{"id":15682,"date":"2017-10-17T08:30:00","date_gmt":"2017-10-17T06:30:00","guid":{"rendered":"https:\/\/www.note-ems.com\/press-releases\/notes-delarsrapport-januari-september-2017\/"},"modified":"2025-12-02T08:28:20","modified_gmt":"2025-12-02T07:28:20","slug":"notes-interim-report-january-september-2031","status":"publish","type":"mfn_news","link":"https:\/\/www.note-ems.com\/en\/pressmeddelande\/notes-delarsrapport-januari-september-2017\/","title":{"rendered":"NOTE's Interim Report January-September 2017"},"content":{"rendered":"

Financial performance July-September\u00a0
<\/span><\/strong>- Sales increased by 7% to SEK 265.2 (248.4) million.
- Operating profit increased to SEK 20.1 (14.1) million.
- The operating margin strengthened by 1.9 percentage points to 7.61% (5.71%).
- Profit after net financial items increased to SEK 18.8 (12.9) million.
- Profit after tax increased to SEK 15.8 (11.1) million, corresponding to SEK 0.55 (0.38) per share.
- Cash flow after investments totalled SEK -11.2 (6.5) million, corresponding to SEK -0.39 (0.23) per share.<\/p>\n

Financial performance January-September
- <\/span><\/span><\/span><\/span><\/strong>Sales totalled SEK 850.7 (809.9) million, excluding divestments sales increased by 8%.
- Operating profit increased to SEK 70.8 (43.7) million, adjusted for non-recurring items in the first quarter, operating profit improved to SEK 55.1 (43.7) million.
- The operating margin was 8.31% (5.41%), adjusted for non-recurring items in the first quarter, the operating margin strengthened by 1.1 percentage points to 6.51% (5.41%).
- Profit after net financial items increased to SEK 67.2 (39.4) million.
- Profit after tax increased to SEK 54.3 (32.3) million, corresponding to SEK 1.88 (1.12) per share.
- Cash flow after investments increased to SEK 67.9 (37.7) million, corresponding to SEK 2.35 (1.31) per share.

CEO commentary
<\/strong>\"We continue to win the trust of new customers and in the third quarter we have strengthened our partnerships with some of the largest companies in the Nordic region. So far this year, sales in our units increased by 8% and our order books are currently 20% larger than last year. <\/p>\n

Tith growth, especially in Western Europe, we continue to strengthen our profitability. In the third quarter, our operating margin improved by 1.9 percentage points to 7.61 per cent.<\/p>\n

We are financially very well equipped for the future - our balance sheet is one of the strongest in the industry with an equity ratio of 49%\", says Per Ovr\u00e9n, President and CEO.<\/p>\n

NOTE's Interim Report for January-September is available in PDF format from today on the group's website, www.note.eu, and is attached to this press release. The year-end report for 2019 will be presented on 5 February 2020.<\/p>\n

For further information, please contact:
Per Ovr\u00e9n, President and CEO, tel. 073-440 77 27
Henrik Nygren, Chief Financial Officer, tel. 070-977 06 86<\/p>\n

About NOTE
NOTE is one of northern Europe's leading manufacturing and logistics partners for the production of electronics-based products. NOTE manufactures printed circuit boards, 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 and China. Sales in the last 12 months totalled SEK 1,139 million, and the group has some 900 employees. NOTE is listed on Nasdaq Stockholm. For more information, please visit www.note.eu.<\/p>\n

This information is information that NOTE AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of Per Ovr\u00e9ns, at 08:30 CET on 17 October 2017.<\/span><\/span><\/em><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n

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Attached files<\/strong>
Interim report Q3 2017<\/a>
Press release<\/a><\/p>\n<\/div>\n