Scanfils report below expectations
Pinpointkonsensus ahead of Scanfils Q3-report is based on 26 estimates.
Net sales
Scanfil reported net sales of 173,3 MEUR, a decrease of -18.56% from the previous year's 212,8 MEUR. Compared to the Pinpoint consensus of 189,5 MEUR the result is below expectations with a difference of -8.55%
EBIT
EBIT amounted to 12.1 MEUR, a decrease of -20.39% from the previous year's 15.2 MEUR. Compared to the Pinpoint consensus of 13.03 MEUR the result is below expectations with a difference of -7.14%.
Margin
The result corresponds to a margin 6.98% compared to 7.14% the previous year and the expected 6.88%.
"We are gradually seeing customer demand stabilizing even if the rebound has proven to be slower than expected. We believe the fourth quarter will be the strongest quarter of the year." - CEO Christophe Sut
Pinpoint Estimates is an open platform that compiles estimates from investors and analysts ahead of publicly traded companies' quarterly and annual reports. Contributors are given different weights in the consensus based on their historical accuracy.