Componenta - Company Announcement

Componenta’s result in 2007 EUR 14.9 million

Componenta's result in 2007 EUR 14.9 million 

Componenta Group's result after financial items excluding one-time items
totalled EUR 14.9 (5.0) million in 2007. The result fell short of the forecast
given earlier. The allocation of goodwill resulted in additional amortization of
EUR 1.6 million in 2007. The costs for materials and salaries and wages
increased significantly during the final quarter, and the price rises
corresponding to the increase in costs only come into effect at the beginning of
2008. Net sales in 2007 totalled EUR 635 (362) million and the operating profit
excluding one-time items was EUR 38.2 (14.9) million. The result after financial
items including one-time items was EUR 22.7 (4.6) million and the result for the
period was EUR 20.9 (3.5) million. The earnings per share was EUR 1.97 (0.36)
and, correspondingly, excluding one-time items EUR 1.01 (0.40).

Componenta's order book on 31 December 2007 stood at EUR 129 million, which is
35% higher than at the same time in the previous year due to increased demand.
Market prospects are good in all the Group's business areas.

Production capacity usage at the Group's foundries and machine shops is high due
to the strong demand in the market. In consequence, investments of some EUR 12
million are being made at the foundries in Karkkila, Finland and Orhangazi,
Turkey. These investments will be made during 2008 and will increase the Group's
casting capacity by about 45,000 tonnes, which will make possible additional
annual sales of some EUR 65 million.

Helsinki, 15 January 2008 

COMPONENTA CORPORATION


Heikki Lehtonen
President and CEO


Further information:

Heikki Lehtonen
President and CEO
tel. +358 10 403 00

Mika Hassinen
CFO
tel. +358 10 403 00

Componenta is a metal sector company with international operations and
production plants located in Finland, the Netherlands, Sweden, and Turkey. The
pro forma net sales of Componenta was EUR 635 million in 2007 and the Group
employes about 5,100 people. Componenta's shares are quoted on the OMX Nordic
Exchange in Helsinki. Componenta specializes in supplying cast and machined
components and total solutions made of them to its global customers who are
manufacturers of vehicles, machines and equipment.  
Componenta  Corporation 
Panuntie 4 
FI-00610 Helsinki , Finland
Tel. +358 10 403 00
Fax +358 10 403 2721
http://www.componenta.com