Scanfil (SCANFL) Status Update summary

Historical overview and strategic evolution

• Celebrating 50 years in 2025, the company has grown from a local Finnish manufacturer to a global player through organic growth and acquisitions, notably PartnerTech in 2012 and SRX Global in 2024.

• Strategic focus has shifted from reliance on telecom to a diversified customer base, with expansion into new regions and segments.

• Growth drivers include targeted business segments, geographic expansion, customer-centric offerings, and selective M&A.

Strategic direction and growth initiatives

• Launched 'Geared for Growth 2024-2028' strategy, focusing on growth, efficiency, and expansion through segment, geographical, and offering diversification, as well as acquisitions.

• Key enablers include financing, sustainability, IT/data, risk management, investor relations, and culture/people.

• Customer group-specific sales organization and new management team structure implemented to support growth.

• Acquisition of SRXGlobal in October 2024 to drive both organic and inorganic growth.

Updated strategy and organizational changes

• In 2024, the vision, mission, and values were updated, introducing empowerment as a core value to foster decision-making at all levels.

• The strategy now centers on two pillars: growth (segment focus, expansion, M&A) and efficiency (supply chain, productivity, Dream Factory program).

• The organization was restructured into four regions, each led by dedicated leaders, and the management team was diversified with new members, including CEO Christophe Sut and regional VPs.

• Regional structure supports growth, with significant turnover and EBITA contributions from Central Europe (€303.3M), Northern Europe (€257.4M), APAC (€189.3M), and Americas (€35M).

• Employee base distributed across Europe, Americas, and APAC, supporting global operations.