AUSTIN, TX – National Instruments reported first quarter revenue of $385.3 million, up 14.9% year-over-year, a record for a first quarter.
MIAMI – Element Solutions reported first quarter electronics net sales increased 21% year-over-year to $427 million. Organic net sales increased 8%.
STOCKHOLM – NCAB reported first quarter net sales increased 85% to SEK 1.14 billion (US$116.1 million). In US dollars, net sales increased 66%. For comparable units, net sales increased 60%, and in US dollars 42%.
OULU, FINLAND – Aspocomp posted first quarter net sales of €9 million (US$9.6 million), an increase of 45% year-over-year.
PENANG, MALAYSIA – TTM Technologies broke ground at a new manufacturing plant in Penang, Malaysia. The proposed capital investment for this plant is $130 million through 2025.
FONTENAY-AUX-ROSES, FRANCE – Icape Group is preparing its IPO. The printed circuit board distributor had revenue of €169 million (US$182.4 million) in 2021, up 34%. The company aims for revenue of €500 million by 2026.