{"id":16460,"date":"2009-10-20T08:30:00","date_gmt":"2009-10-20T06:30:00","guid":{"rendered":"https:\/\/www.note-ems.com\/mfn_news\/notes-interim-report-january-september-2009-2\/"},"modified":"2025-12-02T08:28:31","modified_gmt":"2025-12-02T07:28:31","slug":"notes-interim-report-january-september-2009-2","status":"publish","type":"mfn_news","link":"https:\/\/www.note-ems.com\/en\/press-release\/notes-interim-report-january-september-2009-2\/","title":{"rendered":"NOTE's Interim Report January-September 2009"},"content":{"rendered":"
Significant restructuring costs during the third quarter<\/strong><\/div>\n

Financial performance, January-September
\n- Sales reduced by 30% to SEK 908.6 (1,295.0) m
\n- Operating loss of SEK -88.1 (44.1) m, including non-recurring costs of SEK 63.7 m
\n- The operating margin was -9.7% (3.4%)
\n- The loss after financial items was SEK -93.7 (36.0) m
\n- The loss after tax was SEK -71.1 (23.4) m, or SEK -7.39 (2.43) per share
\n- Cash flow after investments was SEK 9.7 (31.3) m, or SEK 1.01 (3.25) per share<\/p>\n

Financial performance, July-September
\n- Sales reduced by 33% to SEK 267.4 (398.5) m
\n- Operating loss of SEK -61.4 (14.2) m, including non-recurring costs of SEK 55.7 m relating to the decision to cease producing a significant product in the Telecom segment
\n- The operating margin amounted to -23.0% (3.6%)
\n- The loss after financial items was SEK -62.7 (12.0) m
\n- The loss after tax was SEK -46.6 (7.7) m
\n- Cash flow after investments was SEK 14.2 (1.9) m<\/p>\n

Significant events in January-September
\n- Knut Pogost appointed as CEO and President of NOTE
\n- Market breakthrough for Nearsourcing-Kongsberg Defence & Aerospace of Norway decided to utilise the NOTEfied preferred parts database when developing new products, building on its collaboration with the Nearsourcing centre in Oslo
\n- Nearsourcing secures new customers-new collaboration agreements signed with companies including OTRUM, Telespor, Tour & Andersson, Radi Medical Systems and Radiocrafts
\n- Structural change in Telecom-a decision to cease a significant product by NOTE's largest customer in its Telecom segment necessitates further downsizing of operations at NOTE's unit in Skellefte\u00e5<\/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.<\/p>\n

The Year-end Report for 2009 will be published on 10 February 2010.<\/p>\n

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