0
IT

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

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: IT
Companies: Aspocomp
Countries: Finland
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Aspocomp postpones AGM as coronavirus restrictions prevent more than 10 people from assembling

Published 27 Mar 2020 12:49 CET | Finland
Finnish printed circuit board (PCB) manufacturer Aspocomp said that it is postponing its AGM, which had been due to take place on ...

Aspocomp sees coronavirus keeping FY sales and operating profit unchanged from 2019

Published 10 Mar 2020 12:33 CET | World
Finnish printed circuit board (PCB) vendor Aspocomp said it expects its net sales and operating result for 2020 to be unchanged ...

Aspocomp adds Beilinson to Management Team

Published 01 Apr 2019 16:31 CET | World
Aspocomp appointed Ari Beilinson as new member to its Management Team as of 29 April. Beilinson was appointed VP, Sales and ...

Aspocomp Q4 net sales rise 36%, operating profit triples

Published 28 Feb 2019 14:02 CET | Finland
Finnish printed circuit board (PCB) manufacturer Aspocomp said fourth-quarter net sales rose by 36 percent to EUR 8.5 million ...

Aspocomp raises FY forecasts again

Published 20 Dec 2018 22:56 CET | Finland
Finnish printed circuit board (PCB) manufacturer Aspocomp has upgraded its outlook for its full-year 2018 net sales and operating ...

Aspocomp appoints new deputy CEO, loses head of sales

Published 29 Oct 2018 15:57 CET | Finland
Finnish printed circuit board (PCB) manufacturer Aspocomp has appointed Antti Ojala its new deputy CEO. Ojala joined the company ...

Aspocomp raises FY forecast again on higher customer demand

Published 17 Oct 2018 12:12 CET | World
Finnish printed circuit board (PCB) manufacturer Aspocomp Group has upgraded its outlook for full-year 2018 net sales and ...