NOTE | OMX STO SEK

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NOTE presents new financial and sustainability targets

NOTE is today presenting new financial and sustainability targets for the company. At today's Capital Markets Day, NOTE's group management will provide further insight into the company's operations, strategy, new financial targets and sustainability goals.

NOTE's new financial targets are to:

  • Reach sales of at least SEK 7.5 billion by 2027.
    This will essentially be achieved through high organic growth complemented by carefully selected acquisitions.
  • Achieve an operating margin of 10% and then have a gradual strengthening of the operating margin.

Other financial targets regarding capital structure and dividends remain unchanged.

  • Capital structure - the equity ratio shall be at least 30%.
  • Dividends - the board of directors will assess annually the level of dividends it considers optimal for the year. This may be distributed to shareholders in the form of dividends and/or share buybacks. Future dividends will primarily be adapted to NOTE's investment needs and financial position.

NOTE has been conducting active sustainability work for a long time, and is involved in the climate transition. With the company's business-adapted sustainability goals, NOTE is concretising its work to contribute to the global sustainability goals of Agenda 2030.

NOTE's sustainability objective remains to:

  • NOTE's operations, within scope 1-2 of the Greenhouse Gas Protocol, shall be 100% carbon neutral.
  • All NOTE units shall be certified according to ISO 45000.

”Demand for electronics production remains strong in Europe and is expected to grow in the order of 7% per year primarily driven by regionalisation and increasing use of electronic products in society. We see a short-term restraint in the market linked to excessive inventory levels in certain customer segments. We believe that the market will gradually strengthen and expect to continue our strong growth in the future. We have therefore chosen to update and clarify our financial targets going forward”, says Johannes Lind-Widestam, President and CEO.

NOTE has invited to a Capital Markets Day today Tuesday 12 December 1:00 p.m. via Financial Hearings at Inderes studio at Västra Trädgårdsgatan 19 in Stockholm. The Capital Markets Day will also be broadcast live here and be available afterwards on NOTE's website www.note-ems.com. No pre-registration is required to view the webcast. The presentations will be in English.

For further information, please contact:
Johannes Lind-Widestam, President and CEO, tel. 070-541 72 22
Frida Frykstrand, Finance Director, tel. 070-462 09 39

About NOTE
NOTE manufactures printed circuit boards (PCBA), sub-assemblies and complete products (box build). NOTE is a competitive electronics manufacturer and a stable business partner to customers with high standards. Its products are found in complex systems for electronic control, monitoring and security, for example.
 
The business model is based on offering advanced manufacturing, customised logistics solutions and advice at the best possible total cost through long-term customer relationships and partnerships. The customer offering covers the entire product life cycle, from design to aftermarket. Customers are primarily large companies operating on the global market, but also companies with their primary sales in northern Europe.
 
NOTE is established in Sweden, Finland, the UK, Estonia, Bulgaria and China. Sales in the last 12 months totalled SEK 3,849 million and the group has some 1,450 employees. NOTE is listed on Nasdaq Stockholm. For more information, please visit www.note-ems.com.

This information is information that NOTE AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2025-04-24 08:00 CEST.

Attached files
NOTE presents new financial and sustainability targets

NOTE presents new financial and sustainability targets