Financial performance January-March
\n- Sales totalled SEK 329.1 (427.3) million
\n- The operating result amounted to SEK -8.6 (13.8) million
\n- Operating margin amounted to -2.61% (3.21%)
\n- Profit after net financial items totalled SEK -11.1 (11.5) million
\n- Profit after tax amounted to SEK -8.4 (7.5) million, corresponding to SEK -0.88 (0.78) per share
\n- Cash flow after investments amounted to SEK -15.3 (24.0) million, corresponding to SEK -1.59 (2.49) per share <\/p>\n
Significant events January-March
\n- Continued strategic transformation - measures taken to relocate labour-intensive manufacturing and
\n purchasing services to the Group's entities in cost-efficient countries. During the period, the number of
\n employees in Sweden with 91 persons corresponding to 16%
\n- New financing solution - new financing agreement signed with NOTE's bank connection
\n- Acquisition in Norway - establishment of Nearsourcing Centre for further sales growth in the Norwegian market
\n the market
\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 and Tour & Andersson<\/p>\n
\nNOTE's Interim Report for January-March is available from today as a PDF file on the group's website, www.note.eu, and is attached to this press release.
\nThe half-yearly report for January-June will be presented on 17 July.
\nThe interim report for January-September will be presented on 20 October.<\/p>\n
\nFor further information, please contact:
\nArne Forslund, President and CEO, tel. 08-568 990 07, 070-547 74 77
\nHenrik Nygren, Chief Financial Officer, tel. 08-568 990 03, 070-977 06 86 <\/p>\n