Standard of Excellence: Delivering Excellence—A Daily Goal
Knocking Down the Bone Pile: Tin Whisker Mitigation in Aerospace Applications, Part 3
The Knowledge Base: Building the Workforce of Tomorrow With EMAC
Scanfil Revises Adjusted Operating Profit Downward, Narrows Range of Turnover for 2021
December 13, 2021 | ScanfilEstimated reading time: Less than a minute
The downward revision of adjusted operating profit is mainly due to the continuation of challenges in material availability and the worsening of the COVID-19 situation in the company’s operating geographies during the fourth quarter of 2021. These matters have affected negatively productivity and profitability of the factories. In addition, the inventory growth has exposed the company to increasing foreign exchange risk. This has expected to have a higher negative effect during the last quarter of the year than anticipated.
Customer demand has remained strong during the last quarter.
New outlook for 2021:
Scanfil estimates that its turnover for 2021 will be EUR 680–700 million, and its adjusted operating profit will be EUR 38–41 million.
The guidance for the remainder of 2021 involves still uncertainties arising from the potential negative impact of the availability of certain materials, especially semiconductors, and the COVID-19 pandemic on the delivery capability of the supply chain, factories production capabilities as well as customer demand.
The previous outlook for 2021, issued 13 October 2021:
Scanfil estimates that its turnover for 2021 will be EUR 670–710 million, and its adjusted operating profit will be EUR 41–44 million.
Share on:
Suggested Items
Tariff Effects and China Subsidies Soften 1Q25 Downturn; Foundry Revenue Decline Narrows to 5.4%
06/09/2025 | TrendForceTrendForce’s latest investigations find that the global foundry industry recorded 1Q25 revenue of US$36.4 billion—a 5.4% QoQ decline. The downturn was softened by last-minute rush orders from clients ahead of the U.S. reciprocal tariff exemption deadline, as well as continued momentum from China’s 2024 consumer subsidy program.
Nordson Reports Q2 Fiscal 2025 Results and Q3 Guidance
05/30/2025 | BUSINESS WIRENordson Corporation reported results for the fiscal second quarter ended April 30, 2025. Sales were $683 million compared to the prior year’s second quarter sales of $651 million.
Rocket Lab Enters Payload Market with Agreement to Acquire Geost
05/28/2025 | BUSINESS WIRERocket Lab Corporation, a global leader in launch services and space systems, today announced the signing of a definitive agreement to acquire the parent holding company of Geost, LLC (Geost).
Global NEV Sales Top 4 Million in 1Q25; BYD Remains Dual Leader, Xiaomi Enters Top 10 in BEV Segment
05/21/2025 | TrendForceTrendForce’s latest reports reveal that global NEV sales—including BEVs, PHEVs, and FCEVs—reached 4.02 million units in the first quarter of 2025, marking a 39% YoY increase. NEVs accounted for 18.4% of total global auto sales for the quarter.
Geospace Unveils New Brand Identity Reflecting the Company’s Move into Diverse Markets
05/20/2025 | BUSINESS WIREGeospace Technologies Corporation announces a new brand identity, reflecting the company's transformation of its leadership and culture along with a redefined strategy focused on applied intelligent technology.