{"id":16330,"date":"2019-02-05T08:30:00","date_gmt":"2019-02-05T07:30:00","guid":{"rendered":"https:\/\/www.note-ems.com\/mfn_news\/notes-year-end-report-2018\/"},"modified":"2025-12-02T08:28:18","modified_gmt":"2025-12-02T07:28:18","slug":"notes-year-end-report-2018","status":"publish","type":"mfn_news","link":"https:\/\/www.note-ems.com\/et\/pressmeddelande\/notes-year-end-report-2018\/","title":{"rendered":"NOTE\u2019s Year-end Report 2018"},"content":{"rendered":"<p><span><strong><span>Finantsn\u00e4itajad oktoober-detsember<br \/><\/span><\/strong><\/span><span>\u2022 Sales increased by 22% to SEK 396.5 (325.0) million.<br \/><\/span><span>\u2022 Operating profit rose by 24% to SEK 28.1 (22.6) million.<br \/><\/span><span>\u2022 Operating margin expanded by 0.1 percentage points to 7.1% (7.0%).<br \/><\/span><span>\u2022 Profit after financial items increased by 25% to SEK 27.1 (21.6) million.<br \/><\/span><span>\u2022 Profit after tax rose to SEK 24.0 (17.8) million, corresponding to SEK 0.83 (0.62) per share.<br \/><\/span><span>\u2022 Cash flow after investments, including acquisition, amounted to SEK -80.8 (1.8) million, or SEK -2.80 (0.06) per share.<\/span><\/p>\n<p><span><strong><span>Finantstulemused jaanuar-detsember<br \/><\/span><\/strong><\/span><span>\u2022 Sales increased by 17% to SEK 1,378.6 (1,175.7) million.<br \/><\/span><span>\u2022 Operating profit amounted to SEK 83.9 (93.4) million. The underlying operating profit, adjusted for non-recurring items during the first quarter of last year and for expenses caused by the change of CEO during the third quarter, improved by 17% to 90.9 (77.7).<br \/><\/span><span>\u2022 Operating margin was 6.1% (7.9%). The underlying operating margin, adjusted for non-recurring items during the first quarter of last year and for expenses caused by the CEO shift during the third quarter, amounted to 6.6% (6.6%).<br \/><\/span><span>\u2022 Profit after financial items amounted to SEK 78.8 (88.8) million.<br \/><\/span><span>\u2022 Profit after tax amounted to SEK 64.2 (72.1) million, corresponding to SEK 2.22 (2.50) per share.<br \/><\/span><span>\u2022 Cash flow after investments, amounted to SEK -76.0 (69.7) million, or SEK -2.63 (2.41) per share.<\/span><\/p>\n<p><span><strong><span>Dividend<br \/><\/span><\/strong><\/span><span>The Board of Directors is proposing a dividend of SEK 0.70 (1.00) per share, corresponding to SEK 20.2 (28.9) million.<\/span><\/p>\n<p><span><strong><span>CEO\u2019s comment \u2013 2018 was a great year for NOTE<\/span><\/strong><em>\u00a0<br \/><\/em><\/span><em><span>\u201cIn 2018, we increased sales by 17% to SEK 1,379 million. Organic growth was 15%, which was seasoned slightly during Nov-Dec with our newly acquired UK company Speedboard Assembly Services. During Q4, growth was 22%. We still see high demand at all home markets, and the order backlog, for comparable units, was just over 25% higher than last year.<\/span><\/em><\/p>\n<p><span><em><span>Our reported operating profit amounted to SEK 84 million. The underlying operating profit, excluding non-recurring items, improved by 17% to SEK 91 million, corresponding to an operating margin of 6.6%. For Q4, the operating margin was 7.1%.<\/span><\/em><\/span><\/p>\n<p><span><em><span>Growth naturally contributes to increased working capital tied up, which puts pressure on the cash flow. After the fourth quarter&#39;s expansive acquisition, and the repurchase of own shares, our balance sheet remained strong with an equity ratio of approximately 40%.<\/span><\/em><\/span><\/p>\n<p><span><em><span>We still see good opportunities to increase our market share. We work hard to ensure that our new company Speedboard will reach its full potential. In addition, our intention is to be active on the acquisition side going forward\u201d,\u00a0<\/span><\/em><span>says Johannes Lind-Widestam, President and CEO.<\/span><span> <\/span><\/span><\/p>\n<p><span>NOTE\u2019s Year-end Report for 2018 is now available in PDF format at the web site, www.note.eu, and attached to this message. The Interim Report for January\u2013March<strong> <\/strong>will be published on 25 April.