-
- News
- Books
Featured Books
- smt007 Magazine
Latest Issues
Current IssueComing to Terms With AI
In this issue, we examine the profound effect artificial intelligence and machine learning are having on manufacturing and business processes. We follow technology, innovation, and money as automation becomes the new key indicator of growth in our industry.
Box Build
One trend is to add box build and final assembly to your product offering. In this issue, we explore the opportunities and risks of adding system assembly to your service portfolio.
IPC APEX EXPO 2024 Pre-show
This month’s issue devotes its pages to a comprehensive preview of the IPC APEX EXPO 2024 event. Whether your role is technical or business, if you're new-to-the-industry or seasoned veteran, you'll find value throughout this program.
- Articles
- Columns
Search Console
- Links
- Events
||| MENU - smt007 Magazine
HANZA Releases Interim Report January-June 2023
July 26, 2023 | HANZAEstimated reading time: 1 minute
HANZA AB reports another record-strong quarter with stable growth and a significant margin increase. The company further writes about the recently won major order to Mitsubishi and a continued very good order intake in virtually all industries and geographies.
Second quarter 2023
- Net sales increased by 21 % to SEK 1 068 million (886).
- Adjusted for acquisitions and currency, organic growth was 13%.
- Operating profit (EBITA) increased to SEK 92 m (57), which corresponds to an operating margin of 8.6% (6.4).
- Profit after tax amounted to SEK 60 million (36), corresponding to SEK 1.51 per share (1.01) before dilution and SEK 1.49 (1.00) after dilution.
- Cash flow from operating activities totalled SEK 86 million (29).
First half of 2023
- Net sales increased by 25 % to SEK 2 132 million (1 710).
- Adjusted for acquisitions and currency, growth was 18%.
- Operating profit (EBITA) increased to SEK 179 million (99), which corresponds to an operating margin of 8.4% (5.8). Energy subsidies had a positive impact of SEK 7 million. Excluding this item, operating profit amounted to SEK 172 million, corresponding to an operating margin of 8.1%.
- Profit after tax amounted to SEK 118 million (55), corresponding to SEK 3.00 per share (1.55) before dilution and SEK 2.96 (1.53) after dilution.
- Cash flow from operating activities totalled SEK 175 million (43).
CEO Erik Stenfors comments on the report:
"During the quarter, we saw continued good demand from HANZA's broad customer base. To meet the growth, we are working to expand capacity through efficiency improvements. Q2 was therefore our strongest quarter to date in terms of earnings with an operating margin of 8.6 per cent (6.4). In the Main Markets segment, the margin now reaches as much as 11.1 per cent, which is industry leading. Furthermore, cash flow continues to be strong despite the expansion requiring working capital."
"HANZA also continues to win brand new business and one example is the agreement we signed with Mitsubishi Logisnext Europe in early July. It is a large deal - we estimate the order value to be significantly over SEK 100 million per year - but above all, it is a good example of our unique offer to simplify supply chains. We see that the need is increasing, not least because of a changing world."
"A cornerstone for HANZA is a long-term approach. We look forward to continuing to be a fast-growing company for a long time and thus also during different economic phases. And with profitability that increases for simple and clear reasons."
Suggested Items
PC Client CPU Shipments in 1Q24 Up 33% YoY
05/10/2024 | Jon Peddie ResearchJon Peddie Research reports the growth of the global PC client-based CPU units market reached 62 million units in Q1’24, a decrease of -9.4% quarter to quarter and a 33% growth from Q1’23.
MKS Instruments Reports Q1 2024 Financial Results
05/09/2024 | MKS Instruments, Inc.MKS Instruments, Inc., a global provider of enabling technologies that transform our world, reported first quarter 2024 financial results.
Punching Out: Breaking Out of the Valuation Box
05/09/2024 | Tom Kastner -- Column: Punching Out!Most companies are in a “valuation box.” That is, the value of the company, based on a market multiple, is not equal to the value of the assets. Or worse, once debt is paid off, the net proceeds would actually be negative. Here are some tips for getting out of the box.
Incap Releases Unaudited Business Review for January–March 2024
05/08/2024 | IncapRevenue for the first quarter 2024 amounted to EUR 51.4 million (1–3/2023: EUR 72.2 million). Year-on-year the revenue decreased 29.3%, as expected.
Schweizer Electronic: Business Development in Q1 2024
05/08/2024 | Schweizer Electronic AGThe sales of the SCHWEIZER Group amounted to EUR 39.2 million in the first quarter of 2024 (Q1 2023: EUR 37.1 million). This corresponds to an increase of +5.5 percent compared to the same quarter of the previous year.