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Electronics Production | June 12, 2006

Efore sales up 39%

Finland based EMS-provider Efore has announced it's results for November-April. Net sales went up to EUR 49.1 million (EUR 35.3 million), the growth compared with the corresponding period in the previous fiscal period being 39.3 per cent.

The growth in net sales for the period under review accrued principally from the increase in deliveries of power supply solutions for mobile phone networks, fixed telecommunications networks and industrial electronics. Sales by customer segment were as follows: telecommunications 70.9% (68.3%), industrial electronics 24.5% (25.4%) and health-care electronics 4.6% (6.3%). Geographically sales were as follows: EMEA EUR 29.8 million (EUR 23.2 million), the Americas EUR 14.0 million (EUR 9.5 million) and APAC EUR 5.3 million (EUR 2.6 million). The operating profit for November-April was EUR 0.4 million (EUR -2,5 million). The net profit for the period was affected by planned restructuring related to production and modifications to products as required by the RoHS Directive. The profit before taxes for November - April was EUR 0.9 million (EUR -2.7 million) and the net profit was EUR -1.5 million (EUR -3.0 million). Click here for the full report (efore.fi).
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