Aspocomp Group Plc, Press Release, September 25, 2025, at 9:00 a.m.Aspocomp will organize a Capital Markets Day for investors, analysts, financial media and other industry representatives on November 4, 2025, from 9:00 a.m. to 12:00 p.m., at the Helsinki Fair Center, Conference Room, Rautatieläisenkatu 3, Helsinki, Finland.During the CMD, the company’s CEO Manu Skyttä and CFO Terhi Launis, among others, will present Aspocomp's views on the market situation, the company's strategy, investments and outlook. A ...

Group 1 - Aspocomp Group Plc has established a Shareholders' Nomination Board consisting of three members representing the company's three largest shareholders, with the Chairman of the Board serving as an expert member [1][2] - The Nomination Board is responsible for preparing and presenting proposals regarding the number and remuneration of the Board of Directors' members, as well as its composition, to the Annual General Meeting and, if necessary, to the Extraordinary General Meeting [2] - The three largest shareholders are determined annually based on ownership information registered on the first business day of September [1] Group 2 - Aspocomp specializes in printed circuit board (PCB) technology, providing design, testing, and logistics services throughout the product lifecycle [4] - The company serves customers in telecommunications, automotive, industrial electronics, and semiconductor testing sectors, with a significant portion of its net sales generated from exports [5] - Aspocomp is headquartered in Espoo, Finland, with its production facility located in Oulu, a key technology hub in the country [5]

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 Insights - Aspocomp Group Plc has appointed Ms. Terhi Launis as the new Chief Financial Officer (CFO), effective September 1, 2025, bringing extensive financial management experience from her previous roles [2][3]. - The current CFO, Mr. Jouni Kinnunen, will assist in the transition before his retirement, having contributed significantly to the company since 1984 [3][4]. - The Management Team will consist of six members, including the new CFO, and will report to President and CEO Manu Skyttä [4]. Company Overview - Aspocomp specializes in printed circuit board (PCB) technology, providing design, testing, and logistics services throughout the product lifecycle [6]. - The company serves a global customer base in sectors such as telecommunications, automotive, industrial electronics, and semiconductor testing [7]. - Aspocomp is headquartered in Espoo, Finland, with a production facility located in Oulu, a key technology hub [7].

Group 1 - Aspocomp Group Plc has approved a new performance period for its share-based long-term incentive scheme, covering the years 2025–2027 [1][2] - The Performance Share Plan (PSP) 2025–2027 will commence at the beginning of 2025, with share rewards potentially paid in the first half of 2028, contingent on performance targets [2][3] - Performance measures for the PSP 2025–2027 include cumulative EBIT and total shareholder return (absolute TSR), with a maximum of 20 employees eligible to participate [3][4] Group 2 - If all performance targets are fully achieved, a maximum of 240,000 shares may be awarded under the PSP 2025–2027, with the value capped based on Aspocomp's share price development [4] - Aspocomp has a share ownership recommendation for its Management Team, requiring members to retain at least half of shares received until certain ownership value thresholds are met [5] Group 3 - Aspocomp specializes in PCB technology design, testing, and logistics services, ensuring cost-effectiveness and reliable deliveries through its production and international partner network [6][7] - The company's customer base includes firms in telecommunications, automotive, industrial electronics, and semiconductor testing, with most net sales generated from exports [7]

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 Overview - Aspocomp Group Plc specializes in printed circuit board (PCB) technology design, testing, and logistics services throughout the entire product lifecycle [3] - The company is headquartered in Espoo, Finland, with a production facility located in Oulu, a significant technology hub in the country [5] Customer Base - Aspocomp's customers include companies involved in designing and manufacturing telecommunication systems, automotive and industrial electronics, and semiconductor component testing systems for security technology [4] - The company has a global customer base, with the majority of its net sales generated from exports [4] Upcoming Events - Aspocomp will publish its Half-Year Interim Report for 2025 on July 17, 2025, at approximately 9:00 a.m. Finnish time [1] - The CEO, Manu Skyttä, will present the report in a webcast starting at 1:00 p.m. Finnish time on the same day [1] - Questions for the presentation can be submitted via the chat functionality of the webcast portal [2]

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]