Scanfil Oyj · OMXHEX:SCANFL
Scanfil Oyj — Scanfil Oyj Ord — Q3 2025 Earnings Presentation
27 slides from Scanfil Oyj's earnings presentation, Oct 24, 2025
Slide 1: Return to Organic Growth
Return to Organic Growth January-September 2025 24 October 2025 CEO Christophe Sut & CFO Kai Valo
Slide 2: Update on Fire at MB Elettronica Plant in Cortona
Update on Fire at MB Elettronica Plant in Cortona • Fire started on Friday 17 October, no casualties • Affected one wing and its outgoing goods warehouse • All employees are back to work, and the MB team is ensuring business continuity • Closing of the acquisition is planned to take place in Q4 24-O
Slide 3: Key events in Q3
Key events in Q3 New sizeable Inauguration of Johor Anna-Maria Acquisition of MB EcoVadis Gold Rating business acquisitions Bahru modernization Tuominen-Reini Elettronica in Italy in August • Stäubli is a global • Modernization of • Mari Tuominen-Reini • Acquisition of MB • Consistent work with indu
Slide 4: Q3 2025 Key Financials
Q3 2025 Key Financials SCANFIUL
Slide 5: Back to Organic Growth
Back to Organic Growth • Employee Satisfaction & Motivation +2 points to 72 Q3 2025 • Customer NPS at all time high 54 191.3 M€ / 10.4% • Deals won topped at EUR 72.3 million, highest since Turnover / YoY, % reporting started • Energy & Cleantech returned to growth 7.8% Organic growth, %, YoY • Medt
Slide 6: Turnover and EBITA
Turnover and EBITA MEUR MEUR 250 20 7.4 7.4 7.4 7.5 7.3 7.3 7.0 6.9 6.9 7.0 15 6.6 200 6.5 6.5 6.3 10 6.0 150 5 5.5 224.6 243.3 212.8 220.8 198.9 195.5 173.3 212.3 192.6 202.2 191.3 15.5 17.9 15.6 13.8 13.1 14.3 12.8 14.7 12.6 14.2 14.1 100 0 5.0 Q1 23 Q2 23 Q3 23 Q4 23 Q1 24 Q2 24 Q3 24 Q4 24 Q1 25
Slide 7: Americas
Americas 7% 14 12 13 10.5 12.7 10 12 9.3 8.5 11.7 11.8 11 8.1 8 10.8 7.3 7.2 10 6.2 9.7 9.7 6 9 5.4 9.1 5.2 8.8 8.6 8 4 7 2 6 5 0 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Turnover, EUR million Comparable EBITA, % Turnover EBITA Growth initiatives • Positive increased b
Slide 8: APAC
APAC 28 % 65 12 60 61.1 59.5 10 9.6 55 8.6 53.8 8.4 50 52.2 8 7.9 7.4 7.4 48.4 45 6.9 45.5 6.0 6 42.3 42.7 40 40.1 4.7 35 4 30 2 25 20 0 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Turnover, EUR million Comparable EBITA, % Turnover EBITA Growth initiatives • All customer
Slide 9: Central Europe
Central Europe 120 10 33 % 100 8.4 8.2 8 97.1 94.8 7.5 7.4 7.5 7.3 7.1 7.1 80 84.6 6.5 76.1 77.2 6 69.5 67.5 60 65.4 63.4 4 40 2 20 0 0 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Turnover, EUR million Comparable EBITA, % Turnover EBITA Growth initiatives • Energy & Clean
Slide 10: Northern Europe
Northern Europe 33 % 90 10 80 8.6 76.5 8 70 69.1 66.7 67.2 64.7 65.6 60 63.1 6.5 6.5 60.6 6.2 6.1 6.0 56.5 6 50 5.7 5.0 40 4.0 4 30 20 2 10 0 0 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Turnover, EUR million Comparable EBITA, % Turnover EBITA Growth initiatives • High g
Slide 11: Customer Group Development
Customer Group Development 100% 13% 13% 14% 90% 80% 20 % 43 % 70% 42% 42% 45% 60% 50% 40% 37 % 30% 45% 46% 20% 41% Industrial Energy & Cleantech 10% Medtech & Life Science 0% 2023 2024 Q3 2025 Rest TOP10 (ex. biggest) The biggest customer 24-Oct-25 11
Slide 12: Industrial
Industrial Turnover Won deals Biggest won deals in Q3 2025 Y/Y: -2.3% 110.0 50 99.9 98.5 27.6 MEUR Logistics 100.0 38.6 94.1 40 90.4 91.1 90.0 31.6 3.0 MEUR Process industry 83.9 30 81.9 24.8 24.8 80.0 2.0 MEUR Entertainment 20 17.5 15.4 70.0 9.3 … … 60.0 10 38.6 MEUR In total 50.0 0 Q1 24 Q2 24 Q3
Slide 13: Energy & Cleantech
Energy & Cleantech Turnover Won deals Biggest won deals in Q3 2025 Y/Y: 26.1% 80 72.4 30 70.4 67.5 70.1 70 24.8 62.5 64.5 25 22.8 7.0 MEUR General 60 55.6 19.9 20 18.4 3.2 MEUR General 50 16.1 15 40 15 12.1 2.4 MEUR Oil & Gas 30 10 … … 20 5 10 18.4 MEUR In total 0 0 Q1 24 Q2 24 Q3 24 Q4 24 Q1 25 Q2
Slide 14: Medtech & Life Science