<\/span><strong>\u00a0<\/strong><\/p>\n<p><span>Lisateabe saamiseks v\u00f5tke palun \u00fchendust:<br \/><\/span><span>Johannes Lind-Widestam, tegevjuht ja president, tel. +46 (0)70 541 7222.<\/span><span>\u00a0<\/span><span>\u00a0<br \/><\/span><span>Henrik Nygren, finantsjuht, tel. <\/span><span>+46 (0)70 977 0686<\/span><\/p>\n<p><span><em><span>Umbes m\u00e4rkus<br \/><\/span><\/em><\/span><em><span>NOTE on \u00fcks P\u00f5hja-Euroopa juhtivaid EMS-partnereid, kes toodab PCBAsid.<\/span><\/em><em><span>, <\/span><\/em><em><span>alakoostud<\/span><\/em><em><span> ja karbi ehitustooted<\/span><\/em><em><span>. NOTE pakkumine katab kogu toote eluts\u00fckli, alates projekteerimisest kuni m\u00fc\u00fcgij\u00e4rgse m\u00fc\u00fcgini.<\/span><\/em><em><span> NOTE on esindatud Rootsis, Soomes, \u00dchendkuningriigis, Eestis ja Hiinas. Viimase 12 kuu netok\u00e4ive oli 1 379 miljonit Rootsi krooni; kontsernis t\u00f6\u00f6tab ligikaudu 1080 inimest. NOTE on b\u00f6rsil noteeritud<\/span><\/em><em><span> Nasdaq Stockholmi b\u00f6rsil. <\/span><\/em><em><span>Lisateavet leiate veebilehelt www.note.eu.<\/span><\/em><\/p>\n<p><span><em><span>See teave on selline teave, mille NOTE AB (publ) on kohustatud avalikustama vastavalt ELi turu kuritarvitamise m\u00e4\u00e4rusele. Teave esitati avaldamiseks j\u00e4rgmiste asutuste kaudu <\/span><\/em><em><span>Johannes Lind-Widestam, at 8:30 a.m.<\/span><\/em><em><span> <\/span><\/em><em><span>CET on 5 February 2019.<\/span><\/em>\u00a0<\/span><\/p>\n<div class=\"mfn-footer\">\n<p><span><strong><\/strong><\/span><\/p>\n<\/div>\n<div class=\"mfn-footer mfn-about\">\n<p><span><strong><\/strong><\/span><\/p>\n<\/div>\n<div class=\"mfn-footer mfn-attachment mfn-attachment-general\">\n<p><strong class=\"mfn-heading-1\">Lisad<\/strong><br \/><a class=\"mfn-primary\" href=\"https:\/\/mb.cision.com\/Main\/165\/2731598\/985582.pdf\" rel=\"noopener\" target=\"_blank\">Year-end Report 2018<\/a><br \/><a href=\"https:\/\/mb.cision.com\/Public\/165\/2731598\/8d14d3ddea78efe8.pdf\" rel=\"noopener\" target=\"_blank\">Pressiteade<\/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\/year-end-report-2018.pdf?url=https%3A%2F%2Fmb.cision.com%2FMain%2F165%2F2731598%2F985582.pdf\" target=\"_blank\" rel=\"noopener\"><span class=\"mfn-attachment-icon\"><img decoding=\"async\" src=\"https:\/\/storage.mfn.se\/proxy\/year-end-report-2018.pdf?url=https%3A%2F%2Fmb.cision.com%2FMain%2F165%2F2731598%2F985582.pdf&type=jpg\"><\/span>Year-end Report 2018<\/a><\/div><div class=\"mfn-attachment\"><a class=\"mfn-attachment-link\" href=\"https:\/\/storage.mfn.se\/proxy\/press-release.pdf?url=https%3A%2F%2Fmb.cision.com%2FPublic%2F165%2F2731598%2F8d14d3ddea78efe8.pdf\" target=\"_blank\" rel=\"noopener\"><span class=\"mfn-attachment-icon\"><img decoding=\"async\" src=\"https:\/\/storage.mfn.se\/proxy\/press-release.pdf?url=https%3A%2F%2Fmb.cision.com%2FPublic%2F165%2F2731598%2F8d14d3ddea78efe8.pdf&type=jpg\"><\/span>Pressiteade<\/a><\/div><\/div>","protected":false},"excerpt":{"rendered":"Financial performance October\u2013December\u2022 Sales increased by 22% to SEK 396.5 (325.0) million.\u2022 Operating profit rose by 24% to SEK 28.1 (22.6) million.\u2022 Operating margin expanded by 0.1 percentage points to 7.1% (7.0%).\u2022 Profit after financial items increased by 25% to SEK 27.1 (21.6) million.\u2022 Profit after tax rose to SEK 24.0 (17.8) million, corresponding to &#8230;","protected":false},"template":"","class_list":["post-16330","mfn_news","type-mfn_news","status-publish","hentry","mfn-news-tag-mfn-lang-en","mfn-news-tag-mfn-report-interim","mfn-news-tag-mfn-type-ir","mfn-news-tag-mfn-regulatory-mar","mfn-news-tag-mfn","mfn-news-tag-mfn-regulatory","mfn-news-tag-mfn-report","mfn-news-tag-mfn-report-interim-q4"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.note-ems.com\/et\/wp-json\/wp\/v2\/mfn_news\/16330","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.note-ems.com\/et\/wp-json\/wp\/v2\/mfn_news"}],"about":[{"href":"https:\/\/www.note-ems.com\/et\/wp-json\/wp\/v2\/types\/mfn_news"}],"wp:attachment":[{"href":"https:\/\/www.note-ems.com\/et\/wp-json\/wp\/v2\/media?parent=16330"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}