Aspocomp reports lower Q3, in line with seasonal trends

Tuesday 29 October 2019 | 13:57 CET | News
Finnish printed circuit board (PCB) manufacturer Aspocomp said revenues for its third quarter slipped 1 percent from the year to EUR 6.7 million, on the back of uncertain market conditions. Aspocomp noted that demand in Q3 is usually lower after the summer. Meanwhile, demand swung to strong growth towards the end of September, with the order book strengthening by 60 percent to a record high of EUR 4.9 million. EBITDA for the quarter was off 9 percent to EUR 0.8 million and the operating profit falling 22 percent to EUR 6.7 million. Earnings per share declined 13 percent to EUR 0.07. The

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Categories: IT
Companies: Aspocomp
Countries: Finland
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