Group 1 - Aspocomp Group Plc's management transaction involved Pekka Holopainen acquiring 3,750 shares at a unit price of 5.2 EUR on November 17, 2025 [1] - The transaction was executed under portfolio or asset management and was reported as an initial notification [1] - The shares were traded on NASDAQ HELSINKI LTD, indicating the company's active participation in the stock market [1] Group 2 - Aspocomp specializes in printed circuit board (PCB) technology design, testing, and logistics services throughout the product lifecycle [2] - The company serves a global customer base, primarily in telecommunications, automotive, industrial electronics, and semiconductor testing sectors [3] - Aspocomp is headquartered in Espoo, Finland, with a production facility located in Oulu, a significant technology hub [4]

Core Viewpoint - Aspocomp Group Plc has successfully registered 673,682 new shares from its directed share issue, increasing the total number of shares to 7,522,922 [1][2]. Group 1: Share Issuance - A total of 673,682 new shares have been registered with the Finnish Trade Register as of October 31, 2025 [1]. - The new shares will confer equal rights to existing shares from the date of registration [2]. - The new shares are expected to be admitted to trading on Nasdaq Helsinki Ltd's main list starting approximately November 4, 2025 [2]. Group 2: Company Overview - Aspocomp specializes in printed circuit board (PCB) technology design, testing, and logistics services throughout the product lifecycle [2]. - The company serves customers in telecommunications, automotive, industrial electronics, and semiconductor testing sectors, with a significant portion of net sales generated from exports [3]. - Aspocomp is headquartered in Espoo, Finland, with its production facility located in Oulu, a key technology hub in the country [3].

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]

Core Viewpoint - Aspocomp Group Plc has executed a Directed Share Issue and established a new long-term financing arrangement to support growth and enhance its balance sheet [1][2]. Group 1: Directed Share Issue - The Directed Share Issue involves 673,682 shares, accounting for approximately 9.84% of all issued shares prior to the issue and about 8.96% post-issue [4]. - The subscription price for the shares is set at EUR 4.75, reflecting a discount of around 5% from the closing share price of EUR 5.00 on October 30, 2025 [5]. - The gross cash proceeds from the share issue are estimated to be approximately EUR 3.2 million before costs [5]. Group 2: Financing Arrangement - Aspocomp has secured long-term loans totaling EUR 5.5 million as part of a coordinated debt financing package with LähiTapiola and Nordea Bank Finland [2]. - The financing package includes secured senior debt instruments and is intended to complement existing financing agreements [2]. Group 3: Use of Proceeds - The funds raised from the Directed Share Issue will primarily be allocated to expanding the throughput capacity and production quality of the Oulu plant in Finland [9]. Group 4: Rationale for the Directed Share Issue - The Board of Directors assessed various financing options and concluded that the Directed Share Issue is the most favorable alternative for the company and its shareholders, considering the urgency of capital needs and business development [11]. - The Board determined that deviating from shareholders' pre-emptive rights was justified due to significant costs and uncertainties associated with other financing methods [11]. Group 5: Market Position and Growth - The CEO of Aspocomp stated that the company is entering a growth phase with strong market momentum, and the Directed Share Issue is crucial for increasing capacity and improving quality and availability [3].

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].

Core Insights - Aspocomp Group Plc will publish its January-September Interim Report 2025 on October 30, 2025, at 9:00 a.m. Finnish time [1] - The CEO, Manu Skyttä, will present the report in a webcast at 1:00 p.m. Finnish time on the same day [1] - The webcast will be available in Finnish, with presentation materials in English [2] Company Overview - Aspocomp specializes in printed circuit board (PCB) technology, providing design, testing, and logistics services throughout the product lifecycle [3][6] - The company ensures cost-effectiveness and reliable deliveries through its own production and an extensive international partner network [3][6] - Aspocomp's customer base includes companies in telecommunications, automotive, industrial electronics, and semiconductor testing for security technology [4][7] - The majority of Aspocomp's net sales are generated from exports, highlighting its global reach [4][7] - The company is headquartered in Espoo, Finland, with a production facility located in Oulu, a key technology hub [4][7]

Company Overview - Aspocomp Group Plc specializes in printed circuit board (PCB) technology design, testing, and logistics services throughout the entire lifecycle of a product [6][7] - The company serves customers in telecommunications, automotive, industrial electronics, and semiconductor testing sectors, with a significant portion of its net sales generated from exports [7] Shareholding Notification - On July 17, 2025, Mr. Mikko Montonen's holdings in Aspocomp Group Plc fell below the 5 percent threshold, amounting to 335,911 shares, which corresponds to 4.90 percent of the total shares and voting rights [2][3] - The total number of shares in Aspocomp Group Plc is 6,849,240, with each share entitling one voting right [4]

