0
Wireless

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

Tuesday 10 March 2020 | 12:33 CET | News
Always wanted to know everything about the Dutch Telecoms market? Then the online Masterclass Introduction Dutch Telecom market is for you! Please enroll here!
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.

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 / Mobile & Wireless
Companies: Aspocomp
Countries: Finland / World
::: add a comment
This article is part of dossier

Coronavirus


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

Semiconductor industry wants 'essential business' designation during Covid-19 restrictions

Published 30 Mar 2020 15:42 CET | World
The semiconductor industry wants to be spared from some of the restrictions on business during the Covid-19 pandemic. Ten ...

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 ...

Analog Devices withdraws outlook for Q2

Published 26 Mar 2020 14:50 CET | World
Analog Devices has withdrawn its outlook for the second quarter, citing the economic and social effects caused by the coronavirus ...

Avnet, ON Semiconductor lower results guidance on coronavirus outbreak

Published 06 Mar 2020 16:06 CET | World
Both Avnet and ON Semiconductors say their results will be hit by the outbreak of the coronavirus (covid-19). Avnet said simply ...

NXP Semiconductors lowers revenue guidance for Q1 on Covid 19

Published 02 Mar 2020 08:57 CET | World
NXP Semiconductors has lowered its guidance for the first quarter, saying revenues will be impacted by the coronavirus (Covid 19) ...

Huawei stockpiles foreign components amid fears of tougher US sanctions - report

Published 22 Jan 2020 13:10 CET | World
Huawei is looking to stockpile up to a year's worth of foreign supplies for its telecoms equipment business ahead of an expected ...

Qorvo introduces Wi-Fi 6 iFEM, IoT transceiver

Published 02 Jan 2020 17:33 CET | World
Qorvo said it launched what it calls the industry's first integrated front-end module (iFEM) that provides reliable, whole-home ...

Aspocomp reports lower Q3, in line with seasonal trends

Published 29 Oct 2019 13:57 CET | Finland
Finnish printed circuit board (PCB) manufacturer Aspocomp said revenues for its third quarter slipped 1 percent from the year to ...

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 ...





Calendar   /   Industry Events

26 Oct CCW Europe 2020
27 Oct Akamai Technologies Q3 2020
27 Oct Microsoft fiscal Q1
27 Oct Megacable Q3 2020
27 Oct Bharti Airtel fiscal Q2
27 Oct A10 Networks Q3 2020
27 Oct Juniper Networks Q3 2020
27 Oct Siminn Q3 2020
27 Oct Sequans Communications Q3 2020
27 Oct Telefonica Brasil Q3 2020
27 Oct GSMA Thrive North America
28 Oct Belden Q3 2020
28 Oct ZTE Q3 2020
28 Oct 8x8 fiscal Q2
28 Oct Extreme Networks fiscal Q1
28 Oct KPN Q3 2020
28 Oct Ooredoo Q3 2020
28 Oct Telefonica Deutschland Q3 2020
28 Oct Equinix Q3 2020
28 Oct Cognizant Q3 2020
28 Oct Telecoms World Asia 2020
29 Oct Swisscom Q3 2020
29 Oct Hrvatski Telekom Q3 2020
29 Oct Poly fiscal Q2
29 Oct Orange Q3 2020
29 Oct Nokia Q3 2020
29 Oct BT fiscal Q2
29 Oct Twitter Q3 2020
29 Oct Altice USA Q3 2020
29 Oct Motorola Solutions Q3 2020
::: More Calendar Items