{"id":16502,"date":"2007-07-18T08:50:00","date_gmt":"2007-07-18T06:50:00","guid":{"rendered":"https:\/\/www.note-ems.com\/mfn_news\/note-posts-continously-improved-profitability\/"},"modified":"2025-12-02T08:28:34","modified_gmt":"2025-12-02T07:28:34","slug":"note-posts-continually-improved-profitability","status":"publish","type":"mfn_news","link":"https:\/\/www.note-ems.com\/en\/press-release\/note-posts-continually-improved-profitability\/","title":{"rendered":"NOTE posts continually improved profitability"},"content":{"rendered":"<p>January-June<br \/>\n- Sales increased 8% to SEK 895.2 (831.6) m<br \/>\n- Operating profit improved by 29% to SEK 55.3 (43.0) m<br \/>\n- Operating margin increased to 6.2% (5.2%)<br \/>\n- Profit after tax was SEK 38.4 (27.9) m or SEK 3.99 (2.90) per share<br \/>\n- Cash flow was SEK 73.4 (8.3) m, SEK 7.63 (0.86) per share<br \/>\n- New Board appointed, Arne Forslund reinstated as CEO <br \/>\n- Long-term collaborations signed with Kongsberg and Schneider Electric<br \/>\n- Decision on new financial objectives <\/p>\n<p>Second quarter<br \/>\n- Sales increased 9% to SEK 470.2 (433.1) m<br \/>\n- Operating profit improved by 27% to SEK 30.5 (24.1) m<br \/>\n- Operating margin increased to 6.5% (5.6%)<br \/>\n- Profit after tax was SEK 22.4 (15.8) m <br \/>\n- Cash flow was SEK 27.8 (-15.4) m <\/p>\n<p>New financial objectives<br \/>\nGrowth objective: NOTE will increase its market shares, organically and via acquisitions.<\/p>\n<p>Profitability objective: NOTE will achieve profitable growth. Long term and on average over a business cycle, profitability, expressed as return on operating capital, will exceed 35%.<\/p>\n<p>Capital structure objective: The minimum equity to assets ratio will be 30%.<\/p>\n<p>NOTE's interim report for January-March 2007 is now both available in PDF format at NOTE's website, www.note.se, and attached to this message.<\/p>\n<p>The Interim Report for January-September 2007 will be published on 26 October 2007.\n<\/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=673308\" 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%3D673308\" 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%3D673308&type=jpg\"><\/span>wkr0001.pdf<\/a><\/div><\/div>","protected":false},"excerpt":{"rendered":"January-June - Sales increased 8% to SEK 895.2 (831.6) m - Operating profit improved by 29% to SEK 55.3 (43.0) m - Operating margin increased to 6.2% (5.2%) - Profit after tax was SEK 38.4 (27.9) m or SEK 3.99 (2.90) per share - Cash flow was SEK 73.4 (8.3) m, SEK 7.63 (0.86) per ...","protected":false},"template":"","class_list":["post-16502","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"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.note-ems.com\/en\/wp-json\/wp\/v2\/mfn_news\/16502","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=16502"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}