Advance information about Componenta's 2010 result

Componenta Group’s net sales in 2010 was EUR 452 million (EUR 300 million in 2009) and result after financial items was EUR -10 million (EUR 37 million). In the previous interim report the net sales was expected to increase remarkably and the result after financial items to improve clearly from the previous year.

In the fourth quarter the net sales of the Group was EUR 131 million (EUR 76 million) and the result after financial items EUR 0 million (EUR -7 million). In the previous interim report the result after financial items was expected to be positive.

Componenta Group’s order book in the beginning of 2011 was EUR 95 million (EUR 59 million) which was 61% higher than in the corresponding time in the previous year due to increased market demand. The demand outlook in all of the Group’s customer industries have remained good.

Helsinki, 14 January 2011

COMPONENTA CORPORATION

Heikki Lehtonen
President and CEO

Further information:

Heikki Lehtonen
President and CEO
tel. +358 10 403 00

Mika Hassinen
CFO
tel. +358 10 403 00

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 300 million in 2009. The Group employs approx. 4,300 people. Componenta's shares are quoted on the NASDAQ OMX Helsinki. 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. 

 Componenta Corporation
Panuntie 4
FI-00610 Helsinki, Finland
Tel. +358 10 403 00
Fax +358 10 403 2721
www.componenta.com