Scanfil: 2022 EBIT guidance in line with consensus - Nordea
Scanfil reported better net sales and better clean EBIT than market consensus (Infront) expected in Q4, regardless the availability of components has remained a problem in Q4 taking down utilisation ratios. The availability of semiconductors will continue to be challenging at least in the first half of the year. High component prices have been passed on to end-product prices, but Scanfil has not received an ordinary margin for this excess revenue why EBIT margin was 5.3% in Q4 compared to long term target of 7%. The company’s new long-term annual sales growth target is 5-7%. Long-term operating profit margin target remained unchanged at 7%. Dividend proposal EUR 0.19 (cons EUR 0.19).
Länk till analysen i sin helhet: https://research.nordea.com/api/reportfileapi?id=752062