{"id":15555,"date":"2022-12-14T08:00:00","date_gmt":"2022-12-14T07:00:00","guid":{"rendered":"https:\/\/www.note-ems.com\/press-releases\/note-ser-fortsatt-stark-efterfragan\/"},"modified":"2025-12-02T08:28:07","modified_gmt":"2025-12-02T07:28:07","slug":"note-sees-continued-strong-demand","status":"publish","type":"mfn_news","link":"https:\/\/www.note-ems.com\/en\/pressmeddelande\/note-ser-fortsatt-stark-efterfragan\/","title":{"rendered":"NOTE sees continued strong demand"},"content":{"rendered":"

NOTE is holding a Capital Markets Day today to update on the progress made in achieving its previously communicated financial targets. <\/span><\/span><\/span><\/p>\n

NOTE confirms its previous guidance of reaching SEK 1 billion in sales for a single quarter for the first time in the current quarter, Q4 2022. Operating profit from continuing operations, excluding currency translation effects (SEK +6 million in profit effect as of 31 November) is expected to be at least SEK 100 million. NOTE's order book is continuing to develop strongly, and in its current structure, sales for 2023 are expected to be at least SEK 4 billion. NOTE expects profitability to continue to improve in 2023, both in actual terms and in per cent. <\/span><\/span><\/span><\/p>\n

NOTE has previously set the target of achieving sales of SEK 5 billion by 2025, and the company is well positioned to achieve this target, ahead of the timetable set when the financial targets were adopted. NOTE is also ahead of the initial timetable to achieve an operating margin of 10% by 2025, and estimates that this target will be achieved earlier. <\/span><\/span><\/span><\/p>\n

\u201dNOTE's momentum remains strong, and we're continuing to grow and take market share. Our home market in Northern Europe is continuing to progress despite a turbulent business environment. With NOTE's sales nearly doubling in the last two years, I feel very confident in our ability to achieve the financial targets we have set for the company.\", <\/span><\/span><\/span><\/em>says <\/span><\/span><\/span>Johannes Lind-Widestam, President and CEO.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n

Today at 13.00 CET, NOTE is organising a Capital Markets Day that you can follow on the web by clicking <\/span><\/span>here<\/span><\/span><\/u><\/a>. A recording will be available afterwards on NOTE's website <\/span><\/span>www.note-ems.com<\/span><\/span><\/a>. No pre-registration is required to view the webcast. The presentations will be in English.<\/span><\/span><\/span><\/span><\/span><\/p>\n

For further information, please contact:
\nJohannes Lind-Widestam, President and CEO, tel. 070-541 72 22<\/span><\/span>
\nFrida Frykstrand, Finance Director, tel. 070-462 09 39<\/span><\/span><\/span><\/p>\n

About NOTE
\nNOTE 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 <\/span><\/span><\/em>www.note-ems.com<\/span><\/span><\/em><\/a>. <\/span><\/span><\/em><\/span><\/span><\/span><\/p>\n

This information is information that NOTE AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of Johannes Lind-Widestam, at 08:00 CET on 14 December 2022.<\/span><\/span><\/em><\/span><\/span><\/span><\/p>\n

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Attached files<\/strong>
Press release<\/a><\/p>\n<\/div>\n