OULU, FINLAND – Scanfil reported first quarter revenue of 192.6 million euros ($219.3 million), down 3.2% from a year ago. 

EBITA fell 4.1% to EUR 12.6 million on a comparable basis, while EBITA margin ticked down 10 basis points to 6.5%.

Operating profit (EBIT) was EUR 11.9 million, a decrease of -6.6%. Operating profit (EBIT) margin was at 6.2%.

Net profit was EUR 8.3 million, a decrease of 15%

Scanfil forecast 2025 revenue of EUR 780 million to 920 million, and comparable EBITA of EUR 55 million to 68 million. The EMS provider eported €779.8 million ($816.9 million) in full-year sales for 2024.