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Scanfil Revises Turnover Upwards for 2022; Reiterates Outlook for Operating Profit
April 14, 2022 | ScanfilEstimated reading time: Less than a minute
Due to purchases carried out to secure the availability of materials and components, especially spot-market purchases of semiconductors, Scanfil revises its turnover upwards for 2022. In 2021, these purchases carried out to secure customer deliveries totaled EUR 32.0 million and they were mainly executed in the second half of the year. The company expects the level to remain high in 2022, which resulted the change in the company’s outlook.
The outlook change in the turnover do not have an effect on operating profit; the outlook range remains at EUR 43–48 million.
The new outlook for 2022:
Scanfil estimates that its turnover for 2022 will be EUR 750–820 million and its adjusted operating profit will be EUR 43–48 million.
The guidance involves uncertainty especially arising from the availability and price level of semiconductors and the delivery capability of the supply chain. In addition, the war in Ukraine and COVID-19 might create risks and uncertainties.
The previous outlook for 2022, issued on 22 February 2022:
Scanfil estimates that its turnover for 2022 will be EUR 710–760 million and its adjusted operating profit will be EUR 43–48 million.
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