We expect Scanfil's playbook to remain viable, even though uncertainty related to investment-driven demand is now very high. In our view, the risk-adjusted expected return of the stock across all components is still slightly higher than the required return. 

Scanfil’s performance is showing signs of a turnaround. In Q4, Scanfil's revenue decreased by 4% to 212 MEUR from a good comparison level, which was slightly above our forecast.

The overall picture of Scanfil's Q4 report released on Friday was, in our view, cautiously positive, with the company's performance showing signs of a turnaround.

Scanfil released its Q4 report this morning. The surprise element related to the Q4 figures was very small due to the narrowed guidance in December, and the development in late 2024 was practically in line with our expectations. Scanfil plans to raise its dividend for the 12th year in a row, although the increase is in practice the smallest possible.