Scanfil Oyj - Company Announcement

SCANFIL PLC’S OUTLOOK FOR 2012

SCANFIL PLC        STOCK EXCHANGE RELEASE    21 February 2012 at 11.30 A.M.

SCANFIL PLC'S OUTLOOK FOR 2012

Scanfil plc formed in the partial demerger of Sievi Capital plc executed on 1
January 2012, in which the contract manufacturing business (Scanfil EMS Oy
group) was demerged into a new publicly listed company. 

Due to the continued uncertain situation in the global and European economy,
the predictability of the contract manufacturing market is very poor, and it is
not possible to provide a reliable outlook for the year. The demand for
telecommunications products decreased significantly during the latter half of
last year. Based on the current outlook, the demand for telecommunications
products is expected to fall clearly short of the previous year. The demand for
professional electronics is expected to be on par with 2011. 

According to Scanfil's current view, full-year turnover and operating profit
will decrease clearly compared to 2011 (Scanfil EMS Oy group's turnover for
2011 was EUR 210.8 million and operating profit EUR 9.1 million). The result
for the first quarter will be negative due to factors such as the weak seasonal
demand, expected adaptation costs and the demerger and listing costs. Full-year
operating profit is, however, expected to be clearly profitable. 

Sievi Capital plc has announced its own outlook in a stock exchange release
published on 21 February 2012. 

RISKS AND UNCERTAINTIES OF BUSINESS

The most significant short-term risks are related to the continuing uncertainty
of the world economy. Growth has slowed down in Asia, the US economy is clearly
unbalanced, and in Europe investments are made cautiously and inventories and
production are being run down. These factors may decrease the demand in the
contract manufacturing market and have a negative impact on the development of
Scanfil's turnover and profitability. The company's risks and risk management
are described in greater detail on the company's website under Corporate
Governance. 



SCANFIL PLC
Harri Takanen
CEO



Additional information:
CEO Harri Takanen
Tel +358 8 4882 111



Distribution         NASDAQ OMX, Helsinki
                         Major Media
                         www.scanfil.com





Scanfil Group is engaged in contract manufacturing for international
telecommunications technology and professional electronics manufacturers. 

Scanfil has 35 years of experience in demanding contract manufacturing. Scanfil
is a systems supplier that offers its products and services to international
telecommunications systems manufacturers and professional electronics
customers. Typical products are equipment systems for mobile and public
switched telephone networks, automation systems, frequency converters, lift
control systems, equipment and systems for electricity production and
transmission, analysers, slot machines and different meteorological
instruments. The company has production facilities in China, Estonia, Hungary
and Finland. 

The associated company of Scanfil Group:

Greenpoint Oy (Scanfil EMS Oy's share of ownership 40%) focuses on development
and supply of solutions and equipment, which improve placements, visibility and
sales of customer products in the Point-Of-Sale. The Greenpoint product
portfolio includes a large variety of refrigerated merchandisers, displays and
integrated check-out zone concepts. The company serves both brand owners and
retail chains internationally.  Along with the European markets Greenpoint Oy
has entered North and Latin American markets through partnerships.
www.greenpoint.fi