January-June
\n- Sales increased by 8% to SEK 895.2 (831.6) million
\n- Operating profit improved by 29% to SEK 55.3 (43.0) million
\n- The operating margin increased to 6.21 pct (5.21 pct)
\n- Profit after tax totalled SEK 38.4 (27.9) million; SEK 3.99 (2.90) per share
\n- Cash flow amounted to SEK 73.4 (8.3) million; SEK 7.63 (0.86) per share
\n- New Board of Directors appointed and Arne Forslund reinstated as CEO
\n- Long-term co-operation agreements signed with Kongsberg and Schneider Electric
\n- Decision on new financial targets <\/p>\n
Second quarter
\n- Sales increased by 9% to SEK 470.2 (433.1) million
\n- Operating profit improved by SEK 271k to SEK 30.5 (24.1) million
\n- Operating margin increased to 6.51% (5.61%)
\n- Profit after tax totalled SEK 22.4 (15.8) million
\n- Cash flow amounted to SEK 27.8 (-15.4) million<\/p>\n
New financial targets
\nGrowth targets
\nNOTE will increase market shares organically and through acquisitions.<\/p>\n
Profitability targets
\nNOTE will grow under profitability. In the long term and on average over a business cycle, profitability, expressed as return on operating capital, shall exceed 35%.<\/p>\n
Capital structure targets
\nThe solvency ratio shall be at least 30%.<\/p>\n
NOTE's Interim Report for January-June 2006 is available as of today as a PDF file on the group's website, www.note.se, and is attached to this press release. <\/p>\n
Date of financial information from NOTE for the remainder of 2006:
\nInterim Report January-September 26 October 2007. \n<\/p>\n