{"id":16465,"date":"2009-07-17T08:30:00","date_gmt":"2009-07-17T06:30:00","guid":{"rendered":"https:\/\/www.note-ems.com\/mfn_news\/notes-interim-report-january-june-2009\/"},"modified":"2025-12-02T08:28:31","modified_gmt":"2025-12-02T07:28:31","slug":"notes-interim-report-january-june-2009","status":"publish","type":"mfn_news","link":"https:\/\/www.note-ems.com\/en\/press-release\/notes-interim-report-january-june-2009\/","title":{"rendered":"NOTE's Interim Report January-June 2009"},"content":{"rendered":"
Change towards upscaled market offensive<\/strong><\/div>\n

Financial performance January-June
\n- Sales reduced by 28% to SEK 641.2 (896.5) m
\n- Operating profit of SEK -26.7 (29.9) m, including non-recurring costs of just over SEK 8 m relating to
\n the change of CEO in June
\n- The operating margin was -4.2% (3.3%)
\n- The profit after financial items was SEK -31.0 (24.0) m
\n- The profit after tax was SEK -24.5 (15.7) m, or SEK -2.54 (1.63) per share
\n- Cash flow after investments was SEK -4.5 (29.4) m, or SEK -0.47 (3.05) per share<\/p>\n

Financial performance April-June
\n- Sales reduced by 33% to SEK 312.1 (469.2) m
\n- Operating profit of SEK -18.1 (16.2) m, including non-recurring costs of just over SEK 8 m relating to
\n the change of CEO in June
\n- The operating margin amounted to -5.8% (3.4%)
\n- The profit after financial items was SEK -19.8 (12.5) m
\n- The profit after tax was SEK -16.0 (8.2) m
\n- Cash flow after investments was SEK 10.8 (5.4) m<\/p>\n

Significant events January-June
\n- Knut Pogost appointed as CEO and President of NOTE
\n- Continued strategic realignment-measures implemented to transfer labour-intensive production
\n and sourcing services to the group's units in cost-efficient countries.
\n decided restructuring measures, staffing in Sweden reduced by 135 people, or 24%
\n- New funding facility arranged with NOTE's bank connection
\n- Market breakthrough for Nearsourcing-Kongsberg Defence & Aerospace of Norway decided to
\n utilise the NOTEfied preferred parts database when developing new products, building on its
\n collaboration with the Nearsourcing centre in Oslo
\n- Nearsourcing secures new customers-new collaboration agreements signed with companies
\n including OTRUM, Telespor, Tour & Andersson and Radiocrafts<\/p>\n

NOTE's Interim Report for January-June is now available in PDF format on the corporate web site, www.note.eu and attached to this message.<\/p>\n

The Interim Report for January-September will be published on 20 October.<\/p>\n

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

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