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Electronics Production | December 03, 2007

GPV is doing better

For the first half year 2007/08 PCB/EMS producer GPV shows a positive results of DKK 1,4 million.
This can be compared with same period last year when GPV made a loss of DKK 3,5 million. GPV’s EMS divisions in Denmark, Switzerland and Thailand are doing well according to the company. The PCB division shows a positive development in China compared to the same period last year. However the Danish PCB division is still in the red.

GPV's mechanical division with plant in Norway and Thailand is developing according to plan. However the plant is Denmark is not doing well due to the weak US dollar and a couple of product changes among the largest customers.

During the rest of 2007/08 GPV predicts a result before tax of DKK 60 million compared with DKK 100 million previously. The company's new CEO will join in on January 1 2008.

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