{"id":16393,"date":"2014-10-20T08:30:00","date_gmt":"2014-10-20T06:30:00","guid":{"rendered":"https:\/\/www.note-ems.com\/mfn_news\/notes-interim-report-january-september-2014\/"},"modified":"2025-12-02T08:28:24","modified_gmt":"2025-12-02T07:28:24","slug":"notes-interim-report-january-september-2014","status":"publish","type":"mfn_news","link":"https:\/\/www.note-ems.com\/en\/pressmeddelande\/notes-interim-report-january-september-2014\/","title":{"rendered":"NOTE's Interim Report January-September 2014"},"content":{"rendered":"

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

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

- Operating profit was SEK 10.4 (-4.6) million.<\/span><\/p>\n

- The operating margin was 4.41 FTE3T (-2.31 FTE3T).<\/span><\/p>\n

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

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

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

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

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

- Operating profit was SEK 23.7 (-0.7) million.<\/span><\/p>\n

- The operating margin was 3.31 FTE3T (-0.11 FTE3T).<\/span><\/p>\n

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

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

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

CEO's comment to the Interim Report <\/span><\/strong><\/span><\/p>\n

\"We have now achieved organic sales growth four consecutive quarters. Our sales so far this year has increased by 10% to SEK 715.9 (651.7) million. Projected-oriented business boosted sales growth in the third quarter to just over 17%. I consider that the sales growth in the year clearly shows that we are strengthening our position on a relatively stable European market.<\/span><\/p>\n

Operating profit for the first nine months of the year was SEK 23.7 (-0.7) million, corresponding to an operating margin of 3.3% (-0.1%). For the third quarter the operating margin improved to 4.4% (-2.3%).<\/span><\/p>\n

Mainly as a result of the sales growth, our cash flow after investments was negative for the first nine months of the year, SEK -8.3 million. Our balance sheet remains solid-the equity to assets ratio was almost 45% at the end of the period\", says Peter Laveson, President and CEO.<\/span><\/p>\n

NOTE's Interim Report for January-September is now available in PDF format on the corporate web site, www.note.eu, and attached to this message. The Year-End Report for January-December will be published on 6 February 2015. <\/span><\/p>\n

For more information, please contact: <\/span>
<\/span>Peter Laveson, CEO and President, tel. +46 (0)8 568 99006, +46 (0)70 433 9999 <\/span>
<\/span>Henrik Nygren, CFO, tel. +46 (0)8 568 99003, +46 (0)70 977 0686<\/span><\/p>\n

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

NOTE is one of the leading Northern European manufacturing and logistics partners for electronics production. NOTE produces PCBAs, sub-assemblies and box build products. NOTE's offering covers the whole product lifecycle, from design to after-sales. NOTE has a presence in Sweden, Norway, Finland, the UK, Estonia and China. In 2013, net sales were SEK 907 million; the group has approximately 850 employees. NOTE is listed on the Nasdaq Stockholm Exchange. For more information, please go to www.note.eu. <\/span><\/em>www.note.eu<\/span><\/em><\/a>.<\/span><\/em><\/span><\/p>\n

NOTE AB (publ) discloses the information provided herein pursuant to the Securities Markets Act.
The information was submitted for publication on 20 October 2014 at 8:30 a.m.<\/span><\/em><\/span><\/p>\n

<\/div>\n
<\/div>\n
\n

Attachments<\/strong>
Interim Report January-September 2014<\/a>
Press Release<\/a><\/p>\n<\/div>\n