ASPOCOMP GROUP PLC STOCK EXCHANGE RELEASE September 28, 2006 at 2:15 PM
ASPOCOMP'S RECOVERY SLOWER THAN ANTICIPATED: WILL NOT REACH BREAK-EVEN IN 2006
The upturn of the Aspocomp Group's profitability is taking place slower than anticipated and contrary to earlier estimates, the profitability of the Group is not expected to reach break-even by the end of the year. The result for the third quarter of 2006 is anticipated to improve compared to the previous quarter and the result for the last quarter to improve on the third quarter, but not to reach break-even by the year end.
The full-year result is anticipated to be clearly unprofitable mainly due to the Salo plant's performance.
For further information, please contact Maija-Liisa Friman, CEO, tel. +358 9 7597 0711.
ASPOCOMP GROUP PLC
Maija-Liisa Friman President and CEO
Aspocomp: Innovative interconnection solutions for the electronics industry
The Aspocomp Group offers and develops innovative interconnection solutions for the electronics industry in close cooperation with its customers. We are strongly positioned as a supplier of mobile data terminal equipment components and aim to further bolster our position as a supplier to the automotive industry and data communications networks. We offer our global customers a fast road to mass production through flexible and cost-effective adaptation of new technologies.
The Aspocomp Group's production facilities are located close to its customers in Finland, China, and Thailand. In 2005, the Group's net sales stood at EUR 154 million and it had about 3,400 employees.
Distribution: Helsinki Stock Exchange Major media www.aspocomp.com
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