{"id":16350,"date":"2018-02-06T08:30:00","date_gmt":"2018-02-06T07:30:00","guid":{"rendered":"https:\/\/www.note-ems.com\/mfn_news\/notes-year-end-report-2017\/"},"modified":"2025-12-02T08:28:20","modified_gmt":"2025-12-02T07:28:20","slug":"notes-year-end-report-2017","status":"publish","type":"mfn_news","link":"https:\/\/www.note-ems.com\/fi\/pressmeddelande\/notes-year-end-report-2017\/","title":{"rendered":"NOTE\u2019s Year-end Report 2017"},"content":{"rendered":"<p><span><strong>Financial performance October\u2013December<\/strong><br \/>\u2022 Sales increased by 13% to SEK 325.0 (288.2) million.<br \/>\u2022 Operating profit rose to SEK 22.6 (16.5) million.<br \/>\u2022 Operating margin expanded by 1.3 percentage points to 7.0% (5.7%).<br \/>\u2022 Profit after financial items increased to SEK 21.6 (15.1) million.<br \/>\u2022 Profit after tax rose to SEK 17.8 (12.9) million, corresponding to SEK 0.62 (0.45) per share.<br \/>\u2022 Cash flow after investments amounted to SEK 1.8 (3.2) million, or SEK 0.06 (0.11) per share.<\/p>\n<p><strong>Financial performance January\u2013December<\/strong><br \/>\u2022 Sales amounted to SEK 1,175.7 (1,098.1) million. Excluding divestments, sales increased by 9%.<br \/>\u2022 Operating profit rose to SEK 93.4 (60.2) million, and adjusted for non-recurring items in the first quarter, operating profit increased to SEK 77.7 (60.2) million.<br \/>\u2022 Operating margin was 7.9% (5.5%), adjusted for non-recurring items in the first quarter, operating margin expanded by 1.1 percentage points to 6.6% (5.5%).<br \/>\u2022 Profit after financial items increased to SEK 88.8 (54.5) million.<br \/>\u2022 Profit after tax was up to SEK 72.1 (45.2) million, corresponding to SEK 2.50 (1.57) per share.<br \/>\u2022 Cash flow after investments increased to SEK 69.7 (40.9) million, or SEK 2.41 (1.42) per share.<\/p>\n<p><strong>Osinko<\/strong><br \/>The Board of Directors is proposing that the dividend to shareholders increases to SEK 1.00 (0.70) per share, corresponding to SEK 28.9 (20.2) million. The AGM will be held on 26 April.<\/p>\n<p><strong>Toimitusjohtajan kommentti<\/strong><br \/><em>\u201c2017 was a strong year for NOTE. We won new customers&#39; trust and at the same time we strengthened our partnerships within the current customer base. During the year, sales in our units increased by 9% and during the fourth quarter we achieved a growth of 13%. At year-end, our order books were just over 20% above the previous year&#39;s level.<\/em><\/span><\/p>\n<p><span><em>Increased sales, cost efficiency improvements and strong development in our Western European units contributed to boosting our profitability. In the fourth quarter, our operating margin improved by 1.3 percentage points to 7.0%.<\/em><\/p>\n<p><em>We are financially well equipped for the future\u2013our Balance Sheet is one of the strongest in the industry. At year-end we had an equity ratio of 49%, well above the targeted 30%,<\/em>\u201d says Per Ovr\u00e9n, CEO and President.<\/p>\n<p>NOTE\u2019s Year-end Report for 2017 is now available in PDF format at the web site, www.note.eu, and attached to this message. The Interim Report for January\u2013March will be published on 26 April.<\/p>\n<p>Lis\u00e4tietoja saat ottamalla yhteytt\u00e4:<br \/>Per Ovr\u00e9n, CEO and President, tel. +46 (0)73 440 7727<br \/>Henrik Nygren, talousjohtaja, puh. +46 (0)70 977 0686.<\/p>\n<p><em>Tietoja NOTEsta<\/em><br \/><em>NOTE is one of northern Europe\u2019s leading EMS partners, producing PCBAs, subassemblies and box build products. NOTE&#39;s offering covers the complete product lifecycle, from design to after-sales. NOTE has a presence in Sweden, Finland, the UK, Estonia and China. Net sales in the last 12 months were SEK 1,176 million; the group has approximately 950 employees. NOTE is listed on Nasdaq Stockholm. For more information, please go to www.note.eu.<\/em><\/p>\n<p><em>This information is information that NOTE AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of Per Ovr\u00e9n, at 8:30 a.m. CET on 6 February 2018.<\/em><\/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\">Liitteet<\/strong><br \/><a class=\"mfn-primary\" href=\"https:\/\/mb.cision.com\/Main\/165\/2445488\/787366.pdf\" rel=\"noopener\" target=\"_blank\">Year-end Report 2017<\/a><br \/><a href=\"https:\/\/mb.cision.com\/Public\/165\/2445488\/9280624c226eb492.pdf\" rel=\"noopener\" target=\"_blank\">Lehdist\u00f6tiedote<\/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-2017.pdf?url=https%3A%2F%2Fmb.cision.com%2FMain%2F165%2F2445488%2F787366.pdf\" target=\"_blank\" rel=\"noopener\"><span class=\"mfn-attachment-icon\"><img decoding=\"async\" src=\"https:\/\/storage.mfn.se\/proxy\/year-end-report-2017.pdf?url=https%3A%2F%2Fmb.cision.com%2FMain%2F165%2F2445488%2F787366.pdf&type=jpg\"><\/span>Year-end Report 2017<\/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%2F2445488%2F9280624c226eb492.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%2F2445488%2F9280624c226eb492.pdf&type=jpg\"><\/span>Lehdist\u00f6tiedote<\/a><\/div><\/div>","protected":false},"excerpt":{"rendered":"Financial performance October\u2013December\u2022 Sales increased by 13% to SEK 325.0 (288.2) million.\u2022 Operating profit rose to SEK 22.6 (16.5) million.\u2022 Operating margin expanded by 1.3 percentage points to 7.0% (5.7%).\u2022 Profit after financial items increased to SEK 21.6 (15.1) million.\u2022 Profit after tax rose to SEK 17.8 (12.9) million, corresponding to SEK 0.62 (0.45) per &#8230;","protected":false},"template":"","class_list":["post-16350","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\/fi\/wp-json\/wp\/v2\/mfn_news\/16350","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=16350"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}