{"id":15708,"date":"2016-02-04T08:30:00","date_gmt":"2016-02-04T07:30:00","guid":{"rendered":"https:\/\/www.note-ems.com\/press-releases\/notes-bokslutskommunike-2015\/"},"modified":"2025-12-02T08:28:23","modified_gmt":"2025-12-02T07:28:23","slug":"notes-to-the-financial-statements-2015","status":"publish","type":"mfn_news","link":"https:\/\/www.note-ems.com\/en\/pressmeddelande\/notes-bokslutskommunike-2015\/","title":{"rendered":"NOTE's year-end report 2015"},"content":{"rendered":"

Financial performance October-December
<\/span><\/strong>- Sales totalled SEK 305.2 (248.1) million.
<\/span><\/span>- Operating profit totalled SEK 10.5 (8.1) million. Operating profit includes costs in connection with <\/span>The CEO change of SEK 3.8 million.
<\/span>- The operating margin amounted to 3.41% (3.31%). The underlying operating margin, excluding <\/span>costs for the change of CEO, amounted to 4.71 T\u20ac3 (3.31 T\u20ac3).
- Profit after net financial items totalled SEK 9.2 (8.1) million.
<\/span>- Cash flow after investments totalled SEK 25.4 (10.9) million, corresponding to SEK 0.88 (0.38) per share.<\/span><\/p>\n


Financial performance January-December
<\/strong><\/span>- Sales totalled SEK 1 121.5 (964.0) million.
<\/span><\/span>- Operating profit totalled SEK 45.2 (31.8) million.
<\/span>- The operating margin was 4.01% (3.31%).
- Profit after net financial items totalled SEK 39.8 (28.8) million.
<\/span>- Profit after tax totalled SEK 34.6 (24.6) million, corresponding to SEK 1.20 (0.85) per share.
<\/span>- Cash flow after investments totalled SEK 5.2 (2.5) million, corresponding to SEK 0.18 (0.09) per share.<\/span><\/p>\n


Dividends
<\/strong><\/span>The Board of Directors proposes that a dividend of SEK 0.70 (0.50) per share, corresponding to SEK 20.2 (14.4) million, be paid to the shareholders. <\/span><\/span><\/p>\n


CEO commentary
<\/span><\/strong>\"We have a strong year behind us with increased sales, strengthened profitability and continued rationalisation of our working capital.<\/span><\/em><\/p>\n

In 2015, we saw continued positive development for several of our customers. We have deepened our co-operation and won new product generations from our already strong customer base, both in Sweden and internationally. In addition, we have for some time gained the confidence of several new customers and established new partnerships that have gradually led to series production and increased volumes. Sales during the year increased by 16% - in Q4 growth was 23%.<\/span><\/em><\/p>\n

The order backlog continues to support a positive sales trend - the ambition is to continue to increase market shares and strengthen our profitable growth\",<\/em> says Henrik Nygren, CFO and Acting President and CEO.<\/p>\n

<\/span>NOTE's Year-end Report is available in PDF format from today on the group's website, www.note.eu, and is attached to this press release. The Annual Report for 2015 will be presented in week 7, and the Interim Report for January-March will be presented on 19 April.<\/span><\/p>\n

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For further information, please contact:
<\/span>Henrik Nygren, CFO and Acting President and CEO, tel. 08-568 990 03, 070-977 06 86<\/span><\/p>\n<\/div>\n

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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, Norway, Finland, the UK, Estonia and China. Sales for 2015 were SEK 1,122 million and the group has some 940 employees. NOTE is listed on Nasdaq Stockholm. For more information, please visit www.note.eu. www.note.eu<\/a>.<\/span><\/em><\/span><\/p>\n


NOTE AB (publ) is publishing this information in accordance with the Swedish Securities Markets Act. The information was submitted for publication at 08:30 a.m. on 19 February 2016.<\/span><\/em><\/span><\/p>\n<\/p>\n


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Attached files<\/strong>
Year-end report<\/a>
Press release<\/a><\/p>\n<\/div>\n