{"id":16499,"date":"2007-10-26T08:15:00","date_gmt":"2007-10-26T06:15:00","guid":{"rendered":"https:\/\/www.note-ems.com\/mfn_news\/note-posts-continued-profitability-gains-despite-reduced-volumes-in-q3\/"},"modified":"2025-12-02T08:28:34","modified_gmt":"2025-12-02T07:28:34","slug":"note-posts-continued-profitability-gains-despite-reduced-volumes-in-q3","status":"publish","type":"mfn_news","link":"https:\/\/www.note-ems.com\/en\/press-release\/note-posts-continued-profitability-gains-despite-reduced-volumes-in-q3\/","title":{"rendered":"NOTE posts continued profitability gains despite reduced volumes in Q3"},"content":{"rendered":"<p>January-September<br \/>\n- Sales increased by 31Q3 to SEK 1,285.1 (1,253,0) m <br \/>\n- Operating profit improved by 19% to SEK 83.4 (69.8) m<br \/>\n- Operating margin grew to 6.5% (5.6%)<br \/>\n- Profit after financial items was SEK 77.2 (63.8) m<br \/>\n- Profit after tax amounted to SEK 57.3 (45.9) m; SEK 5.95 (4.77) per share<br \/>\n- Cash flow was SEK 34.3 (-16.6) m; SEK 3.57 (-1.72) per share<\/p>\n<p>Third quarter<br \/>\n- Sales reduced by 7% to SEK 389.9 (421.4) m<br \/>\n- Operating profit rose by 5% to SEK 28.1 (26.8) m<br \/>\n- Operating margin expanded to 7.2% (6.4%)<br \/>\n- Profit after financial items was SEK 25.7 (25.1) m<br \/>\n- Profit after tax amounted to SEK 18.9 (18.0) m<br \/>\n- Cash flow was SEK -39.1 (-24.9) m<br \/>\n- Acquisition of production capacity in China, strategic collaboration begins with Ionics EMS of the <br \/>\n  Philippines<br \/>\n- Mainly because of the uncertain demand within Telecom, sales during Q4 is expected to be lower <br \/>\n  then estimated<\/p>\n<p>New incentive scheme proposed for senior executives<br \/>\nWithin the auspices of a three-year incentive scheme, the Board has resolved to submit a proposal  <br \/>\non the issuance of warrants corresponding to 500,000 shares. This package may imply maximum  <br \/>\ndilution of 5%, and is targeted at over 50 senior executives of the group. The proposed pricing is on <br \/>\nmarket terms. An Extraordinary General Meeting (EGM) will be held in Stockholm, Sweden, on <br \/>\n29 November 2007.<\/p>\n<p>NOTE\u00b4s interim report for January-September is now available in PDF format at NOTE\u00b4s website, www.note.se, and attached to this message.<\/p>\n<p>The year-end report for 2007 will be released on 12 February 2008.<\/p>\n<div class=\"mfn-footer\"><\/div>\n<div class=\"mfn-footer mfn-about\"><\/div>\n<div class=\"mfn-footer mfn-attachment mfn-attachment-general\">\n<p><strong class=\"mfn-heading-1\">Attachments<\/strong><br \/><a href=\"https:\/\/feed.ne.cision.com\/Commands\/File.aspx?id=714933\" rel=\"noopener\" target=\"_blank\">wkr0001.pdf<\/a><\/p>\n<\/div>\n<script>\n                Array.prototype.slice.call(document.querySelectorAll(\".mfn-footer.mfn-attachment\")).forEach(function (el) { el.remove() });\n            <\/script>\n        <div class=\"mfn-attachments-container\"><div class=\"mfn-attachment\"><a class=\"mfn-attachment-link\" href=\"https:\/\/storage.mfn.se\/proxy\/wkr0001-pdf.pdf?url=https%3A%2F%2Ffeed.ne.cision.com%2FCommands%2FFile.aspx%3Fid%3D714933\" target=\"_blank\" rel=\"noopener\"><span class=\"mfn-attachment-icon\"><img decoding=\"async\" src=\"https:\/\/storage.mfn.se\/proxy\/wkr0001-pdf.pdf?url=https%3A%2F%2Ffeed.ne.cision.com%2FCommands%2FFile.aspx%3Fid%3D714933&type=jpg\"><\/span>wkr0001.pdf<\/a><\/div><\/div>","protected":false},"excerpt":{"rendered":"January-September - Sales increased by 3% to SEK 1,285.1 (1,253,0) m - Operating profit improved by 19% to SEK 83.4 (69.8) m - Operating margin grew to 6.5% (5.6%) - Profit after financial items was SEK 77.2 (63.8) m - Profit after tax amounted to SEK 57.3 (45.9) m; SEK 5.95 (4.77) per share - ...","protected":false},"template":"","class_list":["post-16499","mfn_news","type-mfn_news","status-publish","hentry","mfn-news-tag-mfn-ci","mfn-news-tag-mfn-lang-en","mfn-news-tag-mfn-type-ir","mfn-news-tag-mfn","mfn-news-tag-mfn-ci-other","mfn-news-tag-mfn-regulatory","mfn-news-tag-mfn-regulatory-vpml"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.note-ems.com\/en\/wp-json\/wp\/v2\/mfn_news\/16499","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.note-ems.com\/en\/wp-json\/wp\/v2\/mfn_news"}],"about":[{"href":"https:\/\/www.note-ems.com\/en\/wp-json\/wp\/v2\/types\/mfn_news"}],"wp:attachment":[{"href":"https:\/\/www.note-ems.com\/en\/wp-json\/wp\/v2\/media?parent=16499"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}