SMT & Inspection | November 01, 2006

Elektrobit post Q3 Profit

Finland based SMT-maker Elektrobit has posted a third-quarter pretax profit to about 1.2 million euros from 9.6 million a year ago and cut its full-year outlook.
Net sales for the July-to-September period slimmed to 48.7 million euros from 54.9 million in the third quarter of 2005. Having earlier predicted its full-year operating profit to be half that seen last year, Elektrobit said in a statement it now expected the 2006 figure to be less than a third of the 2005 operating profit.

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