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Analytikerkommentar

Scanfil invests in an electronics manufacturing line at its Atlanta plant in the US

Af Antti ViljakainenHead of Research
Scanfil

Translation: Original published in Finnish on 05/08/2025 at 07:54 am EEST

Scanfil announced yesterday that the company is investing in a second electronics manufacturing line at its Atlanta plant in the US. Demand for electronics manufacturing in the US has increased over the past two years and is expected to continue to grow. The expansion is expected to be completed in Q4. The investment is estimated to be worth 2.4 MEUR.

This is a small but capital-efficient investment to expand business in the US, where tightening trade policies and bringing production chains closer to end users have increased demand, at least for now. Reflecting this, Scanfil's Americas business area has seen accelerating revenue and earnings growth over the past 3 years. However, the investment does not cause immediate pressure to change our near-term forecasts for Scanfil at this stage.

Scanfil

8,75EUR07.05.2025, 18.00
9,00EURKursmål
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Anbefaling opdateret:24.04

Scanfil is an international electronics contract manufacturer specializing in industrial and B2B customers. Its service offering includes manufacturing of end-products and components such as PCBs. Manufacturing services are the core of the company supported by design, supply chain, and modernization services. It operates globally in Europe, the Americas, and Asia. Customers are mainly companies operating in process automation, energy efficiency, green transition, and medical segments.

Read more on company page

Key Estimate Figures24.04

202425e26e
Omsætning779,9830,8876,1
vækst-%-13,5 %6,5 %5,5 %
EBIT (adj.)54,959,863,8
EBIT-% (adj.)7,0 %7,2 %7,3 %
EPS (adj.)0,620,690,75
Udbytte0,240,250,27
Udbytte %2,9 %2,7 %2,9 %
P/E (adj.)13,313,512,4
EV/EBITDA7,67,67,0
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