Scanfil Oyj

On October 31, 2024, Scanfil Oyj announced a manager's transaction involving Kai Valo, the Chief Financial Officer. The transaction, dated October 30, 2024, involved the acceptance of a stock option linked to Scanfil's 2022C stock option program. The transaction volume was 20,000 units with a unit price of 0.00 EUR. Scanfil is a leading European Electronics Manufacturing Service company with a turnover of EUR 902 million in 2023, serving multiple global industry sectors. For further information, Pasi Hiedanpää, Director of Investor Relations and Communications, can be contacted.

On October 31, 2024, Scanfil Plc reported a manager's transaction involving Christina Wiklund, a senior manager. The transaction, which took place on October 30, 2024, involved the acceptance of a stock option linked to Scanfil's 2022C financial instrument. The transaction volume was 20,000 units at a unit price of 0.00 EUR. Scanfil Plc is a leading European Electronics Manufacturing Service company with a turnover of EUR 902 million in 2023, serving various global industry sectors. For further details, Pasi Hiedanpää, Director of Investor Relations and Communications, can be contacted.

On October 31, 2024, Scanfil Plc reported a manager's transaction involving Christophe Sut, the company's CEO. The transaction, dated October 30, 2024, involved the acceptance of a stock option linked to Scanfil's 2022C instrument. The transaction volume was 120,000 units, with a unit price of 0.00 EUR. Scanfil Plc is a leading European Electronics Manufacturing Service company with a turnover of EUR 902 million in 2023, serving various global industry sectors. For further information, Pasi Hiedanpää, Director of Investor Relations and Communications, can be contacted.

On October 31, 2024, Scanfil plc reported a manager's transaction involving Anette Mullis, a senior manager. The transaction, dated October 30, 2024, involved the acceptance of 20,000 stock options linked to the Scanfil 2022C program, with a unit price and volume weighted average price of 0.00 EUR. Scanfil plc is a leading European Electronics Manufacturing Service company with a turnover of EUR 902 million in 2023, serving various global industries. For further details, Pasi Hiedanpää, Director of Investor Relations and Communications, can be contacted.

On October 31, 2024, Scanfil Oyj announced a manager's transaction involving Riku Hynninen, a senior manager at the company. The transaction, dated October 30, 2024, involved the acceptance of a stock option linked to the Scanfil 2022C program. The transaction volume was 20,000 units at a unit price of 0.00 EUR. Scanfil is a leading European Electronics Manufacturing Service company with a turnover of EUR 902 million in 2023, serving various global industry sectors. For more information, Pasi Hiedanpää, Director of Investor Relations and Communications, can be contacted.

Scanfil Oyj announced a manager's transaction involving Markku Kosunen, a senior manager at the company. The transaction, which took place on October 28, 2024, involved the disposal of shares on NASDAQ Helsinki Ltd. A total of 11,384 shares were disposed of at a volume-weighted average price of 7.89564 EUR. Scanfil Oyj is a leading European Electronics Manufacturing Service company with a turnover of EUR 902 million in 2023, serving sectors such as Industrial, Energy & Cleantech, and Medtech & Life Science. For more information, contact Pasi Hiedanpää, Director of Investor Relations and Communications.

On October 31, 2024, Scanfil Plc reported a manager's transaction involving Markku Kosunen, a senior manager at the company. The transaction, dated October 30, 2024, involved the acceptance of a stock option linked to Scanfil's 2022C stock option program. The volume of the transaction was 20,000 units, with a unit price of 0.00 EUR. For further information, Pasi Hiedanpää, Director of Investor Relations and Communications, can be contacted. Scanfil Plc is a leading European Electronics Manufacturing Service company with a turnover of EUR 902 million in 2023, serving various global industry sectors.

On October 31, 2024, Scanfil Plc reported a manager's transaction involving Steve Creutz, a senior manager. The transaction, dated October 30, 2024, involved the acceptance of a stock option linked to the Scanfil 2022C financial instrument. The transaction volume was 20,000 units with a unit price of 0.00 EUR. For further information, Pasi Hiedanpää, Director of Investor Relations and Communications at Scanfil, can be contacted. Scanfil Plc is a leading European Electronics Manufacturing Service company with a turnover of EUR 902 million in 2023, serving industries such as Industrial, Energy & Cleantech, and Medtech & Life Science.

On October 25, 2024, Scanfil plc's Board of Directors decided to distribute stock option rights to key personnel within the company. A total of 370,000 option rights were allocated, with the CEO Christophe Sut receiving 120,000, members of the Management Team receiving 20,000 each, and other key personnel receiving a total of 130,000. These option rights, labeled "2022CI" and "2022CII," allow holders to subscribe for one new or existing share per option. The subscription period runs from May 1, 2027, to April 30, 2029, contingent upon meeting specific production and financial goals set by the Board. The options were distributed free of charge, with the subscription price based on the average share price on Nasdaq Helsinki during November 2024. This distribution follows an authorization from the Annual General Meeting in April 2022 to issue up to 1,200,000 stock options. Scanfil plc is a leading European electronics manufacturing services provider with significant global reach and operations across three continents.

Scanfil Oyj's interim report for January-September 2024 highlights the company's ability to maintain its profit margins despite challenging market conditions. The company revised its 2024 outlook, estimating a turnover of EUR 780-840 million and an adjusted operating profit of EUR 54-61 million. In the third quarter, turnover decreased by 18.6% compared to the previous year, while the adjusted operating profit was EUR 12.4 million, maintaining a 7.2% margin. Net profit for the quarter was EUR 8.7 million, a 20.7% decrease from the previous year. Scanfil's financial position remains strong, with a significant reduction in net debt and improved inventory management. The company continues to secure new contracts and projects, particularly in the Industrial, Energy & Cleantech, and Medtech & Life Science segments. Scanfil also announced its first acquisition since 2019, acquiring SRXGlobal to enhance its presence in the APAC region. The company expects the fourth quarter to be the strongest of the year and is committed to implementing its growth strategy through efficiency improvements, new customer contracts, and mergers and acquisitions.