Scanfil (SCANFL) Aktiedagarna 2026 summary

Financial targets and performance

• Long-term targets include 10% annual turnover growth, 7%-8% EBITDA margin, and net debt/EBITDA below 1.5.

• Dividend has increased for 13 consecutive years, with a policy of one third of EPS.

• Turnover grew from under EUR 700 million in 2021 to around EUR 1 billion, driven by M&A and organic growth.

• Profitability stabilized at around 7.1% EBITDA in recent years.

• Net debt/EBITDA rose to 1.57 in Q1 2026 due to acquisitions.

Strategic acquisitions and regional expansion

• Acquired ADCO Circuits in the US (EUR 35–40 million revenue, 40% aerospace/defense focus).

• Acquired MB Elettronica in Italy (EUR 120 million revenue, >40% aerospace/defense, 600 employees).

• MB Elettronica expands reach in Southern Europe and brings complementary customers.

• US and Italian acquisitions significantly increase presence and scale in both regions.

Regional business performance

• Americas region shows strong organic growth, though Q1 EBITDA impacted by new product introductions.

• Asia Pacific region affected by FX and Chinese New Year, but stable EBITDA and EUR 9 million Suzhou factory expansion underway.

• Central Europe benefits from MB Elettronica, with Polish operations returning to growth and profitability.

• Northern Europe achieved 5.6% organic growth, with improved EBITDA margin and strong aerospace/defense demand.