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Scanfil Oyj Earnings Release 2023

Jul 10, 2023

3290_iss_2023-07-10_9f742b12-dc0c-4a1d-8ed6-ed4790efc13d.pdf

Earnings Release

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Scanfil revises its turnover and operating profit upwards for 2023

10.7.2023 17:15:00 EEST | Scanfil Oyj | Inside information

Scanfil plc Inside Information 10 July 2023 at 5.15 p.m. EEST

Scanfil revises its turnover and operating profit upwards for 2023

The strongly developed customer demand, further improved electronics components availability and investments in production capacity have enabled higher production volumes and strengthened the outlook for the rest of the year.

The new outlook for 2023:

Scanfil estimates that its turnover for 2023 will be EUR 900–950 million and its adjusted operating profit will be EUR 61–68 million.

The previous outlook for 2023, issued on 12 April 2023:

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

Scanfil publishes its January-June interim report on Friday, 4 August 2023 approx. at 8.00 am EEST.

Scanfil plc

For additional information:

Petteri Jokitalo CEO tel. +358 44 788 2400 [email protected]

Pasi Hiedanpää Director, Investor Relations and Communications tel. +358 50 378 2228 [email protected]

Scanfil is an international manufacturing partner and system supplier for the electronics industry with 45 years of experience in demanding manufacturing. Scanfil provides its customers with an extensive array of services, ranging from product design to product manufacturing, material procurement and logistics solutions. Vertically integrated production and a comprehensive supply chain are the foundation of Scanfil's competitive advantages: speed, flexibility and reliability.

Typical Scanfil products are modules or integrated products for e.g. self-service application, automation systems, wireless connectivity modules, climate control systems, collection and sorting systems, analyzers and environmental measurement solutions. Scanfil services are used by numerous international automation, safety, energy, cleantech, connectivity and health service providers, as well as companies operating in the field of urbanization. Scanfil's network of factories consists of 9 production units in Europe, Asia and North America. More information about the company: www.scanfil.com

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