{"id":15561,"date":"2022-10-12T15:00:00","date_gmt":"2022-10-12T13:00:00","guid":{"rendered":"https:\/\/www.note-ems.com\/press-releases\/befarad-kundforlust-paverkar-notes-resultat-for-tredje-kvartalet\/"},"modified":"2025-12-02T08:28:08","modified_gmt":"2025-12-02T07:28:08","slug":"feared-customer-loss-affects-notes-third-quarter-results","status":"publish","type":"mfn_news","link":"https:\/\/www.note-ems.com\/en\/pressmeddelande\/befarad-kundforlust-paverkar-notes-resultat-for-tredje-kvartalet\/","title":{"rendered":"Feared customer loss affects NOTE's profit for the third quarter"},"content":{"rendered":"

In <\/span><\/span><\/strong>of NOTE's customers on the UK market, active in electric vehicle charging, has filed for reorganisation. As a result, NOTE is taking a cost for anticipated bad debt of SEK 30 million for its entire risk exposure to the company. <\/span><\/span><\/strong><\/span><\/span><\/span><\/p>\n

This event does not affect NOTE's underlying business, and NOTE's growth for the second half-year is expected to remain favourable. The Q3 report will be presented in full on 17 October. <\/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