Finland's Aspocomp Q4 results hit by equipment failure, low-margin orders

Aspocomp Oyj

25/02/2026 07:08

Overview

Finland PCB maker's Q4 net sales rose 12% yr/yr

Operating result impacted by equipment failure and low-margin orders

Orders received in Q4 increased by 53% yr/yr

Outlook

Aspocomp expects 2026 net sales growth and improved operating results compared to 2025

Company anticipates solid demand in defense and semiconductor markets in 2026

Aspocomp plans EUR 10 mln investment at Oulu plant to increase capacity by 2027

Result Drivers

EQUIPMENT FAILURE - Q4 operating result negatively impacted by a breakdown of plant machinery, affecting production throughput

LOW-MARGIN ORDERS - Profitability burdened by low-margin orders agreed in 2024, affecting results until mid-2026

STRONG DEMAND - Orders received increased by over 50%, driven by demand in Semiconductor and Security, Defense, and Aerospace segments

Company press release: ID:nGNEWJGbY

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
EUR 8.90 mln
Q4 EPS
-EUR 0.04
Q4 EBIT
-EUR 400,000
Q4 EBITDA
-EUR 100,000
Q4 Pretax Profit
-EUR 500,000


Analyst Coverage

The one available analyst rating on the shares is "sell"

The average consensus recommendation for the semiconductors peer group is "buy."

Wall Street's median 12-month price target for Aspocomp Group Oyj is €5.00, about 2.3% below its February 24 closing price of €5.12

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 12 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)