According to advance information, Aspocomp's net sales in the January-December 2017 period amounted to EUR 23.0 million (EUR 21.6 million 1-12/2016). Net sales increased by 6.2% compared to the previous year, but fell short of the expected growth of about 10%, due to the weakening of the US dollar and the delays in a major customer project in December 2017. The comparable exchange rates had a negative impact of EUR 0.17 million on net sales.
According to advance information, Aspocomp's operating result developed positively but the operating margin remained at the same level as in 2016.
In its previous outlook for 2017 (Company Announcement on October 26, 2017) Aspocomp estimated that its net sales would grow approximately 10% and the operating margin would be better than in 2016.
Aspocomp's Financial Statements bulletin for the period January 1 - December 31, 2017 will be released on February 15, 2018. Aspocomp is currently observing a silent period and the next time the company will comment on its results and outlook will be after the publication of the Financial Statements Bulletin.
Tags, PCB manufacturer, PCB assembly, PCB Production, PCB fabrication, PCB company.