Scanfil revises its turnover and operating profit upwards for 2023

Customer demand and outlook have continued to strengthen in the beginning of the year, especially in the Energy & Cleantech, Automation & Safety and Medtech & Life Science customer segments. In addition, the availability of electronic components has improved faster than expected, which makes it possible to respond to customer demand and also improve productivity.

In 2022, we invested extensively in increasing the production capacity of the factories, and the investments have been continued during the current year, which in part enables higher production volumes.

The new outlook for 2023:

Scanfil estimates that its turnover for 2023 will be EUR 880–940 million and its adjusted operating profit will be EUR 56–64 million.

The previous outlook for 2023, issued on 21 February 2023:

Scanfil estimates that its turnover for 2023 will be EUR 820–890, and an adjusted operating profit of EUR 49–55 million.

Scanfil publishes its January-March interim report on Wednesday, 26 April 2023 approx. at 8.00 am EEST.