The use of the previously agreed 9 million euros option of Finnish Defence Forces was confirmed

Componenta Corporation, stock exchange release, 2 December 2024 at 3.15 p.m. EET

Componenta has today confirmed to the Finnish Defence Forces an order for a EUR 9 million option. The option relates to the deal with Defence Forces announced by Componenta on 31 May 2024 concerning the EUR 50 million purchase of 120 mm mortar shell-tail assemblies for the Defence Forces' grenade launchers. The total value of the transaction as previously announced, including the option, is approximately EUR 50 million and the deliveries of components are estimated to take place in 2025–2028.

The now confirmed option has no impact on Componenta's profit guidance for 2024.

 

COMPONENTA CORPORATION

Sami Sivuranta
President and CEO

For further information, please contact:
Sami Sivuranta, President and CEO, tel. +358 10 403 2200
Marko Karppinen, CFO, tel. +358 10 403 2101 

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NASDAQ Helsinki
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www.componenta.com

 Componenta Corporation is an international technology company and Finland’s leading contract manufacturer in the machine building industry. Sustainability and customers’ needs are at the core of the company’s extensive technology portfolio. Componenta produces components for its global customers, which are manufacturers of machinery and equipment. The company’s shares are listed on the Nasdaq Helsinki. www.componenta.com