2014-12-09 09:45:00 CET

2014-12-09 09:45:01 CET


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Componenta - Company Announcement

Componenta Capital Markets Day on 9 December 2014


Componenta Corporation  Stock Exchange Release 9.12.2014 at 10.45

Componenta arranged a Capital Markets Day today in Helsinki. Componenta's
business operations and its development as well as the development of business
environment with outlook were presented in the event. 

The refinancing arrangements of EUR 250 million finalized in September 2014 and
the results gained through the Group's efficency improvement program to enhance
productivity and profitability are creating a strong basis for Componenta's
business and its development. The target is to continue improvement of
profitability and competitiveness and grow together with our global customers. 

Through boosting the production operations and common functions we will
strengthen profitability and competitiveness targeting to increase capacity
utilization rates and further decrease fixed costs. The measures in the third
phase of the corporate wide efficiency program are targeting further cost
savings of EUR 10 million by the year 2016. They will expand the whole
efficiency improvement program aiming to bring EUR 45 million cost savings in
total by the year 2016. 

The presentation of the Capital Market Day event includes information published
earlier in Componenta's annual and interim reports and prospectuses. In
addition, we estimate that due to the measures to be carried out the share of
our operations in Turkey will grow this year close to half and further to 60%
of the Group's net sales by the year 2018.  Price increase of the aluminium raw
material in the Manisa aluminium foundry in Turkey will have a negative impact
of EUR 2.4 million on Componenta's result in the second half of this year,
which anyhow is included in the earlier published result estimate. 

Componenta result guidance given in the interim report January - September 2014
is unchanged. The operating profit for 2014 excluding one-time items and
exchange rates differences of operative balance sheet items are expected to
improve from the previous year due to efficiency improvement program being
carried out. 

Capital Markets Day presentation is available on Componenta's website at the
address www.componenta.com. 

Helsinki, 9 December 2014

COMPONENTA CORPORATION


Heikki Lehtonen
President and CEO



For further information, please contact:

Heikki Lehtonen
President and CEO t
el. +358 10 403 2200

Mika Hassinen
CFO
tel. +358 10 403 2723



Componenta is a metal sector company with international operations and
production plants located in Finland, Turkey, the Netherlands and Sweden. The
net sales of Componenta were EUR 511 million in 2013 and its share is listed on
Nasdaq Helsinki. The Group employs approx. 4,400 people. 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.