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SCANFIL GROUP’S FINANCIAL STATEMENT FOR 1 JANUARY – 31 DECEMBER 2019

SCANFIL PLC          FINANCIAL STATEMENT RELEASE        19 FEBRUARY 2020      8.00 A.M.  SCANFIL GROUP’S FINANCIAL STATEMENT FOR 1 JANUARY – 31 DECEMBER 2019
 
Q4/19 and 2019: Strong fourth quarter as expected, stable development throughout the year

October – December 2019
– Turnover totalled EUR 154.7 million (Q4 2018: 140.2), increase 10.3%
– Operating profit EUR 10.0 (7.5) million, 6.5% (5.4%) of turnover, increase 33.2%
– Profit was EUR 9.8 (6.4) million
– Earnings per share amounted EUR 0.15 (0.10)
Key FiguresPetteri Jokitalo, CEO:
“The fourth quarter was our strongest, considering our turnover, totaling EUR 155 million, showing a growth of EUR 15 million, or 10%, year-on-year. A little more than one-third of this growth was organic, while the acquisition of HASEC-Elektronik GmbH in June accounted for the rest. Our annual turnover increased in all customer segments, apart from the Communication segment. The turnover of the Industrial and Medtec segments, in particular, improved significantly.Publication of financial releases

This stock exchange release is a summary of the Scanfil Group’s Financial Statement Release 1 January – 31 December, 2019 and includes the most relevant information of the report. The complete report is attached to this release as a pdf file and is also available on the company’s website at www.scanfil.com.
Press conference and webcastA press and analyst conference in Finnish will be held on February 19, 2020 from 10 am to 11 am at Hotel Kämp, Akseli Sali, Pohjoisesplanadi 29, 00100 Helsinki. The result will be presented by CEO Petteri Jokitalo. CFO Kai Valo will also be present.The press conference can be followed by a live webcast at https://scanfil.videosync.fi/2019-results. In the webcast it is possible to ask questions in writing. A recording of the press conference will be available on the same day at http://www.scanfil.com/investors/financial-reports/interim-reports.htmlPresentation materials for the event will be available at approximately 10 am on the Scanfil website at http://www.scanfil.com/investors/financial-reports/investor-presentations.htmlSCANFIL PLCPetteri Jokitalo
CEO
Additional information:
CEO Petteri Jokitalo
Tel +358 8 4882 111
Distribution         NASDAQ OMX, Helsinki
                           Major Media
                           www.scanfil.com
Scanfil is an international contract manufacturer and system supplier for the electronics industry with 40 years of experience in demanding contract 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.AttachmentScanfil plc Financial Statement Release 19022020

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