{"id":16543,"date":"2005-06-23T13:11:45","date_gmt":"2005-06-23T11:11:45","guid":{"rendered":"https:\/\/www.note-ems.com\/mfn_news\/note-supplies-financial-information\/"},"modified":"2025-12-02T08:28:38","modified_gmt":"2025-12-02T07:28:38","slug":"note-supplies-financial-information","status":"publish","type":"mfn_news","link":"https:\/\/www.note-ems.com\/en\/pressmeddelande\/note-supplies-financial-information\/","title":{"rendered":"NOTE supplies financial information"},"content":{"rendered":"
NOTE is making provisions for feared write-downs of about SEK 65 75 million, which will debit the result for the second quarter this year. However, the group's current business is displaying a stable profit.<\/strong><\/div>\n

During a review of the group's stock, accounts receivable and activated costs we have made the assessment that we must make provisions for write-downs of parts of these items at the Norrt\u00e4lje and Bor\u00e5s factories. The revaluation is in part the result of underlying agreements with the customers not being deemed sufficiently binding.<\/p>\n

\"It does not feel good having to make these provisions, but it has always been my philosophy that if there is a risk of loss it must be identified and eliminated as soon as it is detected,\" says the new group manager Kjell-\u00c5ke Andersson.<\/p>\n

\"I also wish to state\", says Kjell-\u00c5ke, \"that it feels good that this is now behind us, and at the same time be able to declare that the group's current business is generating a positive cash flow and displaying a stable profit.\"<\/p>\n

For further information please contact:
\nKjell-\u00c5ke Andersson, Group Manager, NOTE AB, +46 (0)286 92 10 or +46 (0)708-60 81 23
\nGunilla Olsson, Director of Finance, NOTE AB, +46 (0)176-799 05 or +46 (0)709-50 80 71
\nAnnica Johansson, Group Controller, NOTE AB, +46 (0)176-799 07 or +46 (0)708+46 (0)45 50 54 <\/p>\n

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Attachments<\/strong>
wkr0001.pdf<\/a><\/p>\n<\/div>\n