NOTE wins major deal
NOTE has a strong and diversified customer base, including established industrial companies and companies in new, fast-growing application segments. Demand for high-tech measurement equipment from one of NOTE's major international industrial customers is growing at a record pace. To cope with this strong volume increase, NOTE has been appointed manufacturing partner for electronics. This new extended collaboration is estimated to be worth at least SEK 100 million in the first 12 months. Series production will start in Q3 and is expected to quickly reach high volumes.
”NOTE is still progressing very strongly with high organic growth and increased profitability. A key success factor is our methodical focus on developing high quality and delivery precision in our services, which have been top class in the sector for some time. It's very gratifying that we've also been entrusted with and won this new deal, which I expect to become our biggest ever this year.”, says Johannes Lind-Widestam, NOTE's President and CEO.
For further information, please contact:
Johannes Lind-Widestam, President and CEO, tel. 070-541 72 22
Henrik Nygren, Chief Financial Officer, tel. 070-977 06 86
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.eu.
This information is information that NOTE AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was provided, on behalf of Johannes Lind-Widestam, for publication on 17 June 2020 at 08.30 CET.