Electronic Advanced Circuits S. L. expects to reach net sales of 19 MSEK in 2023 with an estimated EBITA margin of about 15%. The company has 2 employees. The majority of sales is concentrated to the telecom and industrial sectors and sourcing is being made from manufacturing partners in
NCAB Spain had before this 13 employees and a turnover of 75 MSEK in 2022. The acquisition is expected to be earnings accretive for
“With these two strategic actions, we gain highly skilled and experienced personnel, who will complement our existing capabilities and play a pivotal role in unlocking new growth opportunities and expanding our networks. We are taking steps forward in our expansion plans in
For further information, please contact:
Gunilla Öhman, Investor Relations, +46 (0) 70 763 81 25
E-mail: gunilla.ohman@ncabgroup.com
About NCAB Group
NCAB is a worldwide leading supplier of printed circuit boards, listed on NASDAQ Stockholm. NCAB offers PCBs for demanding customers, on time with zero defects, produced sustainably at the lowest total cost. NCAB was founded in 1993. Since its foundation, the operations have been characterised by an entrepreneurial and cost-efficient culture and have showed strong growth and good profitability over time. Today, NCAB has a local presence in 15 countries in
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