NOTE's interim report January - September 2004
NOTE's interim report January - September 2004
In the January-September period, NOTE increased sales by SEK 42.1 million to SEK 826.3 (581.8) thousand, and operating profit by SEK 28.1 million to SEK 61.6 (48.0) thousand. Earnings per share after full tax were thus SEK 4.3 (3.5) for the nine-month period.
"We're particularly pleased with the way our European strategy has been initiated, through establishment in the UK and increased internationalisation of production," says Erik Stenfors, CEO of NOTE. "The NOTE group's target of being one of Europe's leading EMS suppliers by 2009 remains unchanged. Analyses and preparations for further establishments are ongoing."
The NOTE group was established in the UK on 1 October. After the end of the reporting period, the process of introducing materials and sourcing functions in Central Europe has intensified, while staff with corresponding functions have been given notice of redundancy in Sweden.
Read the full interim report at www.note.se
Further information is provided by:
Erik Stenfors, President and CEO of NOTE; +46 (0)176-799 01 or +46 (0)709-50 80 70
Gunilla Olsson, CFO NOTE; 0176-799 05 or 0709-50 80 71
Facts about NOTE
NOTE is one of Scandinavia's leading contract manufacturers of electronics, offering specialised competence in electronics production across the entire value chain, from design and development to production and after-sales.
NOTE is established in Sweden, the UK, Poland and Lithuania.
Net sales for 2003 totalled SEK 859 million and profit before tax was SEK 63 million. The group has approximately 950 employees. NOTE is listed on the O-list of the Stockholm Stock Exchange.
www.note.se
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The following files are available for download:
http://www.waymaker.net/bitonline/2004/11/08/20041108BIT20900/wkr0001.pdf Hela rapporten