{"id":15721,"date":"2014-10-20T08:30:00","date_gmt":"2014-10-20T06:30:00","guid":{"rendered":"https:\/\/www.note-ems.com\/press-releases\/notes-delarsrapport-januari-september-2014\/"},"modified":"2025-12-02T08:28:24","modified_gmt":"2025-12-02T07:28:24","slug":"notes-interim-report-january-september-2034","status":"publish","type":"mfn_news","link":"https:\/\/www.note-ems.com\/en\/pressmeddelande\/notes-delarsrapport-januari-september-2014\/","title":{"rendered":"NOTE's interim report January-September 2014"},"content":{"rendered":"<\/p>\n

Financial performance July-September<\/span><\/strong><\/span><\/p>\n<\/p>\n

- Sales totalled SEK 235.5 (200.8) million. <\/span><\/p>\n<\/p>\n

- The operating result amounted to SEK 10.4 (-4.6) million.<\/span><\/p>\n<\/p>\n

- The operating margin was 4.41% (-2.31%).<\/span><\/p>\n<\/p>\n

- Profit after net financial items totalled SEK 9.8 (-6.5) million. <\/span><\/p>\n<\/p>\n

- Profit after tax totalled SEK 8.7 (-7.9) million, corresponding to SEK 0.30 (-0.28) per share. <\/span><\/p>\n<\/p>\n

- Cash flow after investments totalled SEK -23.2 (6.3) million, corresponding to SEK -0.80 (0.22) per share.<\/span><\/p>\n<\/p>\n

Financial performance January-September<\/span><\/strong><\/span><\/p>\n<\/p>\n

- Sales totalled SEK 715.9 (651.7) million. <\/span><\/p>\n<\/p>\n

- The operating result amounted to SEK 23.7 (-0.7) million.<\/span><\/p>\n<\/p>\n

- The operating margin was 3.31% (-0.11%).<\/span><\/p>\n<\/p>\n

- Profit after net financial items totalled SEK 20.7 (-5.2) million. <\/span><\/p>\n<\/p>\n

- Profit after tax totalled SEK 17.5 (-7.0) million, corresponding to SEK 0.61 (-0.24) per share. <\/span><\/p>\n<\/p>\n

- Cash flow after investments totalled SEK -8.3 (0.3) million, corresponding to SEK -0.29 (0.01) per share.<\/span><\/p>\n<\/p>\n

CEO commentary on the interim report:<\/span><\/strong><\/span><\/p>\n<\/p>\n

\u201dNOTE has now reported organic growth for four quarters in a row. In the first three quarters of the year, sales increased by SEK 101,000,000 to SEK 715.9 (651.7) million. Boosted by some project business, we achieved sales growth of just over 171,000 tonnes in the third quarter. The sales trend during the year shows that we have made progress in a relatively stable European market. <\/span><\/p>\n<\/p>\n

The operating result for January-September improved to SEK 23.7 (-0.7) million, which corresponds to an operating margin of 3.31% (-0.11%). In the third quarter, the operating margin improved to 4.41% (-2.31%). As a result of sales growth, cash flow after investments was negative for the first three quarters of the year, at SEK -8.3 million. NOTE's Balance Sheet remains strong, with an equity\/assets ratio of close to SEK 451,000,000 at the end of the period,\u201d says Peter Laveson, President and CEO.<\/span><\/p>\n<\/p>\n

NOTE's Interim Report for January-September is available from today in PDF format on the group's website, www.note.eu, and is attached to this press release. The year-end report for 2014 will be presented on 6 February 2015. <\/span><\/p>\n<\/p>\n<\/p>\n

For further information, please contact:
Peter Laveson, President and CEO, tel. 08-568 990 06, 070-433 99 9986
Henrik Nygren, Chief Financial Officer, tel. 08-568 990 03, 070-977 06 86 <\/p>\n

About NOTE <\/em><\/span><\/p>\n<\/p>\n

NOTE is one of northern Europe's leading manufacturing and logistics partners for electronics production. 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 2013 totalled SEK 907 million and the group has some 850 employees. NOTE is listed on NASDAQ OMX Stockholm. For more information, please visit www.note.eu.<\/span><\/em><\/span><\/p>\n<\/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 20 October 2014.<\/span><\/em><\/span><\/p>\n

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Attached files<\/strong>
Interim report January-September 2014<\/a>
Press release<\/a><\/p>\n<\/div>\n