Medtech & Life Science Turnover Won deals Biggest won deals in Q3 2025 Y/Y: 16.1% 15.3 15 45.0 40.0 39.3 39.3 4.7 MEUR General Surgery 38.9 37.6 34.4 33.8 10 9.5 3.5 MEUR Ventilation 8.1 8.1 30.0 6.4 3.3 MEUR Ventilation 4.5 4.7 5 … … 15.3 MEUR In total 15.0 0 Q1 24 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Q3
Slide 15: Financials
mlarclarersits CFO Kai Valo SCANFIL
Slide 16: Comparable EBITA Waterfall July–September
Comparable EBITA Waterfall July–September MEUR 10,4% • The turnover in July–September was EUR 12,9% 191.3 million, increase y/y EUR 18.0 million or 10.4%. Negative currency translation difference effect was EUR -4.3 million in Organic turnover, excluding it the turnover increase 7,8% was 12.9%. SRXG
Slide 17: Comparable EBITA Waterfall January–September
Comparable EBITA Waterfall January–September MEUR 3,2% • The turnover for January–September was EUR 5,1% 586.1 million, increase y/y EUR 18.4 million or 3.2%. Negative currency translation difference effect was EUR -10.7 million in turnover, excluding it the turnover increase was 5.1%. Chg vs LY SRX
Slide 18: Strong Financial Position
Strong Financial Position EUR 551.3 million • Inventories EUR 167.0 (173.9) million 167.0 • Goodwill EUR 28.1 (7.6) million, increase from Inventories the acquisition of SRXGlobal Pty. Ltd. 297.6 Equity 28.1 Goodwill 17.0 Interest bearing • Cash and cash equivalents totaled EUR 56.0 Other intangible
Slide 19: Strong Cash Generation
Strong Cash Generation FY 2023: MEUR 68.9 FY 2024: MEUR 92.1 1-9 2025: MEUR 41,4 MEUR • Net cash flow from operating 40 activities in July–September was EUR 7.4 (21.8) million and in January–September EUR 41.4 30 (68.7) million. • Operating cashflow was at a good level. The previous year’s 20 compar
Slide 20: Net Debt Remains at Low Level
Net Debt Remains at Low Level 120 1.60 • Net debt was EUR 10.4 (11.1) MEUR million 1.40 1.35 • Cash and cash equivalents totaled EUR 56.0 100 (51.8) million 1.15 1.20 • Interest-bearing liabilities were EUR 66.4 (62.9) million 80 1.01 1.00 • Impact of SRX acquisition was neutralized in one year with
Slide 21: Key Figures
Key Figures • Equity ratio 55.0% (58.2%) Equity Ratio, % ROE, % 59 58.2 16 14.3 • Equity increased by EUR 17.2 million 58 14 12.7 57 12 • Balance sheet was up by EUR 53.1 million 56 55,0 10 55 8 54 53 6 52 4 • Net gearing 3.5% (4.0%) 51 2 50 0 • Net debt was EUR 10.4 million and decreased Q3 2024 Q3
Slide 22: Outlook and focus in 2025
Outlook and focus in 2025 We expect our turnover to be EUR 780–920 million and comparable EBITA of EUR 55–68 million. Solid operational execution, organic growth and major strategic steps in building company’s future. Focus areas: • Closing of two M&A and financial integration • Keep up the momentum
Slide 23: Q&A
SCANFIL Q&A
Slide 24: Key takeaways
Key takeaways • Q3 2025 • Turnover is gaining speed: organic growth was 7.8% and reported 10.4% y/y • EUR/USD effected turnover by EUR -4.3 million and comparable EBITA by EUR -0.3 million • New business pipeline remained strong • Comparable EBITA increased by 10.1% to EUR 14.1. million • Geared for
Slide 25: Contact information and analysts
Carnegie AB, Stockholm Jakob Söderblom +46 734 178 643 jakob.soderblom@carnegie.se Contact information Inderes Oyj and analysts Antti Viljakainen +358 44 591 2216 antti.viljakainen@inderes.fi Nordea Oyj Pasi Väisänen CHRISTOPHE SUT, CEO +358 9 5300 5192 +358 407 318 411 pasi.vaisanen@nordea.com chri
Slide 26: Disclaimer
Disclaimer Not to be published or distributed, directly or indirectly, in any country where its distribution or publication is unlawful. Forward looking statements: certain statements in this presentation may constitute "forward-looking" statements which involve known and unknown risks, uncertaintie
Slide 27: Global contract manufacturer and systems supplier
Global contract manufacturer and systems supplier