Scanfil - Contract Manufacturer for the Portfolio

Antti and Tuukka have published a new company report on Scanfil following Q3 :slight_smile:

Scanfil’s Q3 figures published on Friday were operationally in line with our expectations, and we made virtually no changes to our earnings forecasts for the coming years. The company’s outlook is positive in both the short and longer term, and the stock’s valuation is also reasonable (2027e: adj. EV/EBITA 11x). Thus, in our books, the stock’s one-year expected return is attractive. Consequently, we reiterate our target price of EUR 14.00 for Scanfil and our Accumulate recommendation.

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