Scanfil (SCANFL) Q1 2026 earnings summary

Executive summary

• Turnover for Q1 2026 rose 19.0% year-over-year to EUR 229.1 million, with 6.5% organic growth and significant contributions from acquisitions, especially MB Elettronica and ADCO Circuits.

• Strong demand across key customer segments, with notable momentum in Americas and APAC regions.

• Margins and profitability improved, with comparable EBITA up 24.1% to EUR 15.6 million and margin at 6.8%.

• Net profit increased to EUR 9.8 million, and EPS rose to EUR 0.15.

• Customer portfolio diversified, with largest customer now just above 10% of revenue.

Financial highlights

• Turnover reached EUR 229.1 million, up 19.0% year-over-year, with 6.5% organic growth.

• Comparable EBITA was EUR 15.6 million, up 24.1% year-over-year, margin improved to 6.8%.

• Net profit for Q1 was EUR 9.8 million, up from EUR 8.3 million a year earlier.

• Earnings per share increased to EUR 0.15 from EUR 0.13.

• Dividend proposal of EUR 0.25 per share, representing 40% of EPS.

Outlook and guidance

• 2026 turnover guidance reiterated at EUR 940–1,060 million; comparable EBITA guidance at EUR 64–78 million.

• Positive outlook supported by strong customer activity, operational results, and recent acquisitions.

• Continued investments in manufacturing and operational improvements planned, especially in China, Malaysia, and the USA.