NOTE sells property in Lund for SEK 44 million
The agreement for the sale of the property, which is in the form of a company, does not contain any reservation regarding the buyer's financing. Access will take place on 1 April this year.
"It is very pleasing that we are now doing this deal which further strengthens our liquidity and balance sheet. We have recently taken decisions on several investments in our core business, for increased capacity and new advanced technology, both in our operations in Lund and Pärnu and in several other parts of the Group. Our focus is on growth and profitability, and our stated ambition is to take an aggressive role in the development of our sector," says Stefan Hedelius, President and CEO of NOTE.
For further information, please contact:
Stefan Hedelius, President and CEO, tel. 076-100 07 31
Henrik Nygren, Chief Financial Officer, tel. 070-977 06 86
About NOTE
NOTE is one of northern Europe's leading manufacturing and logistics partners for the production of electronics-based products. NOTE manufactures printed circuit boards, sub-assemblies and complete products (box build). Its customer offering covers the whole product lifecycle, from design to after-sales. NOTE is established in Sweden, Finland, the UK, Estonia and China. Sales in the last 12 months totalled SEK 1,139 million, and the group has some 900 employees. NOTE is listed on Nasdaq Stockholm. For more information, please visit www.note.eu.
NOTE AB (publ) is publishing this information in accordance with the Market Abuse Regulation and the rules for issuers on Nasdaq Stockholm. The information was submitted for publication at 08:30 a.m. on 9 March 2017.