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Electronics Production | February 09, 2006

Net sales up 43% for Elcoteq

The Finnish EMS provider Elcoteq posted net sales of 4.17 billion euros for the financial year 2005 which is an increase of 43% from 2004.
Elcoteq's Operating income improved 34% on the previous year to 76.5 million euros (57.3). In 2005 the ODM business grew by approximately 25% and the traditional EMS business by around 10%, driven principally by strong demand for mobile phones.

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