{"id":16161,"date":"2025-07-14T08:00:00","date_gmt":"2025-07-14T06:00:00","guid":{"rendered":"https:\/\/www.note-ems.com\/mfn_news\/notes-interim-report-q2-2025\/"},"modified":"2025-12-02T08:28:01","modified_gmt":"2025-12-02T07:28:01","slug":"notes-interim-report-q2-2025","status":"publish","type":"mfn_news","link":"https:\/\/www.note-ems.com\/fi\/pressmeddelande\/notes-interim-report-q2-2025\/","title":{"rendered":"NOTEs Interim Report Q2 2025"},"content":{"rendered":"<div class=\"mfn-body\">\n<p><strong>Taloudellinen tulos huhti-kes\u00e4kuussa<\/strong><br \/>\u2022 Sales amounted to SEK 980 (1,012) million. Organic growth was 0%, currency adjusted.<br \/>\u2022 Operating profit was SEK 101 (99) million. Adjusted operating profit was SEK 94 (97) million, adjusted for revaluations of operating assets and liabilities in foreign currencies.<br \/>\u2022 The operating margin amounted to 10.3% (9.8%). The adjusted operating margin was 9.6% (9.6%).<br \/>\u2022 Profit after financial items was SEK 94 (86) million.<br \/>\u2022 Profit after tax amounted to SEK 76 (68) million, corresponding to SEK 2.65 (2.34) per share.<br \/>\u2022 Adjusted for items affecting comparability, such as investments in the property in Torsby, Sweden and acquisition-related payments in the comparative period, operating cash flow amounted to SEK 82 (157) million. Total cash flow after investments amounted to SEK 58 (137) million, or SEK 2.04 (4.73) per share.<\/p>\n<p><strong>Taloudellinen tulos tammi-kes\u00e4kuussa<\/strong><br \/>\u2022 Sales amounted to SEK 1,983 (2,067) million. Organic growth was -2%, currency adjusted.<br \/>\u2022 Operating profit was SEK 194 (190) million. Adjusted operating profit was SEK 194 (189) million, adjusted for revaluations of operating assets and liabilities in foreign currencies, and for a SEK 18 million provision for restructuring of the UK operation in the first quarter.<br \/>\u2022 The operating margin amounted to 9.7% (9.2%). The adjusted operating margin was 9.8% (9.2%).<br \/>\u2022 Profit after financial items was SEK 176 (164) million.<br \/>\u2022 Profit after tax amounted to SEK 141 (132) million, corresponding to SEK 4.93 (4.54) per share.<br \/>\u2022 Adjusted for items affecting comparability, such as investments in the property in Torsby, Sweden and acquisition-related payments in the comparative period, operating cash flow amounted to SEK 260 (241) million. Total cash flow after investments amounted to SEK 214 (221) million, or SEK 7.51 (7.63) per share.<\/p>\n<p><strong>CEO\u2019s comments \u2013 NOTE is continuing to invest in growth and profitability. We\u2019re well positioned to exploit the opportunities on the market.<\/strong><\/p>\n<p><em>\u201dThe first half-year 2025 featured a world in transformation. With a clear strategy, strong customer relationships and an organisation with proven capability to deliver in every situation, we\u2019re continuing to build for our future. We\u2019re investing, expanding and evolving\u2014even when the business environment is uncertain. Our customers are applying increasingly stringent standards to quality, flexibility and efficiency\u2014and we\u2019re satisfying them by continuing to improve our technology, skills and production flows. The fact that sales per NOTE employee are increasing continuously is clear evidence that our efforts are paying off.<\/em><\/p>\n<p><em>In the second quarter, we reported sales of SEK 980 million, which is in line with our guidance, despite a continued poor market. This is a sign of our strength, and we\u2019re experiencing growth on virtually all our markets apart from the UK.<\/em><\/p>\n<p><em>While growth generates profitability, we\u2019re seeing how our continuous efforts on streamlining and adapting our resources are paying off in stronger profitability, despite temporary market challenges restraining our growth. In the second quarter we reported an underlying operating margin of 9.6%.<\/em><\/p>\n<p><em>We continue to see strong cash flows from operations and operating cash flow for the quarter was SEK 82 million, and cumulative for the year SEK 260 million. NOTE\u2019s financial situation remains really strong and we have stability and room to exploit the opportunities on the market.<\/em><\/p>\n<p><em>Year over year, we expect a progressive improvement of sales in the second half-year, but we have narrowed the interval of our full-year sales estimate to SEK 3.9-4.1 million from SEK 3.9-4.3 billion previously. We\u2019re reiterating our operating margin estimate in the 9.5-10.5% interval.