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

Tuesday 10 March 2020 | 12:33 CET | News
Finnish printed circuit board (PCB) vendor Aspocomp said it expects its net sales and operating result for 2020 to be unchanged from last year, as coronavirus hits PCB deliveries, electronics sector supply chains and customer orders. Full year net sales for 2019 rose 7 percent to EUR 31.2 million and the operating profit grew 18 percent year-on-year to EUR 3.4 million. In the final quarter, net sales fell by 4 percent from Q4 2018 to EUR 8.2 million, with EBITDA dropping 33 percent to EUR 1.0 million and the operating profit declining by 47 percent to EUR 700,000.

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Categories: IT / Mobile & Wireless
Companies: Aspocomp
Countries: Finland / World
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