NOTE - significant increase in co-operation with a well-established European industrial customer
Demand from a large industrial customer with high standards, with whom NOTE has successfully co-operated for several years, is progressing very strongly. Accordingly, NOTE is facing a sharp increase in both production and deliveries within the framework of its existing collaboration. NOTE's sales to customers totalled some SEK 50 million last year. The production rate has increased significantly, and sales to customers are expected to be at least SEK 200 million this year.
”NOTE is growing successfully with new customers and through expanded partnerships in our strong customer base. Our methodical focus on securing high quality and delivery precision in our services is a key factor for customers. It's very gratifying that we continue to be trusted to be the customer's production partner ahead of the strong growth that has now started. I estimate that this deal will be one of our largest by far as early as 2023. And together with the customer, we see the conditions as very good to significantly grow the business in the coming years as well.", says Johannes Lind-Widestam, President and CEO.
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 is one of northern Europe's leading partners for electronics manufacturing. NOTE manufactures printed circuit boards (PCBA), 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, Bulgaria and China. Sales in the last 12 months were SEK 3,687 million and the group has some 1,400 employees. NOTE is listed on Nasdaq Stockholm. For more information, please visit www.note-ems.com.