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Aspocomp’s Board of Directors has approved the company’s strategy for 2026-2030  
Globenewswire·2025-11-03 07:00

Core Viewpoint - Aspocomp Group Plc has approved a revised strategy for 2026-2030, focusing on strengthening its market position and growth in the Security, Defense, Aerospace, and Semiconductor segments due to increased demand [1] Group 1: Strategy and Goals - The revised strategy aims to achieve over EUR 100 million in long-term revenue, with a focus on expanding the production network through M&A and increasing capacity at the Oulu plant [2][7] - Aspocomp seeks to become one of the top three PCB manufacturers in selected industry segments in Europe, emphasizing sustainable profitability and capacity expansion [5][6] Group 2: Market Demand and Growth - The PCB market in Europe is expected to grow from approximately EUR 2.1 billion in 2024 to EUR 2.9 billion by 2030, with a compound annual growth rate exceeding 5% [4] - Demand in the semiconductor market is anticipated to develop favorably due to significant investments in AI applications and data centers, alongside strong growth in the Security, Defense, and Aerospace segments [8] Group 3: Financial Outlook - Aspocomp estimates that its net sales for 2025 will significantly increase from EUR 27.6 million in 2024, with a turnaround to profitability from an operating loss of EUR 4.0 million [9] - The company aims for an EBIT margin exceeding 10% in the midterm while maintaining a debt-to-equity ratio above 40% [7] Group 4: Operational Developments - The Oulu plant's capacity is fully utilized, and demand has exceeded current capacity, indicating a strong market position [6] - The company plans to invest in expanding the Oulu plant's throughput capacity by up to 50% to improve production quality and machine availability [7]