Business Services Industry

Finland's Componenta Corporation reports operating profit of EUR38.2m in 2007

Nordic Business Report, Jan 16, 2008

NORDIC BUSINESS REPORT-16 January 2008-Finland's Componenta Corporation reports operating profit of EUR38.2m in 2007(C)1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com

Finnish component supplier Componenta Corporation reported on Wednesday (16 January) an operating profit of EUR38.2m on net sales of EUR635m for the financial year 2007.

Both operating profit and net sales for the 12-month period increased, respectively from EUR14.9m and EUR362m, as compared to 2006.

The earnings per share (EPS) amounted to EUR1.97, up from EUR0.36.

Componenta is a metal sector company with international operations and production plants located in Finland, the Netherlands, Sweden and Turkey. Componenta is listed on the Nordic Exchange in Helsinki.

One British pound (GBP) is worth approximately 1.32 euros (EUR).

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