CENCORP AS AN INVESTMENT TARGET

Founded in 1978, Cencorp Corporation is a leading provider of industrial automation solutions. The equipment included in the product portfolio designed for depaneling, odd-form assembly, testing and laser materials processing substantially improves the efficiency of the customers’ production. The product range also includes EMI shielding solutions, flexible circuits, decorations and RFID antennas.

Cencorp’s customers are automotive electronics manufacturers and manufacturers operating in telecommunications, industrial automation and EMS.

Cencorp is headquartered and domiciled in Mikkeli, Finland. Cencorp’s shares are listed on NASDAQ OMX Helsinki Ltd. The company is part of the Finnish Savcor Group. Cencorp’s business ID is 0749606-1.

Business segments

On 1 December 2010, Cencorp introduced a new reporting structure based on two business segments. The business segments are Laser and Automation Applications, and Special Components.

The Laser and Automation Applications segment comprises Cencorp’s former business and includes equipment designed for depaneling, odd-form assembly, testing and laser materials processing. The Special Components segment comprises the business acquired through the Face corporate transaction. The product range includes, for example, EMI shielding solutions, flexible circuits, decorations and RFID antennas.


Cencorp’s key figures in 2011

Net sales

EUR 26.5 million

 

Laser and Automation Applications segment

 

EUR 15.1 million, i.e. 57.0% of the company’s total net sales

 

Special Components segment

 

EUR 11.4 million, i.e. 43.0% of the company’s total net sales

Operating result

EUR -7.0 million.

Research and development costs

EUR 1.6 million, i.e. 6.2% of net sales

Personnel on 31 December 2011

328 people

Market capitalization on 31 December 2011

EUR 30.8 million

 

auto laser special