PCB | March 07, 2008

Weak dollar lowers GPV’s result

Denmark based EMS and PCB producer GPV has reported a weaker third quarter result.
GPV's three divisions performed very differently in Q3. The Electronics division is progressing excellently while the Mechanics division is facing challenges due to the low USD rate and a lack of profitability in the defense related projects. The PCB division's factory in China is developing positively compared with last year whereas the factories in Denmark has a lower level of activity. Based on the performance in the first nine months income before tax is now expected to be DKK 30-35 million against previously around DKK 60 million.


Please note the following: Critical comments are allowed and even encouraged. Discussions are welcome. Verbal abuse, insults and racist / homophobic remarks are not. Such comments will be removed.
Further details can be found here.
Load more news
August 24 2017 8:26 AM V8.6.1-2