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PCB | February 16, 2012

Aspocomp: sales grew in 2011

Aspocomp had a successful 2011 with net sale growth of 26 percent, the company announced today.
“2011 was in all respects a successful year for Aspocomp. Our net sales grew by 26 percent to EUR 23.6 million, which boosted our operating result to EUR 4.1 million, representing more than 17 percent of net sales,” said CEO Sami Holopainen. ”Cash flow from operations after investments amounted to EUR 2.8 million”.

The company estimated that net sales will rise substantially in 2012 thanks to the acquisition of a PCB factory in Teuva in December.

Key figures 2011 in brief:

- Net sales: EUR 23.6 million (EUR 18.8 million 1-12/2010)
- Operating result before depreciation (EBITDA): EUR 5.4 million (3.1)
- Operating profit (EBIT): EUR 4.1 million (1.8)
- Cash flow from operations: EUR 4.0 million (4.1)

Key figures 10-12/2011 in brief:

- Net sales: EUR 5.8 million (EUR 4.5 million 10-12/2010)
- Operating result before depreciation (EBITDA): EUR 1.5 million (0.0)
- Operating profit (EBIT): EUR 1.2 million (-0.3)
- Earnings per share (EPS): EUR 0.19 (-0.10)

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