifecycles continue to
The Aspocomp Group’s production facilities are located close to its customers in
Finland, China and Thailand. In 2003 Group turnover stood at around 180 million
euros with a staff of some 3,500.
The Helsinki Stock Exchange