Aspocomp’s Interim Report January-September 2025: Net sales increased significantly, and the operating result was profitable.

Core Insights - Aspocomp Group Plc reported significant growth in net sales and a profitable operating result for the period of January-September 2025, driven primarily by strong demand in the semiconductor market and other key segments [1][5][18]. Group Performance Highlights - For July-September 2025, net sales reached EUR 8.8 million, a 39% increase from EUR 6.4 million in the same period last year [6][12]. - The operating result for the third quarter was EUR 0.3 million, an improvement of EUR 1.5 million compared to a loss of EUR 1.2 million in the previous year [6][16]. - Year-to-date net sales for January-September 2025 amounted to EUR 29.3 million, reflecting a 49% increase from EUR 19.7 million in the same period of 2024 [18][62]. Segment Performance - The semiconductor industry segment saw a remarkable 172% increase in net sales year-on-year, reaching EUR 4.1 million [12][18]. - The security, defense, and aerospace segment also performed well, with a 34% increase in net sales to EUR 2.2 million [13][19]. - Conversely, the automotive segment experienced a decline of 23% in net sales, totaling EUR 1.4 million, attributed to weak demand from end customers [13][19]. Orders and Backlog - Orders received in July-September 2025 decreased by 60% year-on-year, totaling EUR 5.7 million, down from EUR 14.1 million [7][23]. - The order book at the end of the review period was EUR 16.6 million, with EUR 10.2 million scheduled for delivery in 2025 and EUR 6.4 million for 2026 [7][22]. Financial Position - The equity ratio improved to 61.2%, up from 56.5% in the previous year, indicating a stronger financial position [7][29]. - Cash flow from operations for January-September 2025 was EUR 3.0 million, a significant improvement from a negative cash flow of EUR 4.4 million in the same period last year [27][68]. Future Outlook - Demand for Aspocomp's products is expected to remain solid in 2025, particularly in the semiconductor market, driven by investments in AI applications and data centers [4][5]. - The company anticipates continued growth in the security, defense, and aerospace segments, while addressing challenges in the automotive sector [4][9].