Year 2022

Turnover for 2022 is estimated to grow by approximately 15-25% from 2021 (EUR 28.3-31.0 million). The company's order backlog for the financial year 2022 has grown stronger than expected and the uncertain geopolitical situation has not affected the development of the company's net sales during the first quarter. In the second half of the year, the geopolitical situation and the Covid19 pandemic may pose challenges to the availability of the manufacturing materials used by the company or customers, thereby causing disruptions in their own and customers' production. Due to the more challenging predictability of material availability than usual, we consider the turnover guidance to be broad. The construction of the new production facility will be completed during the summer of 2022, after which the operations will move to the new production facility and the ramp-up of production will begin. Due to this change, no precise guidance for profitability will be provided for 2022.