<\/em><\/p>\n<p><em>We view the second half-year as a stage in our continued growth journey, and we\u2019re continuing to invest to address our customers\u2019 expansion over the coming years.\u201d, <\/em>sanoo toimitusjohtaja Johannes Lind-Widestam.<\/p>\n<p>NOTEs Interim Report for Q2 2025 is now available in PDF format on the corporate web site,\u00a0<a href=\"http:\/\/www.note-ems.com\/fi\/\" rel=\"noopener\" target=\"_blank\">www.note-ems.com<\/a>, and attached to this message. Today at 10.00 CET, NOTE organizes a teleconference for analysts, media and investors, where CEO and President Johannes Lind-Widestam presents the report. The Interim Report for January-September will be published on 16 October.<\/p>\n<\/div>\n<div class=\"mfn-footer mfn-contacts mfn-6bd2645cb295\">\n<p><strong class=\"mfn-heading-1\">Lis\u00e4tietoja saat ottamalla yhteytt\u00e4:<\/strong><br \/>Johannes Lind-Widestam, toimitusjohtaja, puh. +46 (0)70 541 7222.\u00a0<br \/>Frida Frykstrand, talousjohtaja, puh. +46 (0)70 462 0939.<\/p>\n<\/div>\n<div class=\"mfn-footer mfn-about mfn-d068791129ea\">\n<p><strong class=\"mfn-heading-1\">Tietoja NOTEsta<\/strong><br \/><em>NOTE valmistaa PCBA:ita, osakokoonpanoja ja laatikkotuotteita. NOTE on kilpailukykyinen EMS-palveluntarjoaja ja vakaa yhteisty\u00f6kumppani asiakkaille, joilla on korkeat vaatimukset. NOTEn tuotteet on upotettu esimerkiksi elektroniikan ohjaus-, valvonta- ja turvaj\u00e4rjestelmien monimutkaisiin j\u00e4rjestelmiin.<\/em><br \/><em>\u00a0<\/em><br \/><em>NOTEn liiketoimintamalli perustuu korkealaatuisen valmistuksen, r\u00e4\u00e4t\u00e4l\u00f6ityjen logistiikkaratkaisujen ja konsultoinnin tarjoamiseen parhaalla mahdollisella kokonaiskustannuksella pitk\u00e4aikaisten asiakassuhteiden ja kumppanuuksien avulla. NOTEn asiakastarjonta kattaa koko tuotteen elinkaaren suunnittelusta myynnin j\u00e4lkeiseen myyntiin. NOTEn asiakaskunta koostuu p\u00e4\u00e4asiassa maailmanmarkkinoilla toimivista suuryrityksist\u00e4 ja yrityksist\u00e4, joiden p\u00e4\u00e4asiallinen myynti tapahtuu Pohjois-Euroopassa. <\/em><em><br \/><\/em><br \/><em>NOTE on l\u00e4sn\u00e4 Ruotsissa, Suomessa, Yhdistyneess\u00e4 kuningaskunnassa, Virossa, Bulgariassa ja Kiinassa. Liikevaihto 12 viime kuukauden aikana oli 4 201 miljoonaa Ruotsin kruunua, ja konsernilla on noin 1 600 ty\u00f6ntekij\u00e4\u00e4. NOTE on listattu Nasdaq Tukholman p\u00f6rssiss\u00e4. Lis\u00e4tietoja on osoitteessa www.note-ems.com.<\/em><\/p>\n<\/div>\n<div class=\"mfn-footer mfn-regulatory mfn-regulatory-mar-vpml\">\n<p><em>This information is information that NOTE AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact persons set out above, at 2025-07-14 08:00 CEST.<\/em><\/p>\n<\/div>\n<div class=\"mfn-footer mfn-attachment mfn-attachment-general\">\n<p><strong class=\"mfn-heading-1\">Liitteet<\/strong><br \/><a class=\"mfn-primary\" href=\"https:\/\/storage.mfn.se\/ae4ec115-3b37-4f17-9b19-d8dd4656b1f7\/interim-report-q2-2025.pdf\" rel=\"noopener\" target=\"_blank\">Interim Report Q2 2025<\/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\/ae4ec115-3b37-4f17-9b19-d8dd4656b1f7\/interim-report-q2-2025.pdf\" target=\"_blank\" rel=\"noopener\"><span class=\"mfn-attachment-icon\"><img decoding=\"async\" src=\"https:\/\/storage.mfn.se\/ae4ec115-3b37-4f17-9b19-d8dd4656b1f7\/interim-report-q2-2025.pdf?type=jpg\"><\/span>Interim Report Q2 2025<\/a><\/div><\/div>","protected":false},"excerpt":{"rendered":"Financial performance in April-June\u2022 Sales amounted to SEK 980 (1,012) million. Organic growth was 0%, currency adjusted.\u2022 Operating profit was SEK 101 (99) million. Adjusted operating profit was SEK 94 (97) million, adjusted for revaluations of operating assets and liabilities in foreign currencies.\u2022 The operating margin amounted to 10.3% (9.8%). The adjusted operating margin was &#8230;","protected":false},"template":"","class_list":["post-16161","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-report-interim-q2","mfn-news-tag-mfn-regulatory","mfn-news-tag-mfn-report","mfn-news-tag-mfn-regulatory-vpml"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.note-ems.com\/fi\/wp-json\/wp\/v2\/mfn_news\/16161","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.note-ems.com\/fi\/wp-json\/wp\/v2\/mfn_news"}],"about":[{"href":"https:\/\/www.note-ems.com\/fi\/wp-json\/wp\/v2\/types\/mfn_news"}],"wp:attachment":[{"href":"https:\/\/www.note-ems.com\/fi\/wp-json\/wp\/v2\/media?parent=16161"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}