Core Viewpoint - Aspocomp Group Plc reported strong growth in net sales and operating results for the first half of 2025, driven by high demand in the semiconductor and security, defense, and aerospace sectors. The company anticipates continued solid demand and profitability improvements for the remainder of the year [3][4][5]. Financial Performance - For April-June 2025, net sales increased by 43% year-on-year to EUR 10.1 million, with an operating profit of EUR 0.2 million, marking a significant recovery from a loss of EUR 1.2 million in the same period last year [6][10][14]. - The first half of 2025 saw net sales of EUR 20.4 million, a 54% increase compared to EUR 13.3 million in the first half of 2024, with an operating result of EUR 1.0 million, up from a loss of EUR 2.8 million [16][20]. Demand and Market Segments - Demand remained particularly high in the semiconductor industry, with net sales in this segment increasing by 239% year-on-year to EUR 4.7 million in Q2 2025 [10][11]. - The security, defense, and aerospace segments also experienced growth, with a 38% increase in net sales to EUR 2.4 million in the same quarter [11][20]. - Conversely, the automotive segment saw a decline of 16% in net sales, while the industrial electronics segment faced a significant drop of 49% [12][18]. Order Book and Future Outlook - The order book at the end of June 2025 was EUR 19.8 million, reflecting a 74% increase from EUR 11.3 million a year earlier, indicating strong future revenue potential [5][22]. - The company expects demand to remain solid in 2025, particularly in the semiconductor market, supported by investments in AI applications and data centers [3][4]. Cash Flow and Investments - Cash flow from operations improved to EUR 2.4 million in the first half of 2025, compared to a negative cash flow of EUR 3.1 million in the same period last year [27]. - Investments during the review period amounted to EUR 0.4 million, focused on modernizing factory equipment [26]. Equity and Financial Position - The equity ratio at the end of June 2025 was 59.3%, up from 57.8% a year earlier, indicating a strong financial position [28][19]. - Cash assets decreased to EUR 0.9 million from EUR 1.8 million, while interest-bearing liabilities were reduced to EUR 4.7 million [28].

Company Decisions - The Annual General Meeting of Aspocomp Group Plc approved the annual accounts for the financial period 2024 and granted discharge from liability to the Board of Directors and CEO [1] - No dividend will be paid for the fiscal year January 1 - December 31, 2024 [2] - The number of Board members was set at four, with the reelection of Mr. Anssi Korhonen and Mr. Ville Vuori, and the election of Ms. Jenni Enroth and Kaisa Kokkonen as new members [3] Remuneration and Audit - The remuneration for the Board of Directors will remain the same, with the chairman receiving EUR 30,000, the vice chairman EUR 20,000, and other members EUR 15,000 each [4] - Ernst & Young Oy was elected as the company's auditor, with Ms. Erika Grönlund acting as the principal auditor [3] Share Issuance Authorization - The Board of Directors was authorized to issue a maximum of 684,144 shares and options, with the ability to deviate from shareholders' pre-emptive rights [5][6] - This authorization cancels a previous one from April 18, 2024, and is valid until June 30, 2026 [7] Board Organization - Mr. Ville Vuori was elected as the Chairman of the Board, and Ms. Kaisa Kokkonen as the Vice Chairman during the organization meeting [8] - An Audit Committee was established with Ms. Jenni Enroth and Ms. Kaisa Kokkonen as members [9] Independence Assessment - The Board of Directors evaluated the independence of its members and concluded that all are independent of major shareholders and the company [10] Company Overview - Aspocomp specializes in printed circuit board (PCB) technology design, testing, and logistics services throughout the product lifecycle [11] - The company serves customers in telecommunications, automotive, industrial electronics, and semiconductor testing, with a significant portion of net sales generated from exports [12]

Core Insights - Aspocomp's net sales for January-March 2025 reached EUR 10.3 million, marking a 66% increase year-on-year, driven primarily by strong demand in the Semiconductor Industry [5][12][13] - The company reported an operating profit of EUR 0.8 million, a significant turnaround from a loss of EUR 1.6 million in the same period last year, with an operating margin of 8% [9][15][16] - The order book at the end of the review period was a record EUR 21.0 million, reflecting a year-on-year increase of 79%, indicating robust demand across various customer segments [6][17] Financial Performance - Net sales for January-March 2025 were EUR 10.3 million, up from EUR 6.2 million in the same period of 2024, representing a 66% increase [9][12] - The operating result improved to EUR 0.8 million, compared to a loss of EUR 1.6 million in the previous year, with the operating result as a percentage of net sales rising to 8% from -26% [9][16] - Earnings per share for the period were EUR 0.10, a significant improvement from a loss of EUR 0.24 in the previous year [9][15] Market Demand and Segments - Demand for Aspocomp's products remained strong, particularly in the Semiconductor Industry, where net sales increased by 382% year-on-year to EUR 5.2 million [13][14] - The Security, Defense, and Aerospace customer segment saw a 24% increase in net sales, reaching EUR 2.0 million, while the Automotive segment grew by 19% to EUR 2.1 million [14] - The order book's growth was primarily driven by strong demand from the Semiconductor Industry, which accounted for a significant portion of the total orders received [6][17] Operational Efficiency - The company has focused on streamlining production processes, resulting in improved production throughput and delivery reliability [10][8] - Operating cash flow for January-March 2025 was EUR 1.8 million, a substantial improvement from a negative cash flow of EUR 2.0 million in the previous year [8][22] - Investments during the review period were EUR 0.2 million, aimed at modernizing factory equipment at the Oulu plant [21] Outlook - Aspocomp anticipates solid demand for its products in 2025, particularly in the semiconductor market, driven by significant investments in AI applications and data centers [2][11] - The company expects net sales for 2025 to grow significantly compared to 2024, with a clear turnaround to profitability in operating results [3][12]