Prospects

Componenta's prospects for 2011 are based on general external economic indicators, delivery forecasts given by customers, and on Componenta's order intake and order book.

The prospects below have been published in Componenta's interim report on 24 April  2012 

• Componenta's order book at the end of March was at a similar level to that at the same time in the previous year.
• Full year net sales in 2012 are expected to remain at the same level as in the previous year or to rise slightly. As a result of the implemented price rises and closure of three unprofitable business units, the operating profit is expected to show a clear improvement. The result after financial items excluding one-time items is expected to improve significantly, bearing in mind the low level of the figure for comparison.
• Net cash flow from operations is expected to improve clearly and changes in working capital should continue to be moderate. Investments in production facilities in 2012 are expected to be some EUR 12 million. 

The Board of Directors of Componenta Corporation adjusted the Group’s outlook for 2012 on 20 March 2012.

• Componenta's order book at the beginning of 2012 was 5% higher than in the previous year.
• Full year net sales 2012 are expected to be similar to the previous year's figure or to grow slightly. As a result of the implemented price increases and the improved cost structure, the operating profit is expected to improve clearly. The result after financial items excluding one-time items is expected to improve significantly, taking into account the low level of the corresponding figure. Net cash flow from operations is expected to improve clearly and changes in working capital should remain moderate. Investments in production facilities in 2012 are estimated at some EUR 12 million.

Outlook for the first quarter of 2012 has not changed from those published on 24 January 2012. The net sales are expected to grow slightly from the previous year. As a result of the implemented price increases and the improved cost structure, the operating profit is expected to improve clearly. The result after financial items excluding one-time items is expected to improve. 

The prospects below have been published in Componenta's Financial Statements review on 24 January 2012

• Componenta's order book at the beginning of the 2012 was 5% higher than in the previous year.
• Net sales in the first quarter of 2012 are expected to be similar to that in the previous year. As a result of the implemented price increases and the improved cost structure, the operating profit and result after financial items excluding one-time items are expected to improve from previous year.
• Net cash flow from operations in 2012 is expected to improve clearly and changes in working capital should remain moderate, due to the sale of trade receivables. Investments in production facilities in 2012 are estimated at some EUR 12 million.