{"id":15793,"date":"2009-07-17T08:30:00","date_gmt":"2009-07-17T06:30:00","guid":{"rendered":"https:\/\/www.note-ems.com\/press-releases\/notes-halvarsrapport-januari-juni-2009\/"},"modified":"2025-12-02T08:28:31","modified_gmt":"2025-12-02T07:28:31","slug":"notes-mid-term-report-january-june-2009","status":"publish","type":"mfn_news","link":"https:\/\/www.note-ems.com\/en\/pressmeddelande\/notes-halvarsrapport-januari-juni-2009\/","title":{"rendered":"NOTE's half-year report January-June 2009"},"content":{"rendered":"
Shift for increased market offensive<\/strong><\/div>\n

Financial performance January-June
\n- Sales decreased by 281 thousand tonnes to SEK 641.2 (896.5) million
\n- The operating result amounted to SEK -26.7 (29.9) million, including non-recurring costs of just over 8
\n million in connection with the change of CEO in June
\n- The operating margin amounted to -4.21 FTE3T (3.31 FTE3T)
\n- Profit after net financial items amounted to SEK -31.0 (24.0) million
\n- Profit after tax amounted to SEK -24.5 (15.7) million, corresponding to SEK -2.54 (1.63) per share
\n- Cash flow after investments amounted to SEK -4.5 (29.4) million, corresponding to SEK -0.47 (3.05) per share <\/p>\n

Financial performance April-June
\n- Sales decreased by 331 thousand tonnes to SEK 312.1 (469.2) million
\n- The operating result amounted to SEK -18.1 (16.2) million, including non-recurring costs of just over 8
\n million in connection with the change of CEO in June
\n- Operating margin amounted to -5.81% (3.41%)
\n- Profit after net financial items amounted to SEK -19.8 (12.5) million
\n- Profit after tax amounted to SEK -16.0 (8.2) million
\n- Cash flow after investments totalled SEK 10.8 (5.4) million <\/p>\n

Significant events January-June
\n- Knut Pogost appointed President and CEO of NOTE
\n- Continued strategic transformation - measures taken to relocate labour-intensive manufacturing and
\n purchasing services to the Group's entities in cost-efficient countries. In line with previously decided
\n restructuring, the number of employees in Sweden was reduced by 135 people, equivalent to 241 FTE3T
\n- New financing agreement signed with NOTE's bank connection
\n- Market breakthrough for Nearsourcing - Kongsberg Defence & Aerospace has based its cooperation
\n with the Nearsourcing Centre in Oslo decided to use the NOTEfied component database in developing
\n of new products
\n- Nearsourcing brings new customers - new co-operation agreements signed with OTRUM, Telespor and others,
\n Tour & Andersson and Radiocrafts<\/p>\n

NOTE's Interim Report for January-June is available as of today as a PDF file on the group's website, www.note.eu, and is attached to this press release. <\/p>\n

The interim report for January-September will be presented on 20 October.<\/p>\n

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Attached files<\/strong>
wkr0011.pdf<\/a>
wkr0013.pdf<\/a><\/p>\n<\/div>\n