Elcoteq's guidance remains unchanged
Mar 02, 2006
Elcoteq has corrected information that has been in the market today. Elcoteq's guidance for both 2006 and the first quarter of 2006 remain unchanged.
As published in the Financial Statements Bulletin on February 9, 2006, Elcoteq estimates that its net sales in 2006 will increase faster than the average growth in the EMS market and that operating income will improve compared to the previous year.
Net sales in the first quarter of 2006 are expected to grow compared to the same period last year but to remain below the level in the final quarter of 2005. Operating income is forecast to be slightly below the level in the first quarter last year.