Outlook updated on 13 October 2021

Future Outlook

Due to strong customer demand and increasing material prices Scanfil revised its outlook for 2021 on October 13. The outlook is as follows:

Scanfil estimates that its turnover for 2021 will be EUR 670–710 (previous, issued June 11, 2021: 630–680) million and its adjusted operating profit will be EUR 41–44 (41–46) million.

The guidance for 2021 involves uncertainty arising from the potential negative impact of the availability of certain materials, especially semiconductors, and the COVID-19 pandemic on customer demand, as well as the delivery capability of the component supply chain.

Long-Term Target

Scanfil’s long-term target: in 2023, Scanfil is organically aiming for EUR 700 million turnover and 7% operating profit.