Componenta Corporation Interim Report 1 January - 31 March 2016: Net sales and operating profit declined from previous year, progress in financing arrangements according to plan
January - March 2016 in brief · Order book at the beginning of April was 10% down on the previous year, at MEUR 83 (MEUR 92). · Net sales in the review period declined 11% from the previous year to MEUR 118 (MEUR 133). · EBITDA excluding one-time items declined from the previous year to MEUR 4.3 (MEUR 9.9). · Profitability in the period was weakened by lower production volumes than in the previous year, and by stoppages in production caused by the tight liquidity situation. Another factor was an increase in quality costs from the corresponding period in the previous year.