Stock Exchange Rele...

Preliminary information concerning the net sales and the profitability of Cencorp Corporation in 2005

24/07/2006

Net sales of Cencorp Corporation in 2005 will exceed EUR 35 million (2004: EUR 32.5 million). Profitability shall, however, remain below the earlier announced estimate. The net result will be ca. EUR 1.7 million (2004: EUR -1.7 million), which equals to 5 percentage of net sales.

The profitability reduction is caused by lower profitability of both the test and the robotics businesses as well as the acquisition of a new ERP system, which was implemented on January 1st 2006. A major share of the sales of the last quarter of 2006 has been consisting of products with lower margins than the sales of the first three quarters of the year. In addition the investments in fiber laser business have generated costs of approximately EUR 1 million. Cencorp estimates the net result to be approximately EUR 1.7 million (2004: EUR -1.7 million) and operating results (EBIT) approximately EUR 0.5 million (2004: EUR -0.9 million).

During 2005 Cencorp has invested heavily in new product development, operational improvements and market development. The investments will continue also in 2006.
As of today Cencorp Corporation’s board of directors has initiated a plan to investigate actions for significant profitability improvements during 2006. The action plan will be published as Cencorp announces the financial result of 2005.

Fiber laser business development of Cencorp subsidiary, Singulase Oy, continues as planned. Cencorp’s goal is to build up the production automation business for the semiconductor industry to support the electronics industry production
and testing automation business. The new business is expected to make up over 20% of Cencorp turnover by the end of year 2007.

Cencorp estimates its net sales to increase during 2006 and its profitability to exceed 8% of the net sales. The 2005 financial result will be published on February 9th 2006.

Cencorp Corporation will present its 2005 financial report to analysts, investors and the media on Thursday February 9th 2006 at 11:30 a.m. in the Marski Hall at the World Trade Center, Aleksanterinkatu 17, 00100 Helsinki. RSVP by February 8th , 2006 at 16:00 am to: Ms Carola Bergholm,
tel. +358 19 6610 133 / carola.bergholm@cencorp.com

Virkkala, February 2nd, 2006

Cencorp Oyj

Board of directors

For further information:
Cencorp Corporation
Petri Väinölä
CEO
Puh. (019) 6610 215


Cencorp develops and supplies automation solutions to the
electronics and semiconductor industry that enhance productivity.

Distribution:
Helsinki Stock Exchanges
Main media
www.cencorp.com