Scanfil (SCANFL) Sieradz Factory Tour Presentation summary

Strategic direction and growth initiatives

• Focus on 'Geared for Growth' strategy with emphasis on organic growth, M&A, and operational excellence.

• Expansion through targeted acquisitions in the Americas and Southern Europe, notably ADCO Circuits and MB Elettronica, to strengthen presence in Aerospace & Defense.

• Dream Factory roadmap aims for digitalization, automation, and best-in-class customer satisfaction by 2028.

• New governance model and expanded management team to support regional scaling and sales growth.

• Strong deal pipeline and proactive M&A approach, focusing on profitable, well-managed companies in existing regions.

Market outlook and positioning

• Industrial, Energy & Cleantech, Medtech & Life Science, and Aerospace & Defense identified as key growth sectors, driven by digitalization, electrification, and defense investments.

• APAC and Americas regions show high growth potential, while Central and Northern Europe are rebounding.

• Positioned as a high-mix, low-to-mid volume manufacturer with global reach and strong industry knowledge.

Financial performance and targets

• Long-term targets: 10% turnover growth, EBIT 7–8%, Net Debt/EBITDA ≤1.5, and dividend payout of 1/3 EPS.

• Turnover and EBITA have stabilized, with strong cash generation and declining net debt.

• Equity ratio has recovered to 55% after inventory normalization; dividend has grown steadily since 2012.

• Earnings per share after Q2 2025 is €0.29, in line with expectations.