In the second quarter, Epcos reported earnings per share of E0.96. It expected sales to rise by up to 15% over the third quarter.
Epcos struggle to meet analysts expectations
Epcos, the German electronics component group, has become the latest firm to be affected by the falling demand for mobile phones. The company has announced that its third-quarter earnings will be below analysts' expectations and that this trend could continue into the fourth quarter if the market does not recover.