{"id":15705,"date":"2016-04-19T08:30:00","date_gmt":"2016-04-19T06:30:00","guid":{"rendered":"https:\/\/www.note-ems.com\/press-releases\/notes-delarsrapport-januari-mars-2016\/"},"modified":"2025-12-02T08:28:22","modified_gmt":"2025-12-02T07:28:22","slug":"notes-interim-report-january-march-2033","status":"publish","type":"mfn_news","link":"https:\/\/www.note-ems.com\/en\/pressmeddelande\/notes-delarsrapport-januari-mars-2016\/","title":{"rendered":"NOTE's interim report January-March 2016"},"content":{"rendered":"

Financial performance January-March<\/strong>
- Sales increased by 1% to SEK 279.1 (275.3) million.
- Operating profit increased to SEK 14.2 (11.9) million.
- The operating margin strengthened by 0.8 percentage point to 5.11% (4.31%).
- Profit after net financial items increased to SEK 12.9 (11.0) million.
- Profit after tax increased to SEK 10.2 (9.3) million, corresponding to SEK 0.35 (0.32) per share.
- Cash flow after investments increased to SEK 27.1 (21.8) million, corresponding to SEK 0.94 (0.76) per share.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0
CEO commentary<\/strong>
\u201dNOTE is one of the most competitive electronics manufacturers in the Nordics. We noted continued positive progress in the first quarter, with several new customers, improved profitability and strong cash flow.<\/em><\/p>\n

Higher sales and an expanded service content, combined with continued good cost efficiency, contributed to an improvement in operating profit of SEK 2.3 million to SEK 14.2 million, which means a strengthening of the operating margin by 0.8 percentage points to 5.11 per cent. It is also very satisfying that after the fourth quarter's good cash flow of SEK 25.4 million, we also achieved a strong cash flow of SEK 27.1 million in the first quarter.<\/em><\/p>\n

The order book continues to support positive sales progress. In addition, NOTE is open to taking an active role in the future structural transformation of the European EMS market - my ambition is to help us further increase customer value and strengthen our profitable growth.\u201d<\/em>, says Stefan Hedelius, President and CEO.<\/p>\n

NOTE's Interim Report for January-March is now available in PDF format on the group's website, www.note.eu<\/a>, and is attached to this press release. The half-yearly report for January-June will be presented on 18 July.<\/p>\n

For further information, please contact:
Stefan Hedelius, President and CEO, tel. 08-568 990 06, 076-100 07 31
Henrik Nygren, Chief Financial Officer, tel. 08-568 990 03, 070-977 06 86<\/p>\n

About NOTE <\/em>
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). <\/em>Its customer offering covers the whole product lifecycle, from design to after-sales. NOTE is established in <\/em>Sweden, Norway, Finland, England, Estonia and China. Sales in the last 12 months <\/em>totalled SEK 1,125 million and the group has some 1,000 employees. NOTE is listed on <\/em>Nasdaq Stockholm. For more information, please visit www.note.eu<\/a>. <\/p>\n

<\/emNOTE AB (publ) discloses the information provided herein pursuant to the Securities Markets Act<\/em>. The information was submitted for publication at 08.30 on 19 April 2016. <\/em><\/span><\/span><\/p>\n

\n

<\/strong><\/span><\/p>\n<\/div>\n

\n

<\/strong><\/span><\/p>\n<\/div>\n

\n

Attached files<\/strong>
Interim report Q1 2016<\/a>
Press release<\/a><\/p>\n<\/div>\n