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Aspocomp issues a profit warning: the operating result for 2020 will be slightly unprofitable

Written by Customer Service on . Posted in Public Companies.


Aspocomp Group Plc, Inside Information, January 15, 2021 at 11:30 a.m.

 Aspocomp’s January-December 2020 net sales is estimated to be EUR 25.6 million. Demand in the telecommunications networks and automotive segments in the fourth quarter was lower than expected. Due to the low net sales and the EUR 0.3 million loan provision recorded in the first quarter, Aspocomp’s operating result for January-December 2020 is estimated to
be lower than previously forecast and to be approximately EUR -0.1 million.

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