Scanfil Reports Solid Performance in 2020
Scanfil reports solid performance in exceptional year in fourth quarter and full year 2020. Customer demand picked up towards year end.
October - December
Adjusted operating profit EUR 10.4 (10.0) million, 6.8% (6.5%) of turnover, increase of 3.9%
Operating profit EUR 4.3 (10.0) million, 2.8% (6.5%) of turnover, decrease of 56.9%
Net profit was EUR 3.1 (9.8) million
Earnings per share were EUR 0.05 (0.15), adjusted earnings per share EUR 0.14
January – December
Adjusted operating profit EUR 39.1 (39.4) million, 6.6% (6.8%) of turnover, decrease of 0.7%
Operating profit EUR 44.4 (35.3) million, 7.5% (6.1%) of turnover, increase of 25.8%
Net profit for the review period was EUR 36.9 (28.1) million
Earnings per share were EUR 0.57 (0.44), adjusted earnings per share EUR 0.50
The Board of Directors proposes a dividend of EUR 0.17 (0.15) per share to
SCANFIL GROUP S FINANCIAL STATEMENT FOR 1 JANUARY 31 DECEMBER 2020 Helsinki Stock Exchange:SCANFL
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SCANFIL STREAMLINES ITS FACTORY NETWORK AND REORGANIZES ITS PRODUCTION IN CENTRAL EUROPE
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