© Scanfil
Electronics Production |
Scanfil adjusts 2024 outlook amid market challenges
EMS provider Scanfil has revised its financial outlook for 2024 downwards, citing material shortages and a slight softening in customer demand towards the end of the fourth quarter.
Despite expectations for a strong Q4 performance, these challenges have prompted the company to lower its turnover and operating profit projections for the year.
Scanfil now anticipates a turnover of EUR 770–780 million and an adjusted operating profit of EUR 53–54 million for 2024. This marks a downward adjustment from its previous forecast, issued in June, which estimated turnover at EUR 780–840 million and adjusted operating profit at EUR 54–61 million.
