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Electronics Production | January 20, 2012

Efore shows a sale increase

Efore has released its annual report showing a net sales increase in 2011.
Net sales increased by 26% year-on-year , increasing from 69.7 EUR million in 2010 to 88.1 EUR million in 2011. Net profit for Efore was 3.4 EUR million, up from 0.1 EUR million the year before.

Telecommunication made up 79.7% of net sales, with Industrial Electronics 20.3 %.

“Investments in network capacity will increase significantly - the biggest driver for the traffic increase will come from mobile services, ” said CEO Vesa Vähämöttöne on the year ahead.

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