• Tue. May 28th, 2024

Aspocomp’s Performance Meets Expectations, Setting the Stage for Improvement in the Coming Year


May 15, 2024

The company reported disappointing results for the year, falling short of last year’s performance and resulting in no dividend being distributed. Expectations are for the semiconductor market to slowly recover throughout the year, with consumer demand in other segments improving as well. Interest rate cuts are also anticipated to support growth.

Aspocomp, a contract manufacturer of circuit boards, announced a weak end to the year as predicted. In January, the company revised its turnover and profit guidance downwards due to lower revenue, an unfavorable product mix, and rising material costs.

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