2015-10-19

NOTE’s Interim Report January–September 2015

Financial performance July–September
• Sales were SEK 261.5 (235.5) million.
• Operating profit was SEK 11.6 (10.4) million.
• Operating margin was 4.4% (4.4%).
• Profit after financial items was 10.4 (9.8) million.
• Profit after tax was SEK 9.8 (8.7) million, corresponding to SEK 0.34 (0.30) per share.
• Cash flow after investments was SEK -24.0 (-23.2) million, or SEK -0.83 (-0.80) per share.

Financial performance January–September
• Sales were SEK 816.3 (715.9) million.
• Operating profit was 34.7 (23.7) million.
• Operating margin was 4.3% (3.3%).
• Profit after financial items was 30.6 (20.7) million.
• Profit after tax was SEK 27.6 (17.5) million, corresponding to SEK 0.96 (0.61) per share.
• Cash flow after investments was SEK -20.3 (-8.3) million, or SEK -0.70 (-0.29) per share.

CEO’s comment – Continued positive development for NOTE
"Year to date, NOTE achieved sales growth of 14%. Several of our customers are experiencing a positive momentum. Operating profit for the first three quarters improved by SEK 11.0 million to SEK 34.7 million. Operating margin increased by 1.0 percentage points to 4.3%.

Our order book continues to indicate positive volume growth in the fourth quarter, and our Balance Sheet remains strong", says Peter Laveson, CEO and President.

NOTE’s Interim Report for January–September is now available in PDF format on the corporate web site, www.note.eu, and attached to this message. The Year-End Report for 2015 will be published on 4 February 2016